Greg Ellis Takes Interim CEO Role at Domain Starting February 17, 2025

Leadership Change at Domain

Domain Holdings Australia Limited (ASX: DHG) has announced the appointment of Greg Ellis as Interim CEO, effective from 17 February 2025. This move comes as the company continues its search for a permanent CEO following the planned departure of Jason Pellegrino, who has led Domain for six years.

Mr Pellegrino, who announced his intention to step down in October 2024, will remain with the company until 28 February 2025 to ensure a smooth transition through the FY25 half-year results period. The Board has expressed gratitude for his leadership and support during this critical phase.

Greg Ellis: A Familiar and Experienced Leader

Greg Ellis is no stranger to Domain, having served as a Non-Executive Director since November 2017. His appointment as Interim CEO leverages his deep familiarity with the company’s strategic ambitions and operational landscape. Ellis’s commitment to the role extends up to 12 months, providing stability while the Board undertakes a thorough search for a permanent CEO.

Ellis brings a wealth of experience from the digital and real estate sectors. His previous leadership roles include CEO of MYOB until 2023, CEO of Scout24 in Germany, and CEO and Managing Director of REA Group Ltd, a major player in online property listings. This background positions him well to maintain momentum at Domain during this transitional period.

Strategic Implications and Market Outlook

The appointment signals Domain’s intent to maintain steady leadership without disrupting ongoing business initiatives. Chairman Nick Falloon emphasized the Board’s confidence in Ellis’s ability to guide the company through this interim phase, underscoring the importance of continuity amid leadership change.

Investors will be watching closely for any strategic shifts or operational updates under Ellis’s stewardship, as well as progress in the search for a permanent CEO. The material terms of Ellis’s appointment are expected to be disclosed around his start date, which may provide further insight into the company’s interim leadership approach.

Domain operates in a competitive online property listings market, where leadership stability is crucial to sustaining growth and innovation. Ellis’s proven track record in digital businesses suggests a steady hand at the helm during this period of transition.