Cotality names former USAA CEO Wayne Peacock to board of directors

Real estate analytics and data solutions provider Cotality on Thursday announced that Wayne Peacock, the former CEO of financial services giant USAA, was appointed Feb. 18 as an independent member of Cotality’s board of directors.

Peacock spent 36 years at USAA, including five as its president and CEO. He led the Fortune 100 company that serves 14 million members across its banking, insurance and retirement solutions divisions. A press release from Cotality called him a “transformational leader at the forefront of customer experience innovation and operational excellence.”

During his time at USAA — which works exclusively with active-duty service members, veterans and their families — Peacock led the company in its quest for digital transformation, operational modernization and economic disruption. He led business activities across the casualty insurance, retail banking and enterprise risk management arenas, among other duties.

“Wayne’s depth of experience and his track record leading teams through technology transformation in complex industries will be a strong addition to our board,” Patrick L. Dodd, president and CEO of Cotality, said in a statement. “As data, analytics and AI continue to reshape housing, insurance and capital markets, his expertise and support will accelerate Cotality’s continued growth and long-term strategic priorities.” 

Peacock is also a director for insurance brokerage HUB International and vice chair for the Elizabeth Dole Foundation, which advocates for military caregivers. He has previously held board and executive committee roles with the American Property Casualty Insurance Association, the Insurance Information Institute, the Business Roundtable and the insurance policy advisory committee for the Federal Reserve Board.

“Throughout my career, I’ve led organizations where customer trust, operational discipline and financial strength were inseparable,” Peacock said in a statement. “Housing and insurance decisions are among the most important financial choices individuals and institutions make. As data and technology play an increasingly significant role in those decisions, Cotality has the opportunity and responsibility to deliver clarity, resilience and long-term value. I look forward to contributing to the board as Cotality continues to scale and advances through this exciting next phase of its growth.” 

Cotality board member Chuck Davis, the chairman and CEO of Stone Point Capital, lauded Peacock’s appointment.

“Wayne has led through complexity at scale, with a disciplined approach to capital and operational execution,” Davis said. “His background strengthens the board as Cotality continues expanding its role as a mission critical provider of data and analytics to the real estate, property and casualty insurance, and broader financial services markets.”