KANSAS CITY, Mo.--(BUSINESS WIRE)--Xceligent today announced that Executive Chairman Frank Anton, an experienced and respected industry figure, will assume executive leadership of the company, effective immediately. Jody Vanarsdale, Xceligent’s Chief Operating Officer, will take on the role of Acting CEO. Doug Curry, Xceligent’s founder, and co-founder and Chief People Officer, Erin Curry, will step down. Xceligent was acquired by DMGT in 2012.
“I am delighted to assume a leadership role for this dynamic company, which provides an essential service to the commercial real estate industry,” said Anton. “As we continue to work toward expanding our reach across the country, I want to assure our partners, customers and employees that Xceligent remains committed to fighting for choice in the marketplace and against anti-competitive practices that limit competition. Our partners know that those practices, which include an intimidating legal attack on one of our vendors just last week, are the desperate tactics of a competitor that wants to stifle our industry’s ability to share information freely. We will continue our efforts to protect that right.”
DMGT CEO Paul Zwillenberg said: “Frank brings a wealth of expertise, experience and industry know-how, as well as an impressive track record of delivering growth and shareholder value in the commercial property sector, and Jody is a highly-respected leader at Xceligent. Together they will form a formidable executive team. Doug has made an enormous contribution to Xceligent over the last 18 years and I’d like to thank him for his energy and commitment.”
Anton is vice chairman emeritus of Hanley Wood, LLC, a business-to-business media, information and marketing services company serving the nation’s residential and commercial design and construction industries. He has been with the company for more than three decades, previously serving as CEO and President. During this time, he led a dynamic and strategic shift in how the company went to market with an integrated network of media products and data and consultancy services, played a central role in Hanley Wood’s acquisition of more than 20 private businesses and oversaw a growth in revenues from $25 million to $235 million.
Curry said: “I am grateful to have had the opportunity to lead this tremendous company for nearly two decades. Now is the right time for me to step aside and pursue new opportunities, allowing a new leadership team to guide the company forward through its next chapter. I wish the entire Xceligent team the best and would like to thank the company for their support.”
Xceligent is a leading provider of verified commercial real estate information across the United States. Our professional research team pro-actively collects: a comprehensive inventory of commercial properties, buildings available for lease and sale, tenant information, sales comparables, historical trends on lease rates and building occupancy, market analytics, and demographics. This information assists the real estate professionals, appraisers, owners, investors, and developers that make strategic decisions to lease, sell, and develop commercial properties. Xceligent, backed by dmg information, has launched an aggressive national expansion that will provide researched information in the 100 largest United States markets.
DMGT manages a diverse, multinational portfolio of companies, with total revenues of almost £2bn, that provide businesses and consumers with compelling information, analysis, insight, events, news and entertainment. DMGT is also a founding investor and the largest shareholder of Euromoney Institutional Investor PLC and ZPG PLC.