REA Group Ltd (ASX:REA) Announces CEO Retirement
CEO Retirement
REA Group Ltd (ASX:REA) announced that Chief Executive Officer Owen Wilson will retire from full-time executive roles in the second half of 2025 after 10 years with the company, including six years as CEO. The Board has initiated a comprehensive process to select a new CEO, evaluating both internal and external candidates. Wilson will stay with the business to ensure a smooth transition.
Executive Comments
CEO Owen Wilson stated, “It has been a privilege to lead REA Group for the past six years and I am proud of all our team has accomplished. The business is in excellent shape as evidenced by the results we have announced today. We have an exciting strategy and a talented and committed team to deliver it. I want to thank them wholeheartedly for all the tremendous support I have received over the years. REA’s future is undeniably exciting. I would also like to thank the REA Board, Robert Thomson, and Lachlan Murdoch for entrusting me with such a great company and incredible business.”
REA Group Chairman, Hamish McLennan added, “After more than ten glorious years at REA Group, Owen has decided to retire. His stellar leadership leaves the company exceptionally well positioned and REA is one of the best home-grown technology companies which has flourished into being a global leader. Our board and staff sincerely thank Owen for his contribution in building an incredible organisation under his outstanding leadership.”
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