Gus Rubio out at Douglas Elliman, months after promotion to president

He joined Elliman in 2015 following 18-month run at One Sotheby’s

Miami /
Oct.October 15, 2021 12:00 PM

Gus Rubio, Former President & COO, Douglas Elliman (Douglas Elliman, iStock)

Gus Rubio is out at Douglas Elliman, just months after the executive was promoted to president of the Florida brokerage, The Real Deal has learned.

Rubio joined Elliman in 2015 and also served as chief operating officer for Florida. He was promoted in April to president, alongside Jay Philip Parker, CEO of the Florida region, who is also now president of Elliman’s development marketing in Florida.

Before Elliman, Rubio spent 18 months as chief operating officer at One Sotheby’s International Realty in Miami.

A spokesperson for Douglas Elliman said Rubio “tendered his resignation earlier this month and, accordingly, is no longer associated with Douglas Elliman.” The spokesperson said the company wished him well. Parker announced the resignation in an internal company email sent on Wednesday, according to sources.

Rubio wrote via text that he “had an incredible career” with Elliman, and that he is “proud of what I helped accomplish for the brokerage.”

Brokerages in South Florida have reaped the benefits of a huge boost in residential sales this year. Douglas Elliman reported record revenue and profit in the second quarter, thanks in large part to its Florida business.





    Related Articles

    arrow_forward_ios
    (Getty)
    Active agents in Miami drop 36% in a year, as market cools
    Active agents in Miami drop 36% in a year, as market cools
    Cushman & Wakefield’s David Greenberg and Christopher Passeggiata
    Cushman & Wakefield hires Marcus & Millichap’s hospitality team
    Cushman & Wakefield hires Marcus & Millichap’s hospitality team
    Howard Elfman, Mauricio Umansky and Santiago Arana
    The Agency returns to Palm Beach County
    The Agency returns to Palm Beach County
    From left: Andrew Dickey, Kate Zanko, Ignacio Villanueva, Shannon Crowell, Bromley Kelly (Getty, JLL, Newgard Development Group and Douglass Elliman)
    Movers & Shakers: JLL taps Andrew Dickey to lead Southeast hospitality
    Movers & Shakers: JLL taps Andrew Dickey to lead Southeast hospitality
    Keyes Company's and Mike and Christina Pappas
    Christina Pappas promoted to president of Keyes
    Christina Pappas promoted to president of Keyes
    Homes
    South Florida home sales plunge, prices in flux in the fourth quarter
    South Florida home sales plunge, prices in flux in the fourth quarter
    The Hollywood Reporter’s Power Broker Awards (BFA, The SOCIETY Group)
    Photos: Top Miami and Palm Beach agents rub shoulders at Power Broker event
    Photos: Top Miami and Palm Beach agents rub shoulders at Power Broker event
    Clockwise from top left: Timothy Wheat, John Hugeunard, Catie Naranjo, Coraly Rodriguez and Wells Waller
    Movers & Shakers: JLL’s John Huguenard and Wells Waller move to Miami
    Movers & Shakers: JLL’s John Huguenard and Wells Waller move to Miami
    arrow_forward_ios

    The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

    Loading...