When Re/Max COO/CFO Dave Metzger leaves the company at the end of March, two rising stars will replace him. Metzger has headed finance and operations at Re/Max for eight years, but his desire to relocate and spend more time with his family means he won’t quite make it to his ninth.
Karri Callahan, the current company vice president and corporate controller, will be the new CFO, and Adam Contos, the senior vice president of marketing, will be the new COO.
“To ensure an orderly transition, Metzger and Callahan will act as co-CFOs through March 31, 2016,” said Re/Max in a statement released today. “Callahan and Contos will assume their respective roles effective January 15, 2016.”
In the same statement, Dave Liniger, CEO and co-founder, said, “We owe an immense amount of gratitude to Dave, and I commend him for putting his family first. As a result of his leadership, the Company is operationally and financially sound and in a very strong position today. During his tenure, he also helped steer us through the great recession and played an integral role in our successful IPO. The Re/Max family will miss not only his professional contributions, but also his wit, his enthusiasm and his strong sense of team spirit.”
Liniger added, “We have a deep talent bench and are fortunate to have proven leaders of Karri’s and Adam’s caliber to step into the CFO and COO roles. We have solid forward momentum and know they, along with the whole Re/Max team, will continue to successfully execute our strategic initiatives.”
Metzger gave the following statement: “After much reflection, I have decided that due to a loss in my immediate family, I am going to move back to the Washington D.C. area to be closer to my extended family for additional support. I’m very proud of what we have achieved over the last eight years. Along with our franchisees and agents, we continue to grow one of the largest real estate franchise networks in the world. It saddens me to leave such a strong team and strong network of agents and brokers, but I’m confident that Karri, Adam and the Re/Max team will continue to grow our network, our business and our brand into the future.”