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Realty Executives International Announces Promotion of Owner Rich Rector to Executive Chairman and Glenn Melton to CEO

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RISMEDIA, November 2, 2009—Realty Executives International, Inc., announced Owner Rich Rector’s new position as Executive Chairman, formerly the chief executive officer (CEO), in which he will maintain oversight and a key decision-making role in the operations of the organization. Realty Executives International’s new CEO is Glenn Melton. 

Formerly the chief operating officer, Melton will continue to supervise all internal corporate activities including finance, technology, marketing and human resources for the privately-held Phoenix-based, international organization which has nearly 700 franchises in 17 countries. Additionally, both Melton and Rector will assume these roles within the Realty Executives Phoenix brokerage and the Realty Executives Relocation companies. 

“Glenn has been a catalyst in reinvigorating the Realty Executives brand worldwide as an authority in real estate,” says Rector. “His franchise expertise coupled with his in-depth real estate knowledge enables Glenn to manage the company with strong foresight and continued long term growth. Glenn’s promotion enables me to maintain a high-level of involvement throughout the organization to actively engage our core values and goals.” 

“This is a great time for consumers to leverage the pricing and opportunities available in this market,” says Melton. “Our core responsibility as a parent company is to identify and stay abreast of information, government programs and micro and macro trends that are credible and relevant so our Executives can offer superior real estate guidance.” 

For more information, visit www.RealtyExecutives.com

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