Lucas Vargas named CEO of VivaReal
24 Jun 2016
VivaReal, a leading real estate classified platform in Brazil, named Lucas Vargas new CEO and successor of co-founder Brian Requarth, who had moved to the board as executive chairman.
Neither Requarth nor Lucas Vargas was immediately available to comment on the move. The information went public from both executives’ LinkedIn profiles. Consequently, Vargas, previously COO of the company, was presented at the Conecta Imobi conference, held this week in Sao Paulo, as VivaReal’s CEO.
Requarth was VivaReal CEO for almost eight years, after launching the company in Colombia, and then moving it to Brazil to focus the vertical’s operations in the Portuguese-speaking nation.
Vargas spent two years and seven months as a senior associate consultant at Bain, was a co-founder and executive director at Deu Samba, a daily-deal start-up, for eight months, and worked as co-CEO at Groupon Brazil for more than a year, before heading to VivaReal.
At VivaReal, Vargas was sales VP, executive VP of sales and marketing, and COO for a combined period of three years and ten months.
VivaReal has raised $70 million U.S from investors and has been competing with Zap for the No. 1 position in terms of traffic. Zap is Brazil’s No. 1 real estate classified player by revenue.
For a more extensive coverage of VivaReal, search VivaReal in AIMGroup’s article archive, or read previous issues of Classified Intelligence Report (CIR).
Read a more comprehensive background to VivaReal by Brian Requarth here.