Jesse Hill, VP, International Finance & Corporate FP&A, eXp Realty, named eXp World Holdings Interim Chief Financial Officer, effective April 1, 2025

eXp World Holdings Announces Interim CFO, Provides Chief Financial Officer Transition Update

BELLINGHAM, Wash., March 17, 2025 (GLOBE NEWSWIRE) — eXp World Holdings, Inc. (Nasdaq: EXPI), the holding company for eXp Realty^®, FrameVR.io and SUCCESS^® Enterprises, today announced that Jesse Hill, VP, International Finance & Corporate FP&A of, eXp Realty has been named Interim Chief Financial Officer of eXp World Holdings, Inc., effective April 1, 2025. It is anticipated that current Principal Financial Officer Kent Cheng will transition into an advisory role on March 31, 2025, and will remain at the Company until August 31, 2025 to support the transition.  The Company and its Board of Directors continue to conduct an active search for a permanent Chief Financial Officer among highly qualified external and internal candidates.

“As VP, International Finance & Corporate FP&A, Jesse Hill has been an important part of our growth and expansion plans,” said Glenn Sanford, Founder, Chairman and CEO of eXp World Holdings, Inc. and eXp Realty. “Under Jesse’s financial leadership, International Realty has expanded into eight additional markets, increasing revenue nearly five-fold and significantly improving segment operating margins. 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. 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.”

“I am excited for the opportunity to serve as Interim Chief Financial Officer of eXp World Holdings beginning next month,” Jesse Hill said. “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.”

Randall Miles, member of the Board of Directors and Chairperson of the Audit Committee, said, “On behalf of the Board of Directors, I would like to thank Kent for his significant contributions to eXp, and to congratulate Jesse on his new role as Interim CFO. 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.” Cheng’s planned departure is not a result of any disagreement regarding eXp World Holdings, Inc.’s  financial statements or disclosures.