Shake-up at The Company: Former Compass exec named president

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Wet Hake Austin is about to hitch The Company as president. Co-founder and present president Billy Rose will transfer to a vice-chairman position on the corporate’s board of administrators.

Rainy Hake Austin is about to hitch The Agency as the posh actual property brokerage’s new president, in a shake-up that may see its present president and co-founder Billy Rose transfer to a vice-chairman position on the corporate’s board of administrators.

Mauricio Umansky | Picture credit score: The Company

Austin was beforehand the pinnacle of operations for Compass‘ West Coast outfit and previous to that served as vp and chief operations officer of Alain Pinel Realtors (APR), which Compass acquired in March 2019.

Mauricio Umansky, CEO of The Company, mentioned in an announcement that each he and Rose have lengthy admired what Austin completed at APR, “when it comes to tradition and enterprise ethics.”

“We consider that [Austin] stands for the essential ideas we maintain so dearly at The Company, and we all know she will probably be an integral addition to the prevailing crew,” Umansky mentioned, in an announcement. “We’re wanting ahead to the chance to proceed to construct and increase our luxurious boutique actual property brokerage and keep true to our tradition and ethics with Wet as our new president.”

For Austin, that admiration is mutual, she mentioned, in an announcement. She mentioned becoming a member of The Company now feels just like becoming a member of APR in its early days, with all leaders sharing an analogous imaginative and prescient. The appointment comes as the corporate celebrates its ninth anniversary.

“With the current consolidation of the brokerage trade, I consider the agency is uniquely positioned to capitalize on its well-deserved repute and increase its presence filling a void that exists in lots of luxurious markets,” Austin mentioned.

Rose was a founding member of The Company, alongside Umansky, and has served as its president for the previous 9 years. He was additionally the corporate’s dealer of document for a time and can now be elevated to the position of vice chairman.

Austin will report back to each Umansky and Rose.

“[Austin’s] an adept decision-maker and an completed chief,” Rose mentioned, in an announcement. “However, maybe most significantly, like [Umansky] and I, she believes in our mission to remodel the brokerage trade by offering our brokers with one of the best know-how, assets, instruments, and assist, coupled with the broadest community and attain, to offer our shoppers a best-in-class expertise.”

Email Patrick Kearns

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