BrokerageNews Brief

Budge Huskey out, Charlie Young in at Coldwell Banker

Coldwell Banker Real Estate announces leadership succession

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Charlie Young

Charlie Young

Coldwell Banker Real Estate LLC, today announced the appointment of Charlie Young as the brand’s president and CEO, which will take effect on September 1, 2016.

Young was previously the CEO of ERA since 2009. Prior to that, Young spent five years in senior executive leadership roles with Coldwell Banker Real Estate, most recently as its chief operating officer.

“Charlie Young has demonstrated exceptional leadership skills, solid strategic thinking and a passion for innovation during his 12 years with Realogy,” said Alex Perriello, president and CEO of the Realogy Franchise Group, the parent company of both Coldwell Banker and ERA. “He is well prepared to return to his roots and lead Coldwell Banker into the future.”

“It will be a privilege and an honor for me to lead the Coldwell Banker Real Estate franchise system,” said Young. “I have a wealth of respect for the brand’s 100-plus year heritage and the tradition of innovation that has been the hallmark of Coldwell Banker for many years.”

Young succeeds Budge Huskey, whom the company said elected to retire from the position after spending the past 18 years with the Coldwell Banker system in both franchising and brokerage executive roles.

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Susan Yannaccone is stepping into Young’s shoes at ERA; she currently serves as ERA’s chief operating officer.

 

“Sue Yannaccone is a dynamic real estate leader who has distinguished herself since joining ERA Real Estate,” said Alex Perriello, president and CEO of the Realogy Franchise Group, the parent company of ERA, in a statement. “Her strategic thinking capabilities, strong business acumen and outstanding relationship skills will be tremendous assets in this role. The time has come for Sue to take the next step forward in her career, and I couldn’t be more pleased and supportive. The leadership succession plan we have executed also speaks to the management talent we have assembled within the Realogy Franchise Group.”

 

Editor’s note: This story has been updated to note Susan Yannaccone’s promotion and add commentary regarding her promotion.