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REA Group CEO Ellis resigns

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By a staff reporter

Real estate classified service REA Group Ltd's chief executive officer Greg Ellis has resigned to pursue an opportunity outside the company.

In a statement to the Australian Securities Exchange, REA said Mr Ellis will take up an overseas appointment at a non-competitive organisation.

He will remain in his role as CEO of the group that owns realestate.com.au and realcommercial.com.au until a successor is appointed and REA says it will now start a search for a replacement.

REA chairman Hamish McLennan said Mr Ellis had led the development of a clear purpose and strategic vision for the group and the business was on track to deliver against this strategy in fiscal 2014.

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Real estate classified company boss to stay in role until successor appointed.
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