Redfin Hires Chris Nielsen as Chief Financial Officer Former Zappos.com CFO and Amazon Executive Joins Rapidly Growing Technology-Powered Real Estate Brokerage

SEATTLE, June 20, 2013 /PRNewswire/ -- Redfin (www.redfin.com), the technology-powered real estate brokerage, today announced that Chris Nielsen has joined the company as chief financial officer.

(Photo: http://photos.prnewswire.com/prnh/20130620/SF35442)

Most recently, Chris was the chief financial officer and chief operating officer of Zappos.com, a leading destination in online apparel and footwear sales, where he oversaw the company's financial and fulfillment operations. At Redfin, Chris will lead the company's finance team, as well as the human resources and legal departments. His experience will help Redfin manage its rapid growth while continuing to deliver the best real estate experience in the industry.

"Redfin sought a CFO with broad operational chops to help us build a world-class customer-service company," said Redfin CEO Glenn Kelman. "Chris Nielsen's experience at Zappos and Amazon, where he ran whole businesses as well as tallied their financial results, is a perfect fit for Redfin. He's a believer and a doer, ridiculously smart but soulful too. We're over the moon to have him on board."

Throughout his career, Chris has served companies known for their analytical zeal, entrepreneurial spirit, and industry-leading service. He started at Amazon.com in 2003, where he led highly successful retail business segments such as the home and garden store. Prior to Amazon, he worked at business consulting firms Bain & Co. and Accenture.

"I've always enjoyed companies that put customers first, and combine technology and service to make something better. That is what Redfin is doing," said Nielsen. "I'm excited to join this talented and passionate team on its mission to reinvent real estate for consumers."

Chris holds a bachelor's degree in industrial engineering from Stanford University, and a master's degree in business administration from the MIT Sloan School of Management.

About Redfin
Redfin (www.redfin.com) is a technology-powered real estate broker that represents people buying and selling homes. Founded and run by technologists, Redfin has a team of experienced, full-service real estate agents who are advocates, not sales-people, earning customer-satisfaction bonuses, not commissions. Redfin's online tools feature all the broker-listed homes for sale, as well as for-sale-by-owner properties that don't pay brokers a commission. Because Redfin is a brokerage and a member of the multiple listing services (MLSs) in each market it serves, Redfin's website and mobile apps show all the agent-listed homes for sale, and does not show any homes as active that are already off the market. The company serves 22 U.S. markets and has closed more than $8 billion in home sales. In 2012, Redfin was named one of The DIGITAL 100: World's Most Valuable Private Tech Companies by Business Insider. Follow us on our blog (blog.redfin.com), Twitter (@redfin), and Facebook (facebook.com/redfin).

SOURCE Redfin



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