Industry News

Allan Dalton pursues new company venture

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

Move Inc. (NASDAQ: MOVE), which operates popular home-search Web sites including, on Thursday announced that the company is pursuing a potentially "transformational" new venture within the company, to launch in the third quarter of this year, led by the company's real estate division president Allan Dalton. Mike Long, Move Inc. CEO, offered scarce details about the venture in an earnings announcement Thursday. He said that Dalton has left his day-to-day oversight of to focus on "building an entirely new business venture. It could be transformational for both consumers and real estate professionals." Errol Samuelson, president of Top Producer Systems, a Move Inc. company, has been promoted as executive vice president of the real estate division. He will continue to oversee Top Producer operations and will also oversee operations, Long announced. Dalton was promoted in October to serve as president of Move's real estate division after serving as pr...