eXp World Holdings Inc (EXPI) has provided an update.
eXp World Holdings, Inc. has named Leo Pareja as the new CEO for eXp Realty, LLC with an immediate effect, providing him a generous compensation package including a $750,000 base salary, up to a 50% bonus, stock options, and restricted stock units totaling over $2.6 million in value. These stock awards will vest over time, contingent upon Pareja’s continued service with the company, and are aligned with the company’s equity compensation plan. The announcement of Pareja’s promotion was made public through a press release.
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