Toronto Regional Real Estate Board (TRREB) has replaced the board of its technology subsidiary PropTx, with the new members slated to conduct a governance and operational review.
John DiMichele, CEO of TRREB and PropTx Innovations Inc., confirmed in an email to Real Estate Magazine that the TRREB leadership team has appointed a new interim board, replacing the previous board.
“This transition will ensure PropTx’s governance structure is optimally positioned for our next strategic planning cycle and better aligned with emerging technologies, user needs, and our long-term vision to support our mission,” said DiMichele.
Members of the new board are Agostino Monteleone, Daniel Steinfeld, Frank Farhangi, Colby Bayne, Anna Michaelidis and Paul Helps.
Former board members, as recently as the spring, included Paul Baron as chair, and directors Jennifer Pearce, Mathieu Glaude, Irene Zaguskin and Paula Morrison.
“This initiative is designed to support long-term planning and ensure the continued delivery of the innovative products and services our users rely on,” said DiMichele.
A permanent board will be appointed as part of the next phase of organizational planning, added DiMichele.
Kevin Crigger, associate CEO of TRREB, is the president of PropTx. He assumed both roles last fall.
PropTx continues to operate as usual. It provides service to nearly 90,000 Realtors across Ontario.
Editor’s note: This story was revised on the morning of Oct. 14 with the names of the former directors.
Courtney Zwicker is a digital reporter and associate editor for REM. Based in Atlantic Canada, she has over a decade of experience covering daily business news.
