NYC Brokerage Compass Parts Ways With Chief Technology Officer Joseph Sirosh
- Brokerage is cutting costs as the US housing market slows
- Sirosh sold 40% of his shares in Compass, collecting $868,000
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Compass Inc. said it’s parting ways with Chief Technology Officer Joseph Sirosh as part of a cost-reduction program, a week after the executive sold 40% of his shares in the real estate brokerage.
Sirosh, who previously worked at Microsoft Corp., was hired by Compass in late 2018. He offloaded more than 222,460 shares last week and collected $868,000 in proceeds, according to a regulatory filing that said the sales were made under a plan set in May. He didn’t immediately respond to a request for comment.