Owen Wilson promoted to replace Tracey Fellows at REA Group

The REA Group’s chief financial officer Owen Wilson has been promoted to CEO of REA Group, replacing Tracey Fellows.

Fellows will step down from her role in January to become president of global digital real estate at News Corp in New York.

The new CEO joined REA Group in 2014.

Wilson’s previous roles include positions at MacLeod Group, where he was CFO and company secretary, as well as chief operating officer at ANZ’s Institutional and Investment Bank.

Hamish McLennan, chairman of the REA Group board, said Wilson had played a critical role in the group’s growth.

“He has a deep understanding of the company, our long-term strategy and the importance of our customers in driving business success,” McLennan said.

"The board has a long-term commitment to succession planning, and I am pleased that this internal appointment reflects the strength of our REA Group talent,” he said.

He commences his new role on January 7 with plans to expand the real estate listings company’s Asia operations as part of his growth strategy.