Leadership and structure changes at KW

Gary Keller steps back from CEO role in massive leadership shuffle at KW

Keller Williams is naming Carl Liebert, a retail, financial services and industrial services veteran, as CEO of the newly created KWx, a holding company that encompasses all of the Keller Williams brands, including, Keller Williams Realty, Keller Williams Worldwide, Keller Mortgage, Keller Covered and Keller Offers.
As part of this large-scale leadership facelift, current CEO and co-founder Gary Keller will shift from CEO to the role of executive chairman of KWx. Josh Team — who previously led KW Labs as chief innovation officer prior to being named president — will stay on as president of Keller Williams Realty, the senior-most role of the franchise business, which will no longer have a CEO. Keller’s CEO duties of the franchisor arm will be transferred to Team.

Some are reading a lot of drama into this. But my guess is they are simply preparing for an IPO. I’ve always been super curious about their revenue makeup and if they go public all this information with be accessible.