10:19 AM EDT, 04/05/2024 (MT Newswires) -- eXp World Holdings ( EXPI ) unit eXp Realty on Friday named Leo Pareja as chief executive officer with immediate effect.

Pareja succeeds Glenn Sanford, who stepped down to focus on his roles as founder, chairman, and CEO of eXp World ( EXPI ), the company said.

Previously, Pareja was chief strategy officer at eXp Realty.

eXp World ( EXPI ) shares were down more than 5% in recent trading.

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