Zillow Announces Key Management Moves

SEATTLE, Sept. 29 /PRNewswire/ -- Zillow, Inc., which operates leading real estate website Zillow.com®, Zillow® Mortgage Marketplace, and the industry's largest mobile real estate platform, today announced several key management promotions in sales and marketing, finance and operations. Each executive reports directly to Zillow Chief Executive Officer Spencer Rascoff.

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Greg Schwartz, who joined the company in 2006 as vice president of sales, has been promoted to chief revenue officer, responsible for managing and growing the company's local and national sales efforts. Schwartz has successfully built a national sales team with offices around the country and helped design the company's current sales products and mobile advertising platform. He also helped build and now manages the number one real estate ad network in partnership with Yahoo! Real Estate. Prior to Zillow, he was vice president of advertising sales at CNNMoney, where he also built the advertising sales team and platform. Previously, he was national accounts director for Yahoo!'s Automotive and Finance properties and also held multiple positions at DoubleClick, Inc., including director of business development, where he co-founded the wireless advertising business unit.

Amy Bohutinsky has taken over the company's marketing department in a promotion to vice president of marketing and communications from vice president of communications. Bohutinsky joined Zillow in 2005 and spearheaded Zillow's publicity and social media marketing around the site's public launch in 2006. Since then, she has managed all external communications and public relations, which have been core drivers of the company's brand awareness and traffic, absent any advertising. With the expansion to marketing, Bohutinsky is responsible for all marketing programs, including PR, social media marketing, consumer email, content and advertising. She previously was director of communications of Hotwire, Inc. and led the company's launch in 2000 through and after its acquisition by Expedia. Prior to Hotwire, she was with Blanc & Otus, a technology public relations firm, and began her career as a broadcast journalist, serving as an anchor and field reporter for various CBS, NBC and ABC affiliates.  

Chad Cohen has been promoted to vice president of finance from Controller, overseeing all finance, treasury and accounting functions. He joined the company shortly after its 2006 launch and helped build and manage the finance department. Prior to Zillow, Cohen served as assistant controller and financial operations manager of Ticketmaster Entertainment, where he also oversaw Sarbanes-Oxley compliance. He previously was vice president and assistant controller for Countrywide Bank and a supervising senior auditor at Ernst & Young. He started his career in financial planning at Novellus Systems, and is licensed as a CPA in the State of California.

Chloe Harford has been promoted to vice president of mortgages and new ventures from a director position and has taken over management of Zillow's fastest-growing business, Zillow Mortgage Marketplace. Harford joined Zillow in 2005 and has played a key role in developing the company's product and monetization strategies, and has successfully built and managed several new ventures within the company. Prior to Zillow, Harford worked at eLong.com, a leading online travel company in Beijing. Previously, she worked in Europe at Boston Consulting Group where she focused on technology and innovation, and worked in strategic planning at Expedia. A native of the United Kingdom, Harford's startup career began as a founding member of the Montserrat Volcano Observatory, developing new technologies to monitor an active volcano.

"Greg, Amy, Chad and Chloe have each played instrumental roles in Zillow's development and growth and these promotions reflect their contributions as individuals and leaders," said Spencer Rascoff, CEO of Zillow, Inc. "I am extremely proud of these executives and the entire team at Zillow. We've assembled a world-class team whose combined efforts have propelled Zillow to a Web and mobile real estate leader. I am very confident that we have the management team in place at Zillow to take us through the next phase of our growth."

Zillow has broken multiple records in operating and financial metrics in the past year. In August, 12.5 million unique users visited Zillow.com, up 41 percent year over year. Zillow Mortgage Marketplace logged a record 314,000 loan requests in August, up six-fold from a year ago. National and local advertising sales, including sales through the company's location-based mobile apps, are also accelerating. Total downloads of Zillow's mobile apps have surpassed 2 million, making Zillow the most popular real estate app on iPhone®, iPad™, Android® and Windows® Mobile devices. As previously announced, Zillow recently teamed with Yahoo! Real Estate to create the largest real estate ad network, for which Zillow coordinates sales across the two platforms. Later this fall, Zillow will power all for-sale listings on Yahoo!, bringing more than 4 million home listings to Yahoo! users.

About Zillow, Inc.

Zillow, Inc. operates one of the largest portfolios of online and mobile real estate services to help buyers, sellers, real estate agents, renters, borrowers, and lenders find and share vital information about homes.  Launched in 2006 with Zestimate® home values  and data on millions of U.S. homes, Zillow.com has grown into one of the most-visited real estate websites with 12.5 monthly unique visitors. The site now includes information for every stage of home ownership, including homes for sale and homes for rent, a directory of real estate and lending professionals, and Zillow Advice. Zillow Mortgage Marketplace connects borrowers with verified and rated lenders and Zillow Mobile includes the most popular real estate apps with more than 2 million downloads.  The company is based in Seattle and has raised $87 million in funding.

Zillow.com, Zillow and Zestimate are registered trademarks of Zillow, Inc.  Apple and iPhone are registered trademarks of Apple, Inc. iPad is a trademark of Apple, Inc.  Android is a registered trademark of Google Inc. Windows is a registered trademark of Microsoft Corporation.

SOURCE Zillow, Inc.