Redfin Appoints Two New Board Members

Redfin (www.redfin.com), the technology-powered real estate brokerage, today announced that its board of directors has appointed two new members. The addition of Robert J. (Bob) Mylod, Jr., managing partner of Annox Capital, and former vice chairman and chief financial officer of Priceline.com; and Selina Tobaccowala, president and chief technology officer at SurveyMonkey, brings the total number to eight directors.

“Bob is a perfect fit for a mission-driven, consumer-friendly business like Redfin,” said Redfin CEO Glenn Kelman. “While Bob was CFO and later vice-chairman at Priceline, the company became one of the world’s five largest Internet companies, reinventing travel e-commerce to give consumers the most value and flexibility. And Bob’s expertise in acquiring companies as well as large-scale quantitative marketing comes at the perfect time for Redfin, which has grown almost entirely organically so far.”

Mylod will serve as chair of the board’s audit committee.

“Selina Tobaccowala is the ideal board member for Redfin,” said Redfin CEO Glenn Kelman. “Founding Evite out of Stanford, she has plenty of the entrepreneurial pluck that got Redfin this far. She is technically deep and well connected to Silicon Valley’s most important technology trends, but she also understands the intricate world of online marketing and customer analysis.”

More about Selina Tobaccowala

During Tobaccowala’s tenure at SurveyMonkey, the website has become the world’s leading survey platform with more than 15 million customers globally. Prior to SurveyMonkey, she held leadership positions at TicketMaster’s Europe division and Entertainment Publications. In 1997, she founded top online invitation and social planning website Evite, where she led the company’s development, operations and strategic direction. Tobaccowala holds a bachelor’s degree in Computer Science from Stanford University.

More about Bob Mylod

Mylod is the founder and managing partner of Annox Capital, a privately held venture capital firm based in Bloomfield Hills, MI. Previously, he held executive roles at Priceline.com (NASDAQ: PCLN), including vice chairman and chief financial officer. Earlier in his career, he was a principal at Stonington Partners, a private equity investment firm, and an associate with Merrill Lynch Capital Partners. Mylod is a member of the board of directors of Everbank Financial Corp (NYSE: EVER). He received an A.B. in English from the University of Michigan and an M.B.A. from the University of Chicago Graduate School of Business.

In addition to Mylod and Tobaccowala, the Redfin Board of Directors includes Glenn Kelman, Redfin CEO; Paul Goodrich, managing director, Madrona Venture Group; Marc Singer, managing partner, Osage University Partners; James Slavet, partner, Greylock Partners; Austin Ligon, co-founder and former CEO, CarMax; and Andy Goldfarb, co-founder and executive managing director, Globespan Capital Partners.

About Redfin

Redfin (www.redfin.com) is a technology-powered real estate broker that represents people buying and selling homes. Founded and run by technologists, Redfin has a team of experienced, full-service real estate agents who are advocates, not sales-people, earning customer-satisfaction bonuses, not commissions. Redfin.com features all the broker-listed homes for sale, as well as for-sale-by-owner properties that don't pay brokers a commission. Redfin also offers online tools that make the entire process of buying or selling a home easier and more informed. The company serves 22 U.S. markets and has closed more than $13 billion in home sales.