Inman

NAR selects new chief executive

Longtime National Association of Realtors staffer Dale Stinton will be the new CEO of the powerful real estate trade group, Inman News has learned.

Stinton, who has served as chief financial officer and chief information officer for NAR, has worked for the association for more than 23 years. His areas of responsibility have been Information Technology Systems, Information Central, Finance and Tax Management, NRDS, E-Commerce, and Building/Facilities Management.

Stinton will become NAR’s chief executive officer and executive vice president on Nov. 1, according to an internal association memo.

NAR’s search committee worked from a list of possible candidates and came up with the final selection, which was approved by the association’s leadership team.

“I believe Dale’s selection is an outstanding endorsement from the membership of our culture and performance and as such is a complement to us all,” NAR’s outgoing CEO Terrence McDermott wrote in the office memo.

Stinton has served on the board of directors of RE FormsNet, the association’s electronic forms business, as well as Sentrilock, the association’s Lockbox business. He also is co-chairman of the Real Estate Transaction Standards Cross Industry Standards Group.

Stinton is a certified association executive, certified public accountant and a certified management accountant. He earned his MBA from DePaul University and a Bachelor of Science degree from Western Illinois University.

Prior to working for the association, Stinton worked for seven years in a variety of accounting, financial, and management capacities at Memorex Corp. and U.S. Steel Corp.

NAR officials could not be reached for comment.

The NAR search committee was led by Mike Brodie, a Realtor in Plano, Texas, who is also the trade group’s treasurer. Other search-committee members include: Bruce Aydt, Prudential Alliance, Realtors, Chesterfield, Mo.; Virginia Cook, CEO of Virginia Cook, Realtors, Dallas; Bill Malkasian, executive officer of the Wisconsin Realtors Association, Madison, Wis.; Charles “Chip” Roach Jr., of Prudential Fox & Roach, Realtors, Devon, Pa.; Cynthia Shelton, vice president of acquisitions, Commercial Net Lease Realty Inc., Orlando, Fla.; Martin Edwards Jr., of Memphis, Tenn., past president of the national association; Thomas M. Stevens, Vienna, Va., of NRT Inc. and NAR president-elect; and Gary Thomas, president of RE/MAX Real Estate Services, Aliso Viejo, Calif.

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