RE/MAX Holdings, parent company of its namesake real estate franchise, today announced the promotion of three executives to new leadership positions in the wake of re-structuring how its U.S. franchise organization.
Josh Bolgren. (Credit: RE/MAX)
Josh Bolgren, a key player in the re-structuring will nowserve as senior vice president of business growth; Brett Ritchie has been promoted to senior vice president and chief accounting officer; and Roy Schwalm has been promoted to senior vice president of finance and strategy.
Brett Ritchie. (Credit: RE/MAX)
“These three key additions to the senior leadership group reinforce our ability to be a business that builds businesses,” Adam Contos, CEO of RE/MAX said in a statement. “[Bolgren, Ritchie and Schwalm] have each had a unique and lasting impact on our operations.”
Bolgren previously served as the RE/MAX region executive vice president where he was tasked with providing support to regional vice presidents.
Under the re-imagined support structure, the newly created business growth team will help guide brokerages through their journey through the four designated growth stages and assist with problem solving, expansion and contract negotiations.
Roy Schwalm. (Credit: RE/MAX)
In his new role, Ritchie will oversee all accounting and tax functions of RE/MAX Holdings, including U.S. Securities and Exchange Commission reporting, billing, cash receipts, payroll, accounts payable, cash management, tax filings and technical accounting. He joined RE/MAX as a vice president in the same department.
Schwalm, previously the vice president of financial planning and analysis since he joined the company in 2017, will be responsible for strategic planning and corporate development-related activities. He’ll also be involved in ongoing innovations across the company.
Notably, all three promotions involve men at a time when real estate, and corporate America more broadly, has been under scrutiny to elevate more women to leadership positions (the majority of Realtors are women, according to the National Association of Realtors). However, last fall, RE/MAX elevated three women leaders with new promotions as well, and 5 out of its 13 senior leaders are women.