eXp World Holdings, the holding company for eXp Realty, announced the beginning of a transition plan for its Chief Financial Officer role. Current CFO Jeff Whiteside will step down from his position effective Dec 1, 2023, and Chief Accounting Officer Kent Cheng will assume the role of Principal Financial Officer in the interim.
“I would like to thank Jeff for his contributions to eXp World Holdings,” said Glenn Sanford, Founder, Chairman and CEO of eXp World Holdings and eXp Realty. “Jeff’s financial expertise has helped evolve the company through periods of growth and change over the last five years. On behalf of the board and our entire team, I thank him for his many contributions and wish him well in his future endeavors. I am pleased that Kent will assume the role of Principal Financial Officer. I have worked closely with him over the last three years and expect this transition to be seamless as we continue to execute our financial objectives and begin a search for our next CFO.”
The company clarified that Whiteside’s departure is not the result of a disagreement regarding the company’s financial statements or disclosures.