REA Group announces CFO succession and executive performance rights

REA Group (ASX:REA) announced Janelle Hopkins will retire as chief financial officer on February 11, 2026, after seven years in the role, to pursue a non-executive career. Andrew Cramer, currently deputy CFO at News Corp in New York, will succeed her, effective February 12, 2026. Cramer's prior experience includes overseeing News Corp's commercial finance and operations globally, and over a decade at Macquarie and Citi.

In related news, an Appendix 3Y filing details changes to director Cameron McIntyre's interests, reflecting the issue of performance rights. On November 17, 2025, McIntyre received 1,906 performance rights under the REA Group FY26 Sign on Award, 1,907 performance rights under the REA Group FY27 Sign on Award, and 12,500 performance rights under the REA Group Long-Term Incentive Plan.

These performance rights were part of McIntyre’s remuneration and sign-on arrangements, with the Long-Term Incentive Plan rights approved by shareholders at the 2025 Annual General Meeting on October 9, 2025. Additionally, McIntyre has a contractual entitlement to a FY26 Short Term Incentive, with a target value of A$1,700,000 and a maximum of A$2,800,000, 30% of which will be delivered in restricted ordinary shares, subject to performance conditions.