Re/Max Holdings ( (RMAX) ) has shared an announcement.
RE/MAX Holdings announced the retirement of Ward Morrison, President and CEO of Motto Mortgage and wemlo, effective June 15, 2025. Morrison, who played a crucial role in the development and launch of Motto Franchising, will continue in a consultative role until the end of 2025. His departure marks a significant transition for the company, which has begun the search for a successor to ensure a seamless leadership transition. Morrison’s leadership has been pivotal in establishing the innovative Mortgage Brokerage In-A-Box model, and his contributions have significantly impacted the real estate and mortgage industries.
More about Re/Max Holdings
RE/MAX Holdings, Inc. is a leading franchisor in the real estate industry, known for franchising real estate brokerages globally under the RE/MAX brand and mortgage brokerages in the U.S. under the Motto Mortgage brand. Founded in 1973, the company has a significant presence with over 145,000 agents in nearly 9,000 offices across more than 110 countries and territories. RE/MAX is recognized for its innovative, entrepreneurial culture and its pioneering Motto Franchising, LLC, launched in 2016, which is the first national mortgage brokerage franchise brand in the U.S.
YTD Price Performance: -17.29%
Average Trading Volume: 145,812
Technical Sentiment Signal: Strong Buy
Current Market Cap: $270M
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