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Borenstein To Step Down As President Of Move

February 26, 2009 (FinancialWire) -- Online real estate firm Move, Inc. (NASDAQ: MOVE) said that Lorna Borenstein, the company's president, has decided to step down effective March 13. Steven Berkowitz, who was named Move's chief executive officer on January 21, will assume responsibility for Borenstein's duties.

Borenstein has been in her current role for the past two years. Berkowitz said, "She has been a valuable resource for me over the past month as I have transitioned from the board to the CEO role and we wish her all the best in her future endeavors."

Westlake Village, California-based Move runs an online network of real estate sites. The company offers information on new homes and rental listings, moving, home and garden and home finance.

Move's sites include Realtor.com, Welcome Wagon, Moving.com, SeniorHousingNet and Top Producer Systems.

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