Key facts
- Zillow Group expanded CFO Jeremy Hofmann's role to include chief operating officer.
- Cassandra Knight was appointed as the company's first chief legal and policy officer.
- Katie Berroth was promoted to senior vice president of strategy and operations.
- Eric Wilson was promoted to senior vice president and general manager of mortgages.
- Jun Choo is stepping down as COO to focus on his health.
Zillow Group has implemented a significant restructuring of its executive leadership team, with Chief Financial Officer Jeremy Hofmann taking on the additional responsibilities of Chief Operating Officer. This move aims to better align capital allocation and operational execution as the company scales its integrated platform. Hofmann, a long-time Zillow executive, will now oversee both financial strategy and daily operations.
In a newly created role, Cassandra "Sandi" Knight has been appointed as Zillow's first Chief Legal and Policy Officer. Knight, who previously held leadership positions at Google, PayPal, and Morgan Stanley, will be responsible for legal, compliance, and government relations functions, addressing the increasing regulatory and litigation risks faced by real estate and technology firms.
Additionally, Zillow has promoted two internal leaders to senior vice president positions. Katie Berroth will serve as Senior Vice President of Strategy and Operations, focusing on business strategy and cross-functional operations. Eric Wilson has been elevated to Senior Vice President and General Manager of Mortgages, overseeing Zillow Home Loans. These appointments follow Zillow's recent layoff of over 500 employees, which the company described as part of a broader restructuring effort impacting various departments including Zillow Rentals and product design.