Oklahoma real estate briefs for May 17, 2014

Oklahoma real estate briefs for May 17, 2014
Oklahoman Published: May 17, 2014
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Adfitech selects new president

— Directors of Adfitech Inc., which provides outsourcing services to lenders, banks and mortgage companies, have selected Dru Jacobs, 45, as the company’s new president. Jacobs began his career with Adfitech in its mail room 22 years ago and had worked his way up to executive vice president, a post he has held for 11 years. The board of directors also elevated him from advisory member to full voting member.

Jacobs replaces Sam Meek as president and board member at Adfitech, which halved its workforce last fall, laying off 320 of some 620 employees. Meek, 60, retired. Meek had been with the company for 22 years and was president for the past nine years.

“Words cannot adequately express the appreciation the entire organization has for Sam’s efforts as our president,” said Jay H. Lustig, 59, chairman of the board and CEO. “Adfitech is truly fortunate to have someone of Dru’s industry expertise and skill set ready to seamlessly step in and guide the company through what has become a rapidly changing regulatory environment.”