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new chapter unfolds at eXp World Holdings as Jesse Hill takes the reins as interim chief financial officer, effective April 1. Hill's appointment marks a significant milestone in his tenure with the company, having joined in 2019 and rising through the ranks to vice president of international finance and corporate FP&A last fall.

    As Hill assumes this new role, Kent Cheng, eXp's principal financial officer, will transition into an advisory position until August to ensure a seamless handover. The search for a permanent CFO continues, with Hill poised to drive growth and expansion plans forward. His leadership has already yielded impressive results, with International Realty expanding into eight additional markets, nearly quintupling revenue, and significantly improving operating margins.

    Hill's appointment follows a series of executive-level transitions at eXp in the past year, including Jeff Whiteside's departure for LPT Realty as CFO and Michael Valdes' move to LPT as chief growth officer. Despite reporting a 7% revenue increase in 2024, net losses were higher than in 2023. To address this, Hill will focus on maximizing ROI from agent-centric investments while operating efficiently at scale.

    Meanwhile, National Mortgage Bankers Inc. welcomes Michael Brennan as its new president of sales and operations. With over 25 years of mortgage lending experience, Brennan brings a wealth of knowledge to the role, having spent the last decade at Movement Mortgage, where he spearheaded expansion efforts after being named president in 2021. His arrival is seen as a significant step forward for National Mortgage Bankers, building on its strong foundation and expanding services nationwide.