eXp World Holdings Initiates Chief Financial Officer Transition Plan
09 Novembro 2023 - 11:30AM
eXp World Holdings, Inc. (Nasdaq: EXPI), the holding company for
eXp Realty®, Virbela and SUCCESS® Enterprises, today announced that
Chief Financial Officer Jeff Whiteside is stepping down from his
position and a search process has been initiated to identify his
successor. Whiteside will remain with the Company through Dec. 1,
2023 to support the transition. The Company and its Board of
Directors will work with an external search firm to identify its
next CFO. In the interim, Kent Cheng, eXp World Holdings Chief
Accounting Officer, will assume the role of Principal Financial
Officer until a CFO has been named.
“I would like to thank Jeff for his contributions to eXp World
Holdings,” said Glenn Sanford, Founder, Chairman and CEO of eXp
World Holdings and eXp Realty. “Jeff’s financial expertise has
helped evolve the company through periods of growth and change over
the last five years. On behalf of the Board and our entire team, I
thank him for his many contributions and wish him well in his
future endeavors. I am pleased that Kent will assume the role of
Principal Financial Officer. I have worked closely with him over
the last three years and expect this transition to be seamless as
we continue to execute our financial objectives and begin a search
for our next CFO.”
“It has been a privilege to work alongside such a talented
finance organization, executive team and impressive team of global
agents as we collectively navigated the rapidly evolving market
landscape,” Whiteside said. "I am thankful for the opportunity to
contribute across eXp World Holdings over the past five years. I
look forward to watching their continued success as they build upon
their agent-centric innovation model.”
Randall Miles, member of the Board of Directors and Chairperson
of the Audit Committee, said, “On behalf of the Board of Directors,
I would like to thank Jeff for his contributions as CFO. We
appreciate his expertise in building a strong finance team that
will continue to lead through the transition period. As the leading
innovator in the real estate industry, eXp World Holdings is
well-positioned to continue its successful future-focused
momentum.”
Whiteside’s planned departure is not a result of any
disagreement regarding the company's financial statements or
disclosures.
About eXp World Holdings, Inc.
eXp World Holdings, Inc. (Nasdaq: EXPI) is the holding company
for eXp Realty®, Virbela® and SUCCESS® Enterprises.
eXp Realty is the largest independent real estate company in the
world with more than 89,000 agents in the United States, Canada,
the United Kingdom, Australia, South Africa, India, Mexico,
Portugal, France, Puerto Rico, Brazil, Italy, Hong Kong, Colombia,
Spain, Israel, Panama, Germany, Dominican Republic, Greece, New
Zealand, Chile, Poland and Dubai and continues to scale
internationally. As a publicly traded company, eXp World Holdings
provides real estate professionals the unique opportunity to earn
equity awards for production goals and contributions to overall
company growth. eXp World Holdings and its businesses offer a full
suite of brokerage and real estate tech solutions, including its
innovative residential and commercial brokerage model, professional
services, collaborative tools and personal development. The
cloud-based brokerage is powered by Virbela, an immersive 3D
platform that is deeply social and collaborative, enabling agents
to be more connected and productive. SUCCESS® Enterprises, anchored
by SUCCESS® magazine and its related media properties, was
established in 1897 and is a leading personal and professional
development brand and publication.
For more information, visit
https://expworldholdings.com.
Safe Harbor Statement
The statements contained herein may include statements of future
expectations and other forward-looking statements that are based on
management’s current views and assumptions and involve known and
unknown risks and uncertainties that could cause actual results,
performance or events to differ materially from those expressed or
implied in such statements. Such forward-looking statements speak
only as of the date hereof, and the company undertakes no
obligation to revise or update them. Such statements are not
guarantees of future performance. Important factors that may cause
actual results to differ materially and adversely from those
expressed in forward-looking statements include changes in business
or other market conditions; the difficulty of keeping expense
growth at modest levels while increasing revenues; and other risks
detailed from time to time in the company’s Securities and Exchange
Commission filings, including but not limited to the most recently
filed Quarterly Report on Form 10-Q and Annual Report on Form
10-K.
Media Relations Contact:
eXp World Holdings, Inc.
mediarelations@expworldholdings.com
Investor Relations Contact:
Denise Garcia
investors@expworldholdings.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/55cfbf87-d296-4c5d-985b-b4ea23fc27a4
eXp World (NASDAQ:EXPI)
Gráfico Histórico do Ativo
De Abr 2024 até Mai 2024
eXp World (NASDAQ:EXPI)
Gráfico Histórico do Ativo
De Mai 2023 até Mai 2024