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""ZipRealty, Inc."":http://www.ziprealty.com, a full-service residential real estate brokerage based in Emeryville, California, recently promoted its EVP and CFO, Lanny Baker, to CEO and president, effective October 2.
Baker, who will also be a member of the company's board of directors, will replace J. Patrick Lashinsky, who decided to step down from the position.
[IMAGE] [COLUMN_BREAK]""We are thankful that Pat's leadership, determination, and knowledge of the market allowed ZipRealty to grow revenues dramatically over the years while reaching national-brand status,"" said Donald Wood, chairman of ZipRealty's board. ""We wish Pat well in his future endeavors. The board has worked closed with Lanny for two years and is highly confident that his leadership ability, strategic thinking, and business skill set will create value for ZipRealty's stakeholders over the coming years.""
Prior to joining ZipRealty, Baker was CEO of Monster Worldwide and spent 16 years as an equity research analyst focusing on the Internet media sector.
""I am excited to lead ZipRealty and believe that we have an unparalleled opportunity to leverage the company's cutting-edge technology and expertise in the online channel in revolutionary ways,"" Baker said. ""Above all, we intend to aggressively capitalize on our platform and significant resources to deliver consistent profitability and long-term growth.""
