The National Association of Realtors announced Thursday that CEO Bob Goldberg will resign earlier than expected, as the group contends with the fallout from a federal lawsuit and a harassment scandal.
The leadership transition comes days after a federal jury found the association — and some residential brokerages, including units of Warren Buffett's Berkshire Hathaway — liable for conspiring to artificially inflate commissions from home sales.
The association did not mention the lawsuit in Goldberg's decision to step down.
Starting Nov. 30, Goldberg will be replaced by Nykia Wright, who's serving as interim CEO while the association searches for a permanent replacement.
Goldberg will continue to serve as an executive consultant through the transition, the association added.
Persons:
Bob Goldberg, Warren Buffett's Berkshire Hathaway —, Kenny Parcell, Goldberg, Nykia Wright, who's
Organizations:
National Association of Realtors, NAR, New York Times, CNBC PRO
Locations:
Edmonton , Alberta, Canada, Warren