---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-018439"
form_type: "8-K"
ticker: "EXPI"
cik: "0001495932"
company_name: "eXp World Holdings, Inc."
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T06:35:10.643221+00:00"
event_type: "other"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CFO Jeff Whiteside resigns effective Dec 1; eXp named in class action antitrust lawsuit over broker commissions

## Summary
- Jeff Whiteside resigns as CFO and Chief Collaboration Officer; departure not due to any disagreement; effective Dec 1, 2023.
- Board will search for permanent CFO; CAO Jian 'Kent' Cheng to serve as interim principal financial officer if successor not appointed by Dec 1.
- Putative class action filed Nov 2 in N.D. Illinois (Batton v. Compass) alleges eXp participated in system inflating buyer broker commissions.
- Plaintiffs seek injunction, treble damages, and restitution under federal antitrust and state laws; company warns of potential material adverse effect.

## SEC filing metadata
- accession: 0001558370-23-018439
- form_type: 8-K
- ticker: EXPI
- cik: 0001495932
- company_name: eXp World Holdings, Inc.
- filed_at: 2023-11-09T23:59:59+00:00
- event_type: other
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1495932/000155837023018439/0001558370-23-018439-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1495932/000155837023018439/expi-20231102x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-018439
- JSON: https://secwatch.observer/filing/0001558370-23-018439.json
- Plain text: https://secwatch.observer/filing/0001558370-23-018439.txt

## Key facts
- Executive change
  Jeff Whiteside resigned as Chief Financial Officer and Chief Collaboration Officer at eXp World Holdings, Inc..
  - Action: resigned
  - Role: Chief Financial Officer and Chief Collaboration Officer
  source text: On November 4, 2023, Jeff Whiteside notified eXp World Holdings, Inc. (the “Company”) that he will be resigning as Chief Financial Officer and Chief Collaboration Officer of the Company, effective as of December 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1495932/000155837023018439/0001558370-23-018439-index.htm
- Executive change
  Jian "Kent" Cheng was appointed as Principal Financial Officer at eXp World Holdings, Inc..
  - Action: appointed
  - Role: Principal Financial Officer
  source text: the Board of Directors of the Company has appointed Jian “Kent” Cheng, the Company’s Chief Accounting Officer, to assume the additional role of principal financial officer, effective as of the Effective Date
  evidence_url: https://www.sec.gov/Archives/edgar/data/1495932/000155837023018439/0001558370-23-018439-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.