By Colin Kellaher
Fathom Holdings’ founder, Joshua Harley, has stepped down as head of the real-estate-services platform for family reasons.
Fathom on Monday said Marco Fregenal, who had been president and chief financial officer, succeeds Harley as chief executive of the Cary, N.C., company.
Fathom said Fregenal, who has served as chief financial officer 2012 and president since 2018, will remain finance chief until the company identifies a successor, adding that it plans a global search after the start of the new year.
The company said Scott Flanders, an independent board member since August 2022, will now serve as chairman.
Fathom said Harley, who remains its largest shareholder with a nearly 30% stake according to data from FactSet, will remain active with the company, primarily supporting agent-growth initiatives.
Write to Colin Kellaher at [email protected]