Regional News

Zillow appoints Allen Parker as CFO

By Victoria Haviland 0 Comments NEWS, Regional News

Allen Parker, CFO Zillow Group Inc.

The US' real estate portfolio giant, Zillow Group Inc., has recently announced that Allen Parker will be joining the company as its new Chief Financial Officer. At this position, Parker will oversee the finance, treasury, accounting, mergers, acquisitions, legal, and investor relations functions for Zillow Group, reporting back to the company's CEO, Spencer Rascoff.

Parker brings nearly 30 years of experience in deep operational finance, including at Fortune 500 companies Amazon and General Electric. Parker spent the last 13 years in finance roles at Amazon. Since 2011, Parker served as VP Finance, Amazon Devices, Appstore & Amazon Pay where he helped architect key finance structures and processes to support tremendous growth. While at Amazon, Parker also worked on the acquisitions of Whole Foods and Ring.

Prior to Amazon, Parker was CFO and VP of strategic planning at Trane Residential Systems where he led finance and strategy. Before that, Parker held various leadership roles at General Electric Lighting, including director of global business development and global controller.

"I am very excited for Allen to join as CFO of Zillow Group," said Spencer Rascoff, Zillow Group CEO. "He rose to the top of a very impressive pool of candidates, and brings significant financial leadership experience and a proven track record of building operational excellence at massive scale in high-growth environments. Allen will be a significant contributor to Zillow Group's long-term success. We are at a pivotal moment in Zillow Group's growth, as we move into new businesses such as mortgage origination and real estate transactions. Allen's expertise is exactly what we need to take the company to the next level."

"I am thrilled to join Zillow Group's leadership team, and look forward to bringing my financial and operational expertise to the team to assist the company as it grows," said Parker. "It is truly an exciting time of innovation and transformation for the real estate industry, and Zillow Group is leading the way."

Parker holds a bachelor of accounting science from the University of Oregon and completed General Electric's highly selective Global Business Management course in 2001. Parker will begin his role as CFO of Zillow Group on November 16, at which time Interim CFO Jennifer Rock will continue on with her position as Chief Accounting Officer.

SOURCE Zillow Group Inc.
Edited by V. Haviland

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