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nthony Hitt is stepping down as leader of Engel & Völkers Americas to focus on personal endeavors. Chief Strategy Officer Stuart Siegel will serve as interim CEO while the company searches for a permanent replacement. Hitt has been with E&V since 2010, leading the expansion of the brand in various regions and overseeing significant growth in the US.

    Under his leadership, Engel & Völkers continued to expand its presence in the US market, adding new locations and achieving an estimated $17.2 billion in annual sales in 2023. The company also settled a commissions lawsuit for $6.9 million in October. Hitt was recognized as one of the most powerful people in the industry by T3 Sixty.

    Jawed Barna, Engel & Völkers Group CEO, praised Hitt's contributions and dedication to the company. A successor will be sought with a strong cultural fit and commitment to driving future growth. Siegel, the interim CEO, brings over 40 years of experience in luxury real estate brokerage, consulting, and hospitality, including 15 years as president and CEO of Sotheby's International Realty.

    Engel & Völkers operates globally with over 16,500 real estate professionals in more than 35 countries.