Earlier
today, eXp World Holdings, Inc. (OTCQB: EXPI) announced the addition of Rick
Miller and Randall Miles to its Board of Directors. Glenn Sanford, chief
executive officer of EXPI, described the move as a “significant point for the
Company and for its shareholders.” In addition to bringing years of experience
at the highest levels of leadership and deep and diverse expertise spanning a
variety of industries, Miller and Miles offer “greater independence to [the
Board’s] composition as the Company progresses, both within the public
financial markets and as a rapidly-growing organization,” according to Sanford.
Rick
Miller brings more than 25 years of senior leadership experience to the EXPI
Board, including time with both Fortune 500 companies and young startups. After
beginning his career at Sperry/Unisys, he was recruited by AT&T (NYSE: T),
where he served as president of its $13 billion Global Services division.
Miller later served as president, COO and a Board member at internet startup
OPUS360, where he was tasked with overseeing the firm’s IPO. In later years,
Miller was recruited by Lucent Technologies to lead its $21 billion worldwide
sales efforts. He was also named president, Lucent Government Solutions.
Currently, Miller serves as CEO at Being Chief, LLC, where he offers advisory
services to a broad range of executives across a diverse collection of
industries.
Randall
Miles also brings over 25 years of experience in senior leadership positions to
the EXPI board, with positions spanning global financial services, financial
technology and investment banking. Miles has an extensive investment banking
background at bulge bracket, regional and boutique firms, where he has served
as an advisor, guiding companies’ strategic and financial needs across many
disciplines. This experience is complemented by his work in leadership
positions with both public and private equity backed financial technology,
specialty finance and software companies. Notably, Miles served as chairman and
CEO of LION MTS, CEO of Syngence Corporation, COO of AtlasBanc Holdings Corp.,
and CEO of Advantage Funding/NAFCO Holdings. Currently, he is a managing
partner at SCM Capital Group, a global strategic and financial advisory firm,
and Senior Managing Director at Tigress Financial Partners, a full-service
institutional broker dealer.
“Rick
and Randall are tremendous additions to our Board,” Sanford stated in this
morning’s news release.
Through
rapidly-growing subsidiary eXp Realty, EXPI is currently operational in 43
states, as well as Alberta, Canada, and the District of Columbia. The
Agent-Owned Cloud Brokerage™ offers 24/7 access to collaborative tools,
training and socialization features through an innovative cloud-based office
environment that effectively eliminates the high costs associated with
maintaining a traditional brick and mortar office. eXp Realty’s network of real
estate professionals currently includes more than 1,400 members, an increase of
more than 60 percent from the beginning of this year.
For
more information, visit the company’s website at http://investors.exprealty.com
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Sign up for “The Mission Report” at www.MissionIR.com
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