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One year after the X Inc and Ray White’s Loan Market merger, CEO Jenifer Nielsen has stepped down.
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Ms Nielsen, who established X Inc in November 2004, will take on the new role of head of online and marketing for real estate group Ray White as of January 1 2009.
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The broking group’s remaining senior management will stay unchanged with Sam White as chairman, John Kolenda as head of sales and Dean Ruston as head of operations.
Mr White said Ms Nielsen, in her new role, would develop the online brands of both Loan Market and Ray White as well as to improve integration of the two businesses.
“By developing our e-marketing division we can better generate more business for both Ray White and Loan Market Group than either can do individually,” he said.
