Long & Foster Taps New CEO, President Following Resignations | Inman
The announcement follows the resignations of former Lengthy & Foster Corporations President and CEO Jeff Detwiler and former Lengthy & Foster Actual Property President Boomer Foster, which have been made public at first of this week.
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Lengthy & Foster Corporations has appointed Patrick Bain as CEO and president and Jackie Thiel as president of Lengthy & Foster Actual Property, the corporate introduced on Tuesday.
“Patrick and Jackie stand out as decisive and confirmed leaders who’ve earned the respect of Lengthy & Foster’s brokers, clients and staff,” Gino Blefari, CEO of HomeServices of America, stated in an announcement. “I’m assured that with Patrick and Jackie’s recent perspective and in depth expertise mixed with their excellent management expertise, Lengthy & Foster is effectively positioned for continued progress and success.”
Bain joined Lengthy & Foster in 2010 following a virtually eight-year stint as vice chairman and basic supervisor of Howard Hanna’s insurance coverage division. Most lately, he was president of Lengthy & Foster Insurance coverage, HomeServices Property Administration, Perception Dwelling Inspections and Lengthy & Foster’s Rental Service Middle. He brings greater than three a long time of trade expertise to the place and has already led a variety of company initiatives whereas at Lengthy & Foster.
“It’s an honor to steer The Lengthy & Foster Corporations,” Bain stated in an announcement. “We’re ready and able to construct on our group’s robust basis, monetary stability and dedication to making sure the success of our brokers, staff and shoppers, as we transfer ahead collectively. This enterprise is about our workforce of over 8,500 brokers and staff, and it’s a privilege to work day by day with people who find themselves so dedicated to our robust model and tradition.”
Bain takes up the mantle of Jeff Detwiler, who resigned his function as president and CEO a couple of days in the past and had been with the management workforce since 2009. Thiel is getting into the function of Larry “Boomer” Foster, nephew of the corporate’s founder, whose resignation additionally turned public this week after a roughly 10-year tenure as president.
Lengthy & Foster advised Inman that Detwiler left the corporate to pursue different pursuits, whereas Foster will keep on as an agent with the brokerage.
“Whereas we can’t remark additional on particular personnel issues, we will let you know we’re effectively positioned to maneuver ahead to the longer term,” an announcement emailed to Inman from Lengthy & Foster’s press workforce stated. “Patrick and Jackie are excited to work alongside our spectacular management workforce and distinctive actual property brokers and staff, as they drive Lengthy & Foster to its subsequent chapter of success.”
Thiel joined Lengthy & Foster in 1998 and has held a variety of management roles throughout the course of her profession on the brokerage, most lately as government vice chairman. Thiel has centered a good portion of her efforts on the brokerage on “constructing a tradition of mentoring and help in any respect ranges,” a press assertion notes.
“We’ll be listening carefully to our workforce and leveraging their enter to assist outline Lengthy & Foster’s subsequent chapter,” Thiel stated. “Our distinctive actual property brokers and staff are what make our firm the market-leading group it’s been for over 50 years, and strengthening our firm collaboration will allow us to proceed offering the most effective service and help to each our workforce and space shoppers.”
HomeServices of America is the dad or mum firm of Lengthy & Foster Actual Property.
Electronic mail Lillian Dickerson