Zillow Group is making a big leadership shuffle: longtime veteran Amy Bohutinsky has resigned from her role as the company’s chief operating officer (COO) and will join the board of directors, the Seattle-based company announced today.
An integral part of the Zillow team since 2005, Bohutinsky will join the board immediately but won’t vacate the COO role until January 3, 2019, according to a public filing.
Over the years, she led the company through going public in 2011, acquiring companies including Trulia and, recently, Mortgage Lenders of America. She has become, over the years, a well-known figure in the industry and currently sits on the boards of other influential companies including The Gap and Hotel Tonight.
“Amy has tirelessly helped lead Zillow Group through every major milestone – from launch to becoming a public company, and through our many acquisitions and the growth of our brands,” said Zillow Group Executive Chairman Rich Barton in a prepared statement.
“She is incredibly talented with a long track record of helping steer the company toward growth and success. I’m very excited to have her contribute to the Board of Directors for years to come.”
Bohutinsky is now one of two women on Zillow Group’s nine-member board of directors. The other is April Underwood, chief product officer of Slack Technologies Inc., who was appointed in 2017. Nearly every other member has been on the board for 13 or 14 years, except for Zillow Group CEO Spencer Rascoff who has been on the board for seven years.
Zillow Group has also hired Starbucks’ Aimee Johnson as its new chief marketing officer. A marketing whiz, Johnson has spent the last 14 years overseeing this department at Starbucks, most recently as its SVP, customer relationship management. During her time as SVP, she led Starbucks’ customer loyalty program.
“Aimee Johnson’s deep and varied years of leadership at Starbucks and strong consumer packaged goods marketing foundation will be an immense asset to Zillow Group as we scale and diversify our business into new areas like Zillow Offers and lending,” Rascoff said in a statement.
Amy, I’ll miss working next to you day-to-day but I’m thrilled we’ll continue to benefit from your leadership on our Board. Also, people take note: be nice to your direct reports — you never know when they may become your boss! pic.twitter.com/zULQKmgomX
— Spencer Rascoff (@spencerrascoff) October 17, 2018
Finally, Zillow Group interim Chief Financial Officer Jennifer Rock will become the company’s permanent chief accounting officer. Rock, who was named interim CFO in May, is also a devoted Zillow veteran — she headed Zillow Group’s financial reporting department for the last seven years.
“I’m thrilled about the appointments of these three accomplished leaders to our Board of Directors and our senior leadership team,” Rascoff said. “I’ve worked with Amy for 18 years, both here at Zillow Group and before that. It’s not possible to calculate her immense contributions to this company and our people.”
In the meantime, the real estate tech giant is trying to find a new CFO.
Additional reporting by Inman Deputy Editor Andrea V. Brambila.