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Keller Williams CEO And President Mark Willis Steps Down After 1 Yr

by Index Investing News
January 23, 2025
in Property
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After a little bit over a yr within the chair, Mark Willis is stepping down as president and chief govt officer of Keller Williams, executives introduced in an inside e mail to staff on Wednesday.

Willis will likely be transitioning into the position of chief management officer, Keller Williams co-founder Gary Keller advised the corporate’s staff and discipline leaders in an e mail obtained by Inman.

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“I’ve nothing however the deepest gratitude and respect for Mark and his many years of management inside our group,” Keller wrote. “Educating and growing leaders has all the time been Mark’s true ardour, and we’re excited to have him take the helm of this new place,” Keller added. “When Mark first re-joined our crew, he and I talked about this position as Mark’s true calling, and I’m energized that that is lastly taking place.”

Stacie Herron, Keller Williams’ present chief authorized and administrative officer, can even function interim chief working officer as the corporate searches for its subsequent CEO, based on Keller.

“As a part of this transition, we’ve got made changes to our process group to make sure a seamless handover of tasks and continued alignment with our strategic objectives,” Keller stated.

Keller outlined the brand new construction as follows:

Direct reviews to Gary Keller, co-founder and govt chairman:

  • Jason Abrams, Head of Business and Studying
  • Cody Gibson, Vice President of KW MAPS Teaching
  • Jay Papasan, Vice President of Strategic Content material

Direct reviews to John Keller, vice chairman:

  • Shawn Cauthen, Vice President of Artistic Media Content material
  • Alex Perica, Senior Director of Occasions
  • Micheal Balistreri, Interim Director of Advertising and marketing

Direct reviews to Stacie Herron, chief working officer, chief authorized officer:

  • Invoice Soteroff, President of KWW
  • Wendi Harrelson, President of KWRI-Owned Areas
  • John Clidy, Vice President of Progress
  • Jane Devine, Chief of Employees

Willis is a Keller Williams veteran, beginning with 11 years as a crew chief in Austin from 1991 to 2002 earlier than being promoted to president after which his first stint as CEO of the corporate. He stayed in that position for a decade earlier than leaving KW in 2015 to deal with thought management and philanthropy by way of Mark Willis Management and the Willis Household Basis.

Willis is leaving 14 months after his controversial return as Keller Williams CEO. In January 2022, a longtime rivalry between KW and eXp Realty got here to boiling level when eXp tried to recruit Willis and KW in flip filed a lawsuit alleging Willis’ possession stake in a franchise and two areas gave him entry to confidential data that eXp would then be aware about.

After a short-lived authorized battle, the businesses agreed to settle the case beneath confidential phrases in Could 2022. Willis returned to Keller Williams as a strategic advisor in July 2023 and returned as CEO in November 2023.

“It has been the respect of my lifetime to serve twice as CEO of this unimaginable group,” Willis stated in a press release.

“Now, I’m excited to tackle a brand new problem as I transition to a brand new position that Gary and I’ve labored collectively for a while to create. As Chief Management Officer, I’ll deal with serving to our leaders develop and obtain their highest potential.

“We now have a lot extra to do collectively, and I sit up for being part of that journey transferring ahead, assured within the firm’s future path and continued progress.”

Learn Keller’s e mail in its entirety under:

KW Household,

Efficient in the present day, Mark Willis is transitioning from serving as CEO and president into the position of Keller Williams’ Chief Management Officer. I’ve nothing however the deepest gratitude and respect for Mark and his many years of management inside our group. Educating and growing leaders has all the time been Mark’s true ardour, and we’re excited to have him take the helm of this new place. When Mark first re-joined our crew, he and I talked about this position as Mark’s true calling, and I’m energized that that is lastly taking place.

——————–

“It has been the respect of my lifetime to serve twice as CEO of this unimaginable group. Now, I’m excited to tackle a brand new problem as I transition to a brand new position that Gary and I’ve labored collectively for a while to create. As Chief Management Officer, I’ll deal with serving to our leaders develop and obtain their highest potential.

We now have a lot extra to do collectively, and I sit up for being part of that journey transferring ahead, assured within the firm’s future path and continued progress.”

– Mark Willis, Chief Management Officer

——————–

As we glance to establish our subsequent CEO, we’ve got requested Stacie Herron, our present Chief Authorized and Administrative Officer, to function interim Chief Working Officer. I’m assured she is going to excel on this expanded position. John Keller, in his position as Vice Chairman, will proceed to supervise the management crew. I sit up for working carefully with Stacie, John, and the remainder of the management crew as we lead the corporate by way of this transition and drive the way forward for our enterprise.  

As a part of this transition, we’ve got made changes to our process group to make sure a seamless handover of tasks and continued alignment with our strategic objectives. The brand new construction follows:

Thanks on your belief as we navigate this thrilling new chapter. Collectively, we are going to construct on our robust basis and guarantee a vibrant future for our market heart homeowners, brokers, and the communities we serve.

Please be part of me in expressing gratitude to Mark for his excellent management and welcoming Stacie into her new position.

Onward…

Gary Keller

Co-Founder and Govt Chairman

Keller Williams Realty

Electronic mail Andrea V. Brambila.

Like me on Fb | Follow me on Twitter





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