Costar officially confirms Pellegrino as Domain boss, names CMO
Costar Group has officially confirmed that former CEO Jason Pellegrino will become the president of Domain at the end of August, once the $3 billion takeover is finalised. The company has also appointed Aisling Finch as Domain’s vice president of marketing and the chief marketing officer.
The announcement was made today in an internal email, seen by Mumbrella.
Pellegrino signalled his intention to appoint Finch in the role, where she will lead Domain’s integrated marketing strategy, brand, and consumer experience across the various portals: domain.com.au, commercialrealestate.com.au, and allhomes.com.au.
Finch was most recently Google ANZ’s senior director of marketing, spending 13 years at the company across Europe and the Asia Pacific. She also served as a board director at the Australian Association of National Advertisers for over five years.
“Aisling is an exceptional marketing leader with the rare ability to drive both brand transformation and commercial impact,” Pellegrino said in the email.
“Her global perspective, digital expertise and deep understanding of Australian consumers make her uniquely positioned to lead Domain into its next era—one defined by ambition, innovation and market leadership.”
Aisling Finch
Domain indicated its intention to offer Pellegrino the position of president in a scheme booklet issued early last month that outlined Costar’s plans upon the completion of the sale. Pellegrino was CEO of Domain from 2018 until he stood down from the role last October.
Domain’s current interim CEO is Greg Ellis, who was appointed in February to replace Pellegrino. Ellis was formerly chief executive officer at Domain’s number one competitor, REA Group, and has been a board member at Domain since 2017.
This week, 99.98% of Domain’s shareholders voted in favour of the Costar takeover, with the purchase being approved by Australian courts on Wednesday morning.
Last week, the Foreign Investment Review Board (FIRB) greenlit the takeover, stating the Commonwealth Government “has no objections to the proposed scheme”.
The sale is expected to be finalised by the end of the month, after which the company will be wholly owned by the US group, which is listed on the New York Stock Exchange. Domain shares will be suspended from the end of trading today, and delisted from the ASX once the sale is completed.
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Nathan Jolly is the Features Editor at Mumbrella. He joined the team in July, 2023.
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