– USA, WA – Redfin (NASDAQ: RDFN), the technology-powered real estate brokerage, today announced the appointment of Brad Singer to its board of directors, bringing decades of business, finance and investment experience as a former partner and COO of ValueAct Capital.
The company also announced that long-time board member Bob Mylod will step away to focus on other professional commitments, having served on the board for eight years.
“I am thrilled to welcome Brad Singer to the Redfin board. Brad is a highly respected leader who brings decades of impressive strategic and financial expertise and will add great value as we continue along our path to transform the consumer experience in real estate and realize our long term growth potential. Bob Mylod has been an outstanding board leader and director over the course of the past eight years. I am grateful for his wise counsel and for his unwavering commitment to advancing Redfin’s mission,” said Board Chair, David Lissy.
About Brad Singer
Prior to ValueAct Capital, Brad Singer was the senior EVP and CFO at Discovery Communications and CFO and treasurer at American Tower. Before that, he was an investment banker at Goldman, Sachs & Co.
“I am excited by Redfin’s ambition to transform the consumer experience of renting, buying, and selling a home and its tremendous long-term growth potential. Redfin has thoughtfully constructed, with great discipline, a broad and deep portfolio of services and the operational and technological capabilities to expand its business and create substantial value for its customers. It is a privilege to join the board,” said Brad Singer.
Mr. Singer serves as Chair of the National Board for the Posse Foundation. He is also currently on the board of directors of Sweetgreen, where he chairs the audit committee. He is a former director of Citizens Communications Corp., Martha Stewart Living Omnimedia, Inc., Motorola Solutions, Inc. and Rolls-Royce Holdings plc. Mr. Singer has a bachelor’s degree from the University of Virginia and an MBA from Harvard Business School.
About Redfin
Redfin is a technology-powered real estate company. We help people find a place to live with brokerage, instant home-buying, rentals, lending, title insurance, and renovations services. We sell homes for more money and charge half the fee. We also run the country’s #1 real-estate brokerage site. Our home-buying customers see homes first with on-demand tours, and our lending and title services help them close quickly. Customers selling a home can take an instant cash offer from Redfin or have our renovations crew fix up their home to sell for top dollar. Our rentals business empowers millions nationwide to find apartments and houses for rent. Since launching in 2006, we’ve saved customers more than $1 billion in commissions. We serve more than 100 markets across the U.S. and Canada and employ over 6,000 people.
For more information: https://www.redfin.com/
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