Summary by Futu AI
On August 21, 2024, reAlpha Tech Corp. announced the appointment of William B. Miller as the new Chief Financial Officer, effective August 19, 2024. Miller, with over 20 years of finance reporting and leadership experience, previously held positions at Sunlight Financial Holdings Inc., KKR Real Estate Finance Trust Inc., and Fortress Investment Group LLC. He succeeds Michael J. Logozzo, who will continue as the Chief Operating Officer and President. The company has entered into an employment agreement with Miller, which includes a base salary, annual cash incentive bonus, and eligibility for equity awards under the company's 2022 Equity Incentive Plan. The appointment and compensation details will be disclosed in a Current Report on Form 8-K filed with the SEC. reAlpha Tech, a real estate technology company, is also known for its AI-powered, commission-free homebuying platform, which aims to make homebuying more accessible and transparent.