News Corp picks new CEO to run Move, realtor.com
Move, which operates realtor.com for the National Association of Realtors, has been led by an interim CEO since July 2019, when the Ryan O’Hara stepped down after running the company for more than four years.
But now, News Corp, which owns Move, has found O’Hara’s permanent replacement.
The company announced this week that Move will now be run by David Doctrow, who succeeds interim CEO Tracey Fellows.
Doctorow was previously at eBay, where he served as the head of global growth since 2016. Before that, Doctorow was the chief marketing and strategy officer at Expedia.
”I am grateful for the opportunity to join the team at News Corp and to lead Move, Inc., where we have the privilege of helping real estate professionals match buyers and sellers as they make one of the most important personal and financial events of their lives. I am looking forward to working with the strong Move team to take the business to the next level,” Doctorow said.
Realtor.com has more than doubled the number of unique users since its acquisition by News Corp in 2014, the companies said in a release. For the first quarter of fiscal year 2020, ending Sept. 30, News Corp reported that the real estate website saw an 18% year-over-year increase in traffic on the site, “growing faster than that of its nearest competitor.”
Doctorow was also named one of the Top 50 CMOs to Watch by Boardroom Insiders and a Forbes Top 50 Most Influential CMO.
“David is a thoughtful, dynamic leader with vast experience in contemporary digital commerce, and thus the ideal individual to take charge at Move, whose audience growth is significantly outpacing that of the nearest competitor,” said Robert Thomson, News Corp CEO. “Realtor.com is the pre-eminent marketplace for consumers and real estate professionals, and David’s digital drive and his marketing savvy will enhance the company and the industry for years to come.”