Effective as of April 7, 2016, Gene Frederick was elected to
eXp World Holdings, Inc.’s (OTCQB: EXPI) board of directors in order to fill a
vacancy created by the board of directors increasing the number of directors
from three to four, pursuant to the company’s bylaws. Frederick has extensive
management experience in residential real estate. Prior to his appointment to
the company’s board, Frederick served over the past decade in various
management capacities at Keller Williams. Among his many accomplishments during
his tenure there, Frederick was the top recruiter for Keller Williams in four
of the last 11 years, including 2005, 2006, 2012 and 2013.
Frederick served with Keller Williams most recently out of
Austin, Texas, as team leader, where he grew the office from 320 agents to over
600 agents. Prior to that, Frederick was regional director of Keller Williams
Virginia from 2007-2009. Frederick hired on with Keller Williams in Dallas as
one of the first 10 agents at the Dallas Preston Road Market Center, where he
and his wife, Susan Frederick, became team leaders and grew the office from 100
agents to 533 between 1999 and 2006. Frederick has previously been recognized
as one of the Top 20 agents in the State of Texas.
Earlier in his career, Frederick served as controller for
Texas Instruments in 1984 before leaving the corporate world for real estate.
He has been a successful entrepreneur, having sold two small companies that
were acquired by Coldwell Banker.
eXp World Holdings believes that Gene Frederick is qualified
to serve on its board of directors because of his extensive experience in
residential real estate and his leadership ability, particularly in managing
growth.
For more information, visit the company’s website at
http://investors.exprealty.com
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