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)
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SOURCE Zillow Group, Inc.
