Tom Ainsworth, now the former chief of sales officer at Australian property portal Domain, will be leaving the company.
Sources say Ainsworth was informed of the news this week and it is believed various prominent Melbourne real estate agents are disgruntled by the decision. Domain, however, insists the decision is part of a wider restructure as newly-installed CEO Jason Pellegrino makes his mark on the company.
The business formerly known as Fairfax – which has since been absorbed into Nine – owned a 60% controlling stake in Domain.
Mumbrella understands Ainsworth’s departure is not related to Nine’s takeover of Fairfax and the resulting combined sales teams and redundancies. Instead, the decision is believed to have come from Pellegrino.
Ainsworth joined Domain as executive director of residential sales last year, and became chief sales officer at the start of 2018.
Prior to that he had been director of sales at rival REA Group before spending time in the USA with Move, Inc.
The restructure which resulted in Ainsworth being let go means Domain will now operate under two business units. In a note to staff, Pellegrino said he was looking to grow the company after observing its processes and spending time with stakeholders during his first 100 days in office.
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