Luigi Favaro/OREA
Ontario Real Estate Association (OREA) CEO Luigi Favaro is currently on a leave of absence, nearly three months after stepping into the role.
In a letter sent to member board executive officers on Monday, OREA board president Cathy Polan confirmed Favaro’s leave, and said she will assume the role of acting CEO on an interim basis to maintain leadership continuity.
In the letter, which was obtained by Real Estate Magazine, she asked members to respect Favaro’s privacy during his time away and to refrain from contacting him directly.
Favaro was appointed OREA’s next CEO in July after serving 17 years with the association, most recently as vice-president of partnerships. He officially stepped into the top role on Sept. 2. His appointment was widely viewed as a continuation of OREA’s internal leadership momentum, drawing on his extensive experience within the organization.
OREA has not released further details regarding Favaro’s leave. The association did not respond to a request for comment in time for publication.
