Compass hires chief revenue, marketing execs from Spotify, Eventbrite

New execs follow C-suite shakeup in March

Apr.April 26, 2018 02:00 PM

Khurrum Malik, Robert Reffkin, Matt Rosenberg and Maelle Gavet

Compass is adding to its C-suite with two new hires from the online ticketing company Eventbrite and music streaming service Spotify.

Matt Rosenberg, who was chief revenue officer at Eventbrite, will hold the same position at Compass, after Rob Lehman was promoted to chief growth officer in February.

Comapss also hired Khurrum Malik — an executive from Spotify— as chief marketing officer, after Matt Spangler was promoted to chief creative officer last month. At Spotify, Malik headed global product marketing.

The new hires are just the latest additions to Compass’ C-suite following several months of executive upheaval, punctuated by a $550 million infusion of capital from SoftBank and Fidelity Investments. The venture-backed firm is now valued at $2.2 billion, giving it significant dry powder to fuel its growth.

Last summer, David Snider, the company’s longtime chief financial officer, was pushed out and replaced by Craig Anderson, the former COO and CFO of cycling chain Flywheel.

But last month, Anderson stepped down as CFO after just seven months on the job. Longtime chief technology officer Liming Zhao also left Compass last month to start his own company outside of real estate.

Compass said this fall that its goal is to have 20 percent market share in 20 U.S. cities by the end of 2020. SoftBank’s $450 million investment — on the heels of a $100 million Series E round that Fidelity participated in — have propelled the company’s growth.

Over the past six months, Compass has opened offices in Seattle, San Diego, Dallas and Chicago. Earlier this week, Compass acquired Chicago-based Conlon Real Estate in a deal brings Compass’ local agent count to nearly 300. Those agents closed a collective $600 million in sales in 2017, Compass said.

In a statement, Lehman cited Rosenberg’s decades of experience scaling technology companies.

Before Eventbrite, Rosenberg was senior vice president of global sales at ServiceSource International, an IT service management company that went public in 2011.

Related Articles

Wall Street bonus season is the stuff home sellers’ dreams, as they picture eager buyers armed with hefty bonus checks and willing to pay top price. But in a buyer’s market that vision may be more like a mirage (Credit: iStock)

Here’s what Wall Street bonus season means for real estate this year

Adam Neumann and 78 Irving Place (Credit: Getty Images and StreetEasy)

Adam Neumann is asking $37M for Gramercy Park triplex

(Credit: iStock)

Residential rents continue upward march in Manhattan, Brooklyn and Queens

Redfin's Glenn Kelman (Credit: iStock)

“It’s on like Donkey Kong”: Redfin scrambling to keep up with iBuyer demand

Don Lemon and Tim Malone with their apartment at 2280 Frederick Douglass Boulevard 

CNN’s Don Lemon lists Harlem condo with fiancé broker Tim Malone

From left: 515 Park Avennue, Soori High Line, One Beacon Court, 53 East 67th Street and 15 Hudson Yards (Photos via Douglas Elliman, Compass, StreetEasy, Hudson Yards, Apartments)

Priciest homes to hit market include an UES building prime for mansion conversion

166 E. 81st St. (Credit: Google Maps, iStock)

UES townhouse once described as “infested with vermin” goes into contract

106 Prospect Place and 488 13th Street in Brooklyn (Credit: Google Maps)

Park Slope townhouse was Brooklyn’s priciest contract last week