Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment
of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 19, 2021, the board of directors (the "Board") of Zillow Group, Inc.
(the "Company") appointed Jeremy Wacksman, previously President of Zillow, as
the Company's Chief Operating Officer, effective immediately.
Mr. Wacksman (age 44) had served as President of Zillow since December 2019.
Since joining the Company in 2009, Mr. Wacksman has held a number of leadership
positions including President, Zillow Brand and Co-Head of Zillow Offers from
June 2018 to December 2019, Chief Marketing Officer from July 2016 to June 2018,
Chief Marketing Officer of Zillow from August 2015 to July 2016 and Vice
President of Marketing and Product Management from 2009 to August 2015. Prior to
joining the Company, Mr. Wacksman led marketing and product management efforts
for Xbox Live at Microsoft Corporation. Mr. Wacksman earned his B.S. in
engineering from Purdue University and an M.B.A. from Northwestern University
(Kellogg).
In connection with Mr. Wacksman's appointment as Chief Operating Officer, the
Compensation Committee of the Board approved an increase in his annual base
salary to $660,825.00, effective as of February 9, 2021, and approved a
restricted stock unit, or RSU, grant for 53,077 shares of Class C capital stock,
which Mr. Wacksman may elect to receive in the form of stock options, or a
combination of stock options and RSUs, pursuant to the Company's equity choice
program.
Item 8.01 Other Events.
On February 19, 2021, the Board also appointed Susan Daimler, previously Senior
Vice President, Premier Agent, as President of Zillow, effective immediately.
Ms. Daimler had served as Senior Vice President, Premier Agent since 2018. Prior
to that, Ms. Daimler served as General Manager of StreetEasy. Ms. Daimler joined
the Company in 2012 in connection with the Company's acquisition of Buyfolio, a
co-shopping platform she co-founded. Ms. Daimler earned her B.A. in English from
Johns Hopkins University.
A copy of the press release announcing these matters is furnished as Exhibit
99.1 to this Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit
Number Description
99.1 Press Release dated February 22, 2021 entitled "Zillow Announces Leadership
Promotions to Increase Focus on End-to-End Customer Experience" issued by
Zillow Group, Inc. on February 22, 2021.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
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