As part of a management reorganization of Marcus & Millichap, Inc., effective April 29, 2025, John David Parker, formerly the Chief Operating Officer, Eastern Division, has been promoted to Executive Vice President and Chief Operating Officer of the Company, overseeing all brokerage operations. Richard Matricaria, formerly the Company?s Executive Vice President and Chief Operating Officer, Western Division, has been named Senior Vice President and Chief Growth Officer. He will oversee the Company?s key growth initiatives including strategic partners, investments, and overseeing the Company?s talent development.

Mr. Matricaria will no longer be an executive officer in his new capacity. Additionally, Greg LaBerge, the Company?s Chief Administrative Officer, will transition to the role of Senior Vice President, Chief Client Officer effective May 1, 2025, overseeing the Company?s specialty divisions.