The RE/MAX Holdings, Inc. board of directors is getting a shake up. Board member Joe DeSplinter informed the director of the board last Tuesday that he intends to retire from the board prior to the completion of his current term, which is schedule to end at RE/MAX’s 2023 annual meeting of stockholders.
RE/MAX said that DeSplinter’s retirement is not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices. The firm publicly announced DeSplinter’s decision in a document filed with the Securities and Exchange Commission Monday evening.
After nearly four decades with multinational professional services partnership firm Ernst & Young, DeSplinter retired in 2014, leaving his position as the firm’s professional practice director of private equity. In addition to his position on the board at RE/MAX, DeSplinter has also served on the boards of Adolfson & Peterson Construction and the Catholic Foundation of Northern Colorado. He holds a Certified Public Accountant license in Arizona, California, Colorado, Illinois and New York.
“Joe has made invaluable contributions to RE/MAX Holdings during his time serving on the Board of Directors. We greatly appreciate his service and wish him well on his next endeavors,” a RE/MAX spokesperson wrote in an email.
RE/MAX says it has begun a search for a replacement director and that DeSplinter intends to resign from the board once the board appoints his successor.
