Jason Pellegrino, the head of Google Australia, is the new CEO of property classified business Domain.
He replaces Antony Catalano who who resigned in January citing personal reasons.
Fairfax Media listed Domain on the ASX last year, valuing the business at $2.2 billion. Its shares last traded at $3.17.
Pellegrino says he is can’t wait to be part of the exciting growth journey ahead.
“I have spent close to a decade with Google and consider myself enormously lucky to have worked with fantastic colleagues, partners and customers, dealing with the rapid shift in technology, from desktop, to smartphone and now the AI powered world ahead,” he says.
“Throughout this time, I have always prided myself on supporting the growth of incredibly strong teams and establishing transparent and trusting relationships with partners and customers, something I am looking forward to continuing as I join Domain.”
His base pay will be $1.2 million, plus short and long term incentives.
Domain Board Chairman Nick Falloon says Pellegrino has deep experience in sales, strategy, operations and product and technology.
Prior to joining Google, Jason worked in several roles over 15 years spanning corporate strategy, mergers and acquisitions and finance at Dakota Capital Partners, LEK Consulting, PepsiCo International and KPMG.
Falloon will continue as Domain’s interim Executive Chairman until Pellegrino joins Domain, after which time he will resume his role as Non-Executive Chairman.