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Zillow Group Class A ( (ZG) ) just unveiled an announcement.
Zillow Group, Inc. has appointed Jun Choo as the new Chief Operating Officer, enhancing his compensation and providing contractual indemnification. Concurrently, Susan Daimler steps down as President, with her departure agreement ensuring continued salary, benefits, and vesting of stock options during a transition period. These executive changes will lead to an additional $10.8 million in share-based compensation expenses for the company’s financials by the end of 2024.
Learn more about ZG stock on TipRanks’ Stock Analysis page.