RMAX - RE/MAX CO-FOUNDER GAIL LINIGER RETIRES FROM RE/MAX HOLDINGS BOARD OF DIRECTORS NAMED VICE CHAIR EMERITA

PR Newswire

The former "Entrepreneur of the Year" for Colorado co-founded the real estate franchisor in 1973 and served as Vice Chair of the Board since RE/MAX Holdings was formed in 2013

DENVER , May 31, 2023 /PRNewswire/ -- RE/MAX Holdings, Inc. (NYSE:RMAX), parent company of RE/MAX, one of the world's leading franchisors of real estate brokerage services, and Motto Mortgage, the first-and-only national mortgage brokerage franchise brand in the U.S., today announced that RE/MAX Co-Founder Gail Liniger retired from the RE/MAX Holdings Board of Directors on May 25, 2023 , and has been named Vice Chair Emerita.

Liniger, who co-founded RE/MAX alongside Dave Liniger in 1973, served as Vice Chair of the Board since RE/MAX Holdings was formed in connection with its 2013 initial public offering. During her tenure as Vice Chair, RE/MAX Holdings launched the Motto Mortgage brand, and saw RE/MAX, the No. 1 name in real estate,* grow to an all-time high of more than 140,000 agents in over 110 countries and territories. A pillar of the RE/MAX network for decades, she is credited with having helped shape an organization of collaboration, productivity, gratitude and giving.

"There is really no adequate way to articulate what a profound positive effect Gail Liniger has had on RE/MAX, RE/MAX Holdings, and the hundreds of thousands of professionals who have aligned with the brand through the years. Gail has been a visionary, a role model, a strategic leader, and an inspiration since the very beginning," says RE/MAX Holdings, Inc. Lead Independent Director, Roger Dow . "Her new title of Vice Chair Emerita is an ongoing reminder of the core, overarching values most essential to the Company and its success."

Liniger – who overcame incredible odds after surviving a deadly small-plane crash in 1983 – has served the RE/MAX brand for more than 50 years, including as RE/MAX Chief Executive Officer for several years prior to the 2013 RE/MAX Holdings initial public offering.

* Source: MMR Strategy Group study of unaided awareness

About RE/MAX Holdings, Inc.
RE/MAX Holdings, Inc. (NYSE:RMAX) is one of the world's leading franchisors in the real estate industry, franchising real estate brokerages globally under the RE/MAX® brand, and mortgage brokerages within the U.S. under the Motto® Mortgage brand. RE/MAX was founded in 1973 by Dave and Gail Liniger , with an innovative, entrepreneurial culture affording its agents and franchisees the flexibility to operate their businesses with great independence. Now with more than 140,000 agents in almost 9,000 offices and a presence in more than 110 countries and territories, nobody in the world sells more real estate than RE/MAX, as measured by total residential transaction sides. Dedicated to innovation and change in the real estate industry, RE/MAX launched Motto Franchising, LLC, a ground-breaking mortgage brokerage franchisor, in 2016. Motto Mortgage has grown to over 225 offices in over 40 states.

SOURCE RE/MAX Holdings, Inc.