New CEO for REA Group

New CEO for REA Group

by 5 comments’s parent company, REA Group, has announced the name of its new CEO.

REA Group has revealed the Tracey Fellows will replace interim CEO Peter Tonagh, after former CEO Greg Ellis left in December last year.

Ms Fellows has previously worked as executive general manager of communication management at Australia Post, and previously as vice-president of Microsoft in the Asia-Pacific region.

Group chairman Mr Hamish McLennan said that the extensive international search for a new CEO had yielded a world-class leader.

“We believe that Tracey is the perfect fit for the company and we look forward to seeing her apply her leadership experience as we navigate through the next evolution of our business,” said Mr McLennan.

Ms Tracey said that the prospect of leading one of Australia’s most successful digital businesses was a unique opportunity.

“I’m delighted to have the chance to work with the team at REA Group. The Company’s success in the digital arena is unrivalled and I look forward to contributing to the further growth and development of the business both domestically and internationally," said Ms Fellows.

The appointment comes not long after REA Group was hit with a barrage of criticism from industry professionals over a new subscription pricing regime.


promoted content
Recommended by Spike Native Network
Listen to other installment of the Real Estate Business Podcast
reb top 100 agents 2017

With a combined sales volume of over $14 billion in 2017, the Top 100 Agents ranking represents the very best sales agents in Australia. Find out what sets them apart and learn their secrets to success.

featured podcast

featured podcast
Marnie Seinor on structure, database DNA and connecting with her local community

There’s no such thing as an “off switch” in real estate – so says McGrath agent Marnie Seinor, who came in at number 78 in this year...

View all podcasts

Does the benefit of being part of a branded group outweigh the cost?

Depends on the group
Do you have an industry update?