Ryan O’Hara Resigns as CEO of Realtor.com®
June 7, 2019
After four years, Ryan O’Hara will be exiting his position as CEO of Move Inc., the operator of realtor.com®. The real estate giant has launched a search for a new leader to serve as his permanent replacement.
O’Hara first took the helm of Move Inc., owned by News Corp., in January 2015. He announced that he will be leaving to take on a new chief executive role in a different industry.
“Ryan has transformed realtor.com®, overseeing a period of remarkable growth, with revenues more than doubling during his tenure,” Robert Thomson, chief executive of News Corp., said in a statement. “Ryan and the talented team have helped realtor.com® more than triple the number of unique users since our acquisition less than five years ago, reaching an all-time record of more than 73 million in May.”
This past fall, Move acquired Opcity, a real estate technology platform that instantly matches qualified home buyers and sellers with real estate professionals. News Corp., a global media and information services company that owns titles including The Wall Street Journal and Barron’s, acquired Move Inc. in November 2014. The realtor.com® domain name is owned by the National Association of REALTORS®, but the site is operated by Move.
“I am grateful to Rupert Murdoch, Robert Thomson, and News Corp. for affording me the opportunity to lead five different businesses on two continents over two stints with this company,” O’Hara said in a statement. “My time at Move has been especially rewarding both professionally and personally. I am proud of the business results and the many great professionals I worked with who helped achieve them. There is no doubt that realtor.com® is smartly positioned for an even brighter future.”
O’Hara will leave his position at Move Inc. on June 18. Tracey Fellows has been named as acting CEO of Move during the search for a new chief executive. Fellows also will continue to serve as News Corp.’s president of global digital real estate, the fastest growing sector in the company.
Updated: May 22, 2020