Real Announces Leadership Transition: Sharran Srivatsaa to Join Board of Directors
The Real Brokerage (NASDAQ: REAX) announced that Sharran Srivatsaa will transition from his role as President to join the company's Board of Directors, effective June 1, 2025. The transition aims to maintain the company's focus on agent success and industry innovation.
In his new Board position, Srivatsaa will represent agents' interests and ensure the company continues to prioritize agent success. He will work with the team over the coming months to ensure a smooth transition. Chairman and CEO Tamir Poleg praised Srivatsaa's leadership and contributions to the company's culture and growth.
The Real Brokerage (NASDAQ: REAX) ha annunciato che Sharran Srivatsaa passerà dal suo ruolo di Presidente a far parte del Consiglio di Amministrazione dell'azienda, a partire dal 1° giugno 2025. Questa transizione mira a mantenere il focus dell'azienda sul successo degli agenti e sull'innovazione nel settore.
Nel suo nuovo ruolo nel Consiglio, Srivatsaa rappresenterà gli interessi degli agenti e garantirà che l'azienda continui a dare priorità al successo degli agenti. Lavorerà con il team nei prossimi mesi per assicurare una transizione fluida. Il Presidente e CEO Tamir Poleg ha elogiato la leadership di Srivatsaa e il suo contributo alla cultura e alla crescita dell'azienda.
The Real Brokerage (NASDAQ: REAX) anunció que Sharran Srivatsaa pasará de su cargo como Presidente a unirse a la Junta Directiva de la empresa, a partir del 1 de junio de 2025. Esta transición tiene como objetivo mantener el enfoque de la empresa en el éxito de los agentes y la innovación en la industria.
En su nuevo puesto en la Junta, Srivatsaa representará los intereses de los agentes y asegurará que la empresa continúe priorizando el éxito de los agentes. Trabajará con el equipo en los próximos meses para garantizar una transición sin problemas. El presidente y CEO Tamir Poleg elogió el liderazgo de Srivatsaa y sus contribuciones a la cultura y el crecimiento de la empresa.
The Real Brokerage (NASDAQ: REAX)는 Sharran Srivatsaa가 2025년 6월 1일부터 사장직에서 이사회의 일원으로 전환할 것이라고 발표했습니다. 이번 전환은 회사가 에이전트의 성공과 업계 혁신에 집중하도록 유지하는 것을 목표로 합니다.
새로운 이사회 직위에서 Srivatsaa는 에이전트의 이익을 대변하고 회사가 에이전트의 성공을 계속 우선시하도록 보장할 것입니다. 그는 향후 몇 달 동안 원활한 전환을 보장하기 위해 팀과 협력할 것입니다. 회장 겸 CEO인 타미르 폴레그는 Srivatsaa의 리더십과 회사의 문화 및 성장에 대한 기여를 칭찬했습니다.
The Real Brokerage (NASDAQ: REAX) a annoncé que Sharran Srivatsaa passera de son rôle de Président à celui de membre du Conseil d'Administration de l'entreprise, à compter du 1er juin 2025. Cette transition vise à maintenir l'accent de l'entreprise sur le succès des agents et l'innovation dans le secteur.
Dans son nouveau rôle au Conseil, Srivatsaa représentera les intérêts des agents et veillera à ce que l'entreprise continue de donner la priorité au succès des agents. Il travaillera avec l'équipe dans les mois à venir pour assurer une transition en douceur. Le Président et CEO Tamir Poleg a salué le leadership de Srivatsaa et ses contributions à la culture et à la croissance de l'entreprise.
The Real Brokerage (NASDAQ: REAX) gab bekannt, dass Sharran Srivatsaa von seiner Rolle als Präsident in den Vorstand des Unternehmens wechseln wird, und zwar ab dem 1. Juni 2025. Der Wechsel zielt darauf ab, den Fokus des Unternehmens auf den Erfolg der Agenten und Innovationen in der Branche aufrechtzuerhalten.
In seiner neuen Position im Vorstand wird Srivatsaa die Interessen der Agenten vertreten und sicherstellen, dass das Unternehmen den Erfolg der Agenten weiterhin priorisiert. Er wird in den kommenden Monaten mit dem Team zusammenarbeiten, um einen reibungslosen Übergang zu gewährleisten. Der Vorsitzende und CEO Tamir Poleg lobte Srivatsaas Führung und seinen Beitrag zur Unternehmenskultur und zum Wachstum.
- Leadership continuity maintained through Board position
- Structured transition plan in place until June 2025
- Loss of key executive from day-to-day operations
“Sharran’s leadership, vision and deep commitment to Real’s mission have been instrumental in shaping the company’s culture and growth trajectory,” said Tamir Poleg, Chairman and Chief Executive Officer of Real. “We are incredibly grateful for his contributions and excited that he will continue to play a critical role in shaping our strategy as a member of the Board of Directors. His insight and advocacy for agents will remain invaluable as we continue to build the real estate platform of the future.”
As a Board member, Sharran will focus on representing the voice of Real’s agents and ensuring that the company continues to prioritize agent success and industry innovation. Over the coming months, he will work closely with the team to ensure a seamless transition.
“Real has never been in a stronger position to empower agents through its innovative business model, proprietary technology and collaborative, entrepreneurial culture,” said Sharran Srivatsaa. “While stepping away from my day-to-day role as President is bittersweet, I am incredibly confident in the strength of our leadership team and the trajectory of our company. I look forward to continuing to support Real in this next chapter as a Board member, ensuring that we remain focused on delivering unmatched value to our agents, partners and shareholders.”
Real’s leadership team remains committed to maintaining the company’s momentum, prioritizing growth, innovation and the long-term success of its agents.
About Real
Real (NASDAQ: REAX) is a real estate experience company working to make life’s most complex transaction simple. The fast-growing company combines essential real estate, mortgage and closing services with powerful technology to deliver a single seamless end-to-end consumer experience, guided by trusted agents. With a presence throughout the
Forward-Looking Information
This press release contains forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information is often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect”, “likely” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. These statements reflect management’s current beliefs and are based on information currently available to management as of the date hereof. Forward-looking information in this press release includes, without limiting the foregoing, information relating to transitions in Real’s leadership.
Forward-looking information is based on assumptions that may prove to be incorrect, including but not limited to Real’s business objectives, expected growth, results of operations, performance, business projects and opportunities and financial results. Real considers these assumptions to be reasonable in the circumstances. However, forward-looking information is subject to known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to differ materially from those expressed or implied in the forward-looking information. Important factors that could cause such differences include, but are not limited to, slowdowns in real estate markets, economic and industry downturns, Real’s ability to attract new agents and retain current agents, and those risk factors discussed under the heading “Risk Factors'' in the Company’s Annual Information Form dated March 6, 2025, a copy of which is available under the Company’s SEDAR+ profile at www.sedarplus.ca. These factors should be carefully considered and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, Real cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and Real assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250312413185/en/
Investor inquiries, please contact:
Ravi Jani
Vice President, Investor Relations and Financial Planning & Analysis
investors@therealbrokerage.com
908.280.2515
For media inquiries, please contact:
Elisabeth Warrick
Senior Director, Marketing, Communications & Brand
elisabeth@therealbrokerage.com
201.564.4221
Source: The Real Brokerage Inc.
FAQ
When will Sharran Srivatsaa transition from President to Board Member at REAX?
What will be Sharran Srivatsaa's new role on REAX's Board of Directors?
How will REAX manage the leadership transition period?
What has been Sharran Srivatsaa's impact on REAX according to CEO Tamir Poleg?
