Industry News

Classified Ventures names new president of real estate business

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Classified Ventures LLC, a joint venture owned by six leading media companies, today announced the appointment of Tim Fagan to president of Classified Ventures Real Estate. An eight-year veteran with Classified Ventures, Fagan has been serving as senior vice president and general manager of, a division of Classified Ventures. In his new position, Fagan will oversee HomeGain and Homescape and lead Classified Ventures' combined online real estate strategy. Fagan assumes responsibility as president, CV Real Estate from Richard Sommer, who resigned the position effective June 30, 2006. "Promoting Tim Fagan, who has a proven track record of generating strong results and forward momentum, illustrates the commitment we've made to our real estate businesses, HomeGain and Homescape," said Dan Jauernig, Classified Ventures' president and CEO. "Under Tim's leadership, both businesses will continue to improve upon core products and services to better meet the needs of ...