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C-Suite Shaken: Anywhere’s Startup CTO Ushers COO Out

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TLDR:

  • Anywhere Real Estate announced a shakeup in its executive team, with the appointment of a new Chief Technology Officer (CTO) and the departure of Chief Operating Officer (COO) Melissa McSherry.
  • Rudy Wolfs, who has a background in fintech and experience with startups, will take on the role of CTO and report directly to Anywhere President Ryan Schneider.
  • McSherry will step down at the end of the month but will stay on as a strategic advisor through the end of March.
  • Wolfs expressed excitement about the opportunity to work with Anywhere, emphasizing the company’s scale, data access, and potential to transform the real estate transaction experience.
  • McSherry joined Anywhere in 2022, bringing with her a background in finance, and her departure comes as the company prepares to release its Q1 and full-year 2023 earnings.

Anywhere Real Estate has appointed Rudy Wolfs as its Chief Technology Officer (CTO) and announced the departure of Chief Operating Officer (COO) Melissa McSherry, according to a statement by the company. Wolfs, who has experience in fintech and previously worked in leadership roles at Capital One, will report directly to Anywhere President Ryan Schneider. In his new role, Wolfs will focus on further simplifying the real estate transaction and driving growth. McSherry, who joined the company in 2022, will step down at the end of the month but will continue as a strategic advisor until the end of March. Anywhere highlighted Wolfs’ background in startups, describing him as an “avid technology innovator.” The company expressed confidence that Wolfs would bring innovation and entrepreneurship to his work and play a pivotal role in accelerating Anywhere’s digital transformation.

McSherry’s tenure with Anywhere coincided with a challenging time for the company and the real estate industry as a whole. Anywhere settled several lawsuits in September 2022, becoming the first company to do so. McSherry joined the company as it rebranded from Realogy and will step down as the company prepares to report its Q1 and full-year 2023 earnings later this week.

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