Realtors CEO Resigns Amid Harassment Claims and Damages Due to Price Fixing Verdict
CEO Bob Goldberg quits after $1.8 billion verdict and accusations of sexual harassment; Nykia Wright, former CEO of the Chicago Sun-Times, tapped as interim CEO.
- Bob Goldberg, the long-serving CEO of the National Association of Realtors (NAR), has announced his resignation amid allegations of sexual harassment within the organization and a landmark price-fixing court verdict.
- NAR and several brokerages have been ordered to pay $1.8 billion in damages following a federal jury's decision that the organization conspired to inflate home commissions, a ruling that could significantly alter the structure of the U.S. real estate industry.
- Despite facing numerous calls for his resignation after complaints of discrimination and harassment within NAR became public, Goldberg and NAR representatives have insisted his resignation is not related to these allegations or the recent legal verdict.
- In the wake of Goldberg's resignation, former Chicago Sun-Times CEO, Nykia Wright, will act as interim CEO for NAR. Despite being a newcomer to the real estate industry, Wright is seen as a promising change due to her success in steering the previous publication’s digital strategy.
- Prior to his resignation, Goldberg was heavily criticized by members of his organization, with some creating an online petition demanding his immediate departure. Meanwhile, the NAR Accountability Project, founded by real estate agent Jason Haber and marketing consultant Danielle Garofalo, is calling for the release of women who signed nondisclosure agreements after reporting sexual harassment at NAR.