People on the Move: RE/MAX Holdings names new CEO
Erik Carlson replaces interim CEO Steve Joyce as the leader of the company's real estate brokerage and mortgage divisions.
Editor's note: As an industry with millions of agents and over 100,000 brokerage companies, new leaders rise to the top every day. Here we highlight executives and other notable leaders who've recently taken on, or stepped away from, roles that influence the residential real estate landscape.
RE/MAX Holdings has named a new CEO. Erik Carlson will take on the top role at the company, overseeing both the real estate brokerage division and Motto Mortgage.
Steve Joyce, who originally joined RE/MAX Holdings as a board member in 2020, had served as the company's interim CEO following the departure of Adam Contos in January 2022. Joyce will remain on the board of directors.
Carlson joins RE/MAX after a 28-year career at DISH Network, where he had been CEO since 2017. He oversaw the network's two largest businesses, DISH TV and SLING TV, and continues to serve on the DISH board of directors.
RE/MAX Holdings Co-Founder and Chairman Dave Liniger said Carlson's deep leadership experience at DISH made him the "ideal executive" for the role. "He is a strong, well-rounded leader with decades-long experience overseeing large businesses and managing high-performance teams in a disruptive industry, with a self-described 'obsessive focus on the customer,' all of which makes him uniquely qualified to lead RE/MAX Holdings through its next phase of growth," said Liniger.
The leadership change follows a rocky third quarter for RE/MAX. In September, the company agreed to a $55 million settlement in the Sitzer/Burnett and Moehrl commissions lawsuits, resulting in steep losses during what Joyce called "the toughest real estate market in a decade."
While RE/MAX did not disclose Carlson's salary, his appointment comes with a substantial stock award, the company shared in a news release. Carlson will receive more than 287,000 shares (RSUs) of time-based stock and more than 290,000 performance-based RSUs that vest through 2027.
The company's stock price, which has declined sharply since August, dipped slightly following the leadership announcement, trading at just below $9.00 on Monday afternoon.