After serving as Equifax's interim chief executive, Paulino do Rego Barros Jr. is taking the helm of United States Information Solutions (USIS) as the unit's president. USIS, with estimated revenue of $1.3 billion, is one of Equifax’s biggest units, the company said in an announcement.
"Paulino is a strong, experienced leader with deep knowledge of our company and the industry as well as a track record of successful leadership at Equifax, including being a former President of the USIS business," Equifax Chief Executive Officer Mark Begor said in the announcement. "USIS is critical to our company's growth, and I have total confidence in Paulino's ability to drive the business forward.”
Prior to serving as interim CE, Barros led Equifax's Asia-Pacific business, and before that he led the company's international business unit and its USIS business. Barros joined Equifax in 2010 after holding executive positions at AT&T and BellSouth Corporation. He also held managerial and executive roles at Monsanto Company, Motorola, Inc. and The NutraSweet Company.
The news comes following the firm's announcement in March that its board of directors had concluded its CEO search process and had named Begor as its new chief executive officer, to start in April. In a press release, Equifax said Begor came to Equifax from Warburg Pincus, where he was a managing director and focused on operational improvement across the portfolio of companies that fall in Warburg Pincus’ Industrial and Business Services unit. Begor had been with Warburg Pincus since 2016, following a 35-year career with General Electric.
During Begor’s 35 years at General Electric, Equifax said, he was in charge of multibillion-dollar business units as president and CEO of GE Energy Management from 2014 to 2016, president and CEO of GE Capital Real Estate from 2011 to 2014 and president and CEO of GE Capital Retail Finance (Synchrony Financial) from 2002 to 2011.