Press release
Zillow Group Promotes Jeremy Wacksman to CEO
Rich Barton remains on the Zillow Group Board of Directors and becomes co-executive chair alongside Zillow co-founder and current executive chair Lloyd Frink
About this update from Zillow Group, Inc.
[{"type":"text","content":"Rich Barton remains on the Zillow Group Board of Directors and becomes co-executive chair alongside Zillow co-founder and current executive chair Lloyd Frink\nSEATTLE, Aug. 7, 2024 /PRNewswire/ -- Zillow Group, Inc. (Nasdaq: Z and ZG), which is transforming the way people buy, sell, rent and finance homes, today announced longtime executive and Chief Operating Officer Jeremy Wacksman has been promoted to chief executive officer and appointed to the Company's Board of Directors. Wacksman succeeds co-founder Rich Barton, who remains on the Zillow Group Board of Directors and becomes co-executive chair alongside Zillow co-founder and current Executive Chair Lloyd Frink.\n\n \n \n \n \n \n \n\n \nWacksman joined Zillow from Microsoft in 2009 and has earned multiple promotions throughout his 15 years at Zillow, including as a product leader, chief marketing officer (CMO) and, for the past three years, as chief operating officer (COO), with responsibility for growing Zillow Group businesses and also overseeing engineering, product, design, marketing, sales and industry relations.\n\"Zillow's business is firing on all cylinders and performing well through a challenging real estate macro. We've built and integrated products, completed strategic acquisitions, enhanced our agent partner network, and leaned in hard on our Mortgages and Rentals businesses,\" Barton said. \"This is due in no small part to the leadership of Jeremy Wacksman, with the past three years being a time of particularly impressive innovation for the company. Lloyd and I could not be more confident in Jeremy as CEO, in the caliber of the broader team and in Zillow's bright future.\"\nDuring his leadership tenure at Zillow, Wacksman has been a driver of innovation in real estate. As a Zillow product leader, Wacksman helped pioneer mobile real estate shopping and, today, Zillow Group apps have three times more daily active users than any other company in the category. As CMO, Wacksman shepherded the pivotal product and consumer marketing strategy that helped Zillow grow into the household brand it is today, with 231 million average monthly unique users and the word \"Zillow\" searched more than the term \"real estate.\" When Barton tapped him as COO, Wacksman operationalized Zillow's housing super app strategy while maintaining strong cost discipline, diversifying revenu...