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Contos_AdamRE/MAX has appointed chief operating officer Adam Contos to co-chief executive officer, effectively immediately, the company announced on Tuesday. Contos will share responsibilities with now Co-CEO Dave Liniger, co-founder of the company, who will “focus on furthering the company’s leadership position in the industry while driving special strategic initiatives,” according to a release on the announcement. Senior Vice President of Financial Planning Serene Smith will succeed Contos as COO.

“I’m proud to have Adam, who has successfully led many key functions in our business over the last 13 years, partner with me at the CEO position,” says Liniger. “We have a talented and dedicated group of leaders at RE/MAX and I’ve been actively working with them to build our future. Under Adam’s leadership, I know this dynamic team will further our position as the No. 1 name in real estate.”

“Dave’s founding principles and culture of success along with the dedication of RE/MAX agents and owners have made RE/MAX the greatest real estate company in the world,” says Contos. “I’m honored to drive RE/MAX forward on behalf of over 110,000 agents who represent this iconic brand by delivering exceptional service to their clients. We will continue to advance RE/MAX and the real estate industry by delivering the products and services that have made our franchisees and agents so successful for the last four decades.”

Contos was named COO in 2016, responsible for managing the company’s daily operations, including in brand marketing, business development, communications, events, HR, IT and media and public relations. Contos previously served as senior vice president of Marketing for 14 years.

“The appointment of Adam Contos to co-CEO at RE/MAX by their legendary founder, Dave Liniger, and the board of directors, continues the organization’s movement to equip the worldwide real estate franchise system with the next generation of highly-skilled senior executive leadership,” says John Featherston, president, CEO and publisher of RISMedia. “RE/MAX is one of the biggest and best in the business, and this move sets the organization on-course to continued success, while providing the flexibility to adapt and thrive in the future. Contos has proven to be an extremely dynamic leader, and a widely-respected executive both within the RE/MAX organization as well as the entire real estate industry.”

“We’re fortunate to have a deep and talented executive team at RE/MAX,” Liniger says. “They share the same drive and desire to succeed that I had when I created this company over 44 years ago. We’re all strongly aligned around the core strategy, values, culture and mission that have made this company great. I’m confident that the strength of our management team supported by our exceptional agents, brokers, franchise owners and employees will continue to drive our future growth and success.”

RE/MAX, founded in 1973, is one of the preeminent forces in real estate, continually growing its global footprint of more than 110,000 agents in over 100 countries and territories. The company expanded into Barbados, Latvia and Trinidad and Tobago in the first quarter of 2017, and, in 2016, reached a total of 30,000 agents outside the U.S. and Canada.

RE/MAX Holdings, Inc., is the parent company of RE/MAX, LLC and Motto Mortgage, LLC.

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