Thursday, April 2, 2009

Move CFO Plans Departure

Westlake Village-based Move, which operates the Move.com, Realtor.com, and other related web sites, announced Thursday afternoon that the firm's Chief Financial Officer, Lew R. Belote, III is planning to leave the firm. According to the company, Belote will continue with the firm, until the company appoints a successor. Move said that it has engaged search firm Spencer Stuart on a search. No reason for the move was made, however, Belote said in a statement that he looks forward to spending more time with his family. The move by Belote follows the departure of the firm's President in February, plus the installation of a new CEO in late January.

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