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EXp Realty VP of International Finance Jesse Hill will lead eXp World Holdings’ financial team when Chief Financial Officer Kent Cheng leaves his role on April 1. Cheng, who’s been with eXp World Holdings since 2020, will stay with the company until August to assist Hill as the company searches for a permanent CFO.
Glenn Sanford, eXp World Holdings
“As VP, International Finance & Corporate FP&A, Jesse Hill has been an important part of our growth and expansion plans,” eXp World Holdings founder and CEO Glenn Sanford said in a written statement. “Under Jesse’s financial leadership, International Realty has expanded into eight additional markets, increasing revenue nearly five-fold and significantly improving segment operating margins.”
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“Jesse has also been recognized as one of the most impactful finance executives in the mortgage and real estate industries, awarded a 2025 Finance Leader by HousingWire,” he added. “I would also like to recognize Kent Cheng for the contributions he has made across eXp World Holdings, Inc.’s business segments over the last five years. We look forward to working closely with Kent in his strategic advisory role as we continue our search for a permanent CFO.”
Hill has been with eXp World Holdings since 2019, when he joined Virbela, eXp’s former metaverse, as its senior financial analyst. Hill was promoted to two senior finance roles at Virbela before moving to eXp Global’s finance team in mid-2021.
At eXp Global, Hill leads a team of six managers and 19 staff members who oversee the company’s financial planning, reporting and compliance. During his tenure, eXp Global has experienced rapid annual revenue growth, from $15 million in 2021 to $90 million in 2024.
Before joining eXp World Holdings, Hill had several financial analyst roles at The Walt Disney Company, Nissan Motor Corporation and General Motors.
Jesse Hill
“I am excited for the opportunity to serve as Interim Chief Financial Officer of eXp World Holdings beginning next month,” Hill said in a prepared statement. “One of my top priorities as Interim CFO will be to ensure that our agent-centric investments deliver the highest ROI to our agent base as we remain focused on operating efficiently at scale.”
“I am grateful for the trust placed in me by Glenn and the eXp Board, and I am honored by the opportunity to lead a high-performing finance organization at eXp, the most agent-centric real estate platform on the planet,” he added.
EXp World Holdings said Cheng is departing the company on good terms, and is not due to “any disagreement regarding [the company’s] financial statements or disclosures.”
EXp World Holdings failed to turn a profit during the fourth quarter of 2024, despite revenues growing 5 percent year over year to $983 million. The company said a rough-and-tumble housing market was the reason for growing losses and declining agent headcount; however, it was confident about future gains as the company doubles down on its “eXp is where the pros go to grow” recruiting mission.
Board member and Audit Committee Chairperson Randall Miles thanked Cheng for his “significant contributions” to the company and congratulated Hill on his new role.
“We are confident in eXp’s long-term outlook due to the platform’s leading scale, superior profitability, cash flow profile and highly talented team, and look forward to naming a permanent CFO to help lead eXp through its next phase of growth,” he said.
