REA Group names Tracey Fellows as new CEO
Former president of Microsoft Asia Pacific Tracey Fellows has been named as the new CEO of REA Group this morning, filling the role left vacant when Greg Ellis handed in his notice last December.
Fellows, who spent two years at Microsoft, has been general manager of communications services for Australia Post for the last 18-months as that business looks to transition itself to the digital age.
REA Group chairman Hamish McLennan said in a statement to the Australian Securities Exchange this morning: “We believe that Tracey is the perfect for for the company and we look forward to seeing her apply her leadership experience as we navigate through the next evolution of our business.”News Corp owns a 70 per cent interest in REA Group, which is Australia’s biggest online property finding site.
The role of CEO has been filled on an interim basis by News Corp’s chief operating officer Peter Tonagh, after Ellis left the company to become head of German online marketplace Scout24 Holdings.
Fellows said in the statement: “I’m delighted to have the chance to work with the team at REA Group. The company’s success in the digital arena is unrivalled and I look forward to contributing to the further growth and development of the business both domestically and internationally.”
Prior to her stint overseeing Microsoft regionally she was head of the company in Australia from 2007 to 2010, and was chief operating officer from 2004-2007.
Ah…. this is a good move for Tracey, and she will be a great leader for REA. REA is the largest pure play digital business in AU (outside of google). Congrats to her!
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Will Zillow launch down under? i hope so.
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Another incidence of risk averse, old school, status quo recruitment.
REA’s needs to innovate not regress
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Has anyone been on REA of recent? Just looking at the search results you can see the good old, old skool tactic in motion: “if it moves, sell it and if it doesn’t move; sell it”. Everything is an advert and the UX is utter tripe.
It will be interesting to see how REA Group is stood in 5-10 years time. I predict a far leaner model trouncing it ux v greed.
Sorry for being a troll but I just hate old skool publishing on a so called up to date digital platform. It is lipstick on a pig.
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