STOCK TITAN

Zillow Group Promotes Jun Choo to chief operating officer

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags

Zillow Group has promoted Jun Choo to chief operating officer (COO). Choo, who joined Zillow in 2015 through the Trulia acquisition, will oversee the company's for-sale business strategy, operations, Enhanced Markets, Mortgages, and real estate industry product lines. With over two decades of leadership experience, Choo has been instrumental in creating the Connections platform, developing Premier Agent market-based pricing, and launching Zillow Showcase. Additionally, President Susan Daimler and SVP of Product Matt Daimler have announced their departure from the company after 12 years of service.

Zillow Group ha promosso Jun Choo a direttore operativo (COO). Choo, che è entrato in Zillow nel 2015 attraverso l'acquisizione di Trulia, supervisionerà la strategia commerciale delle vendite dell'azienda, le operazioni, i Mercati Avanzati, i Mutui e le linee di prodotto nel settore immobiliare. Con oltre vent'anni di esperienza nella leadership, Choo è stato fondamentale nella creazione della piattaforma Connections, nello sviluppo della strategia di pricing basata sul mercato per Premier Agent e nel lancio di Zillow Showcase. Inoltre, la Presidente Susan Daimler e il SVP del prodotto Matt Daimler hanno annunciato la loro partenza dall'azienda dopo 12 anni di servizio.

Zillow Group ha promovido a Jun Choo como director de operaciones (COO). Choo, quien se unió a Zillow en 2015 a través de la adquisición de Trulia, supervisará la estrategia comercial de la compañía para la venta, operaciones, Mercados Mejorados, Hipotecas y líneas de productos de la industria inmobiliaria. Con más de dos décadas de experiencia en liderazgo, Choo ha sido fundamental en la creación de la plataforma Connections, el desarrollo de precios basados en el mercado para Premier Agent y el lanzamiento de Zillow Showcase. Además, la Presidenta Susan Daimler y el SVP de Producto Matt Daimler han anunciado su salida de la compañía después de 12 años de servicio.

질로 그룹은 Jun Choo를 최고 운영 책임자 (COO)로 승진시켰습니다. Choo는 2015년에 Trulia 인수를 통해 질로에 합류했으며, 회사의 판매 비즈니스 전략, 운영, 향상된 시장, 주택 담보 대출 및 부동산 산업 제품 라인을 감독하게 됩니다. 20년 이상의 리더십 경험을 가진 Choo는 Connections 플랫폼 생성, Premier Agent 시장 기반 가격 개발 및 Zillow Showcase 출시에서 중요한 역할을 하였습니다. 또한, 사장 Susan Daimler와 제품 수석 부사장 Matt Daimler는 12년의 근무 기간을 마치고 회사에서 떠날 것임을 발표했습니다.

Zillow Group a promu Jun Choo au poste de directeur des opérations (COO). Choo, qui a rejoint Zillow en 2015 grâce à l'acquisition de Trulia, supervisera la stratégie commerciale de l'entreprise pour les ventes, les opérations, les Marchés Améliorés, les Prêts hypothécaires et les lignes de produits de l'industrie immobilière. Fort de plus de deux décennies d'expérience en direction, Choo a joué un rôle clé dans la création de la plateforme Connections, le développement de la tarification basée sur le marché pour Premier Agent et le lancement de Zillow Showcase. De plus, la présidente Susan Daimler et le SVP des produits Matt Daimler ont annoncé leur départ de l'entreprise après 12 ans de service.

Zillow Group hat Jun Choo zum Chief Operating Officer (COO) befördert. Choo, der 2015 durch die Übernahme von Trulia zu Zillow kam, wird die Geschäftsstrategie für den Verkauf, die Abläufe, Enhanced Markets, Hypotheken und die Produktlinien der Immobilienbranche überwachen. Mit über zwei Jahrzehnten an Führungserfahrung war Choo entscheidend an der Schaffung der Connections-Plattform, der Entwicklung marktbasierter Preisstrategien für Premier Agent und dem Start von Zillow Showcase beteiligt. Darüber hinaus haben Präsidentin Susan Daimler und SVP für Produkt Matt Daimler ihren Ausstieg aus dem Unternehmen nach 12 Jahren Dienst bekannt gegeben.

Positive
  • Promotion of experienced executive with 20+ years of industry leadership
  • Strategic consolidation of key business operations under single leadership
  • Strong market presence with over two-thirds of U.S. homebuyers using platform
Negative
  • Departure of two key executives (President and SVP of Product) after 12-year tenure

SEATTLE, Nov. 14, 2024 /PRNewswire/ -- Zillow Group, Inc. (Nasdaq: Z and ZG), which is transforming the way people buy, sell, rent and finance homes, announced today that tenured Zillow executive Jun Choo has been promoted to chief operating officer (COO). 

In this role, Choo will now oversee Zillow's for sale business strategy and operations including Enhanced Markets and Mortgages in addition to the company's real estate industry product lines, sales and operations. 

Choo joined Zillow Group in 2015 through the company's acquisition of Trulia and has more than two decades of leadership and go-to-market experience in the real estate tech space. He has held leadership and strategy roles throughout sales, marketing and software over the last decade at Zillow. Most recently, he was Senior Vice President of Real Estate Software which encompasses Zillow Premier Agent sales, ShowingTime, dotloop, Zillow Showcase, Aryeo and other key B2B offerings for agents, brokers and multiple listing services. 

"Jun has long been an instrumental leader in our company, consistently creating and scaling innovative solutions across our business," said Zillow Group CEO Jeremy Wacksman. "He has been a key driver of our numerous technology investments to digitize the industry. Under his leadership, we will expand the integrated transaction experience to more customers – agents, movers, and industry professionals – and offer them a better way to transact in real estate." 

Throughout Choo's tenure at Zillow Group, he has propelled the company's mission forward – creating the integral Connections platform, inventing Premier Agent market-based pricing, and spearheading the ideation, development, and nationwide launch of the unparalleled Zillow Showcase product. Choo's numerous accomplishments at Zillow are all anchored in identifying core customer needs, building excellent products to meet those needs, and rallying teams around bringing them to market effectively. 

"I'm honored to step into this role and continue supporting our company's growth. With more than two-thirds of U.S. homebuyers on Zillow, we are seizing our incredible opportunity to deliver a more tech-enabled and integrated experience to get more people home," says Choo. "Our industry software offerings are unmatched and we will continue to invest in new solutions that help modernize the real estate experience through Zillow's housing super app."

In addition to Choo's appointment, Susan Daimler and Matt Daimler, president of Zillow and senior vice president of product, respectively, have decided to leave Zillow. 

"We're grateful for both Susan and Matt's many contributions and leadership over the last 12 years," said Wacksman. "They've each had a tremendous impact on Zillow's growth and success and we wish them all the best."  

About Zillow Group:
Zillow Group, Inc. (Nasdaq: Z and ZG) is reimagining real estate to make home a reality for more and more people. As the most visited real estate website in the United States, Zillow and its affiliates help people find and get the home they want by connecting them with digital solutions, dedicated partners and agents, and easier buying, selling, financing, and renting experiences. 

Zillow Group's affiliates, subsidiaries and brands include Zillow®, Zillow Premier Agent®, Zillow Home Loans℠, Zillow Rentals®, Trulia®, Out East®, StreetEasy®, HotPads®, ShowingTime+℠, Spruce®, and Follow Up Boss®. 

All marks herein are owned by MFTB Holdco, Inc., a Zillow affiliate. Zillow Home Loans, LLC is an Equal Housing Lender, NMLS #10287 (www.nmlsconsumeraccess.org). © 2024 MFTB Holdco, Inc., a Zillow affiliate.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that involve risks and uncertainties, including, without limitation, statements regarding Zillow Group's business growth, performance, and impact on residential real estate. Statements containing words such as "may," "believe," "anticipate," "expect," "intend," "plan," "project," "predict," "will," "projections," "continue," "estimate," "outlook," "guidance," "would," "could," "strive," or similar expressions constitute forward-looking statements. Forward-looking statements are made based on information currently available to management, and although we believe the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee these results. Differences in Zillow Group's actual results from those described in these forward-looking statements may result from actions taken by Zillow Group as well as from risks and uncertainties beyond Zillow Group's control. For more information about potential factors that could affect Zillow Group's business and financial results, please review the "Risk Factors" described in Zillow Group's publicly available filings with the U.S. Securities and Exchange Commission. Except as may be required by law, Zillow Group does not intend and undertakes no duty to update this information to reflect future events or circumstances.

(ZFIN)

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/zillow-group-promotes-jun-choo-to-chief-operating-officer-302306249.html

SOURCE Zillow Group, Inc.

FAQ

Who is the new COO of Zillow Group (Z)?

Jun Choo has been promoted to Chief Operating Officer (COO) of Zillow Group.

What will Jun Choo oversee as Zillow's (Z) new COO?

As COO, Jun Choo will oversee Zillow's for-sale business strategy, operations, Enhanced Markets, Mortgages, and real estate industry product lines, sales and operations.

Which executives are leaving Zillow Group (Z)?

Susan Daimler (President) and Matt Daimler (Senior Vice President of Product) are leaving Zillow Group after 12 years with the company.

Zillow Group, Inc. Class C Capital Stock

NASDAQ:Z

Z Rankings

Z Latest News

Z Stock Data

17.52B
173.02M
5.58%
99.51%
6.26%
Internet Content & Information
Services-business Services, Nec
Link
United States of America
SEATTLE