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    Home»Real Estate News»Douglas Elliman’s Long Island CEO to Step Down

    Douglas Elliman’s Long Island CEO to Step Down

    Team_WorldEstateUSABy Team_WorldEstateUSAOctober 13, 2026No Comments4 Mins Read
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    One other regional head is leaving Douglas Elliman, The Actual Deal has realized. 

    Todd Bourgard, the brokerage’s chief govt officer of its Lengthy Island, Hamptons & North Fork areas, is stepping down. Bourgard introduced the choice on Oct. 2, sources informed TRD. Bourgard confirmed he will probably be with the agency via the top of the month. 

    Bourgard has held the management place on the agency since 2023. He labored as an agent in Hampton Bays for 17 years earlier than Elliman tapped him to handle its gross sales workplace, and added Westhampton Seashore and Quogue to his purview earlier than taking up all the Hamptons and North Fork in 2019 and 2022, respectively.

    Bourgard’s step again marks the third regional chief to go away the agency within the final three months. In August, Richard Ferrari announced he was stepping down from his function as the top of Elliman’s New York Metropolis brokerage. Then firstly of September, Elliman parted ways with Peter Hernandez, the top of its Western area. 

    The strikes depart an obvious energy vacuum on the regional stage, however in an interview with The Actual Deal, CEO Michael Liebowitz confirmed that the agency is planning to maneuver away from a mannequin with regional CEOs. 

    Bourgard stated he wasn’t conscious of the agency’s plans, which had nothing to do together with his determination. “That’s nothing that they’ve mentioned with me,” he stated. 

    Whereas Bourgard’s determination was his personal, Liebowitz stated it allowed the agency to consolidate operations even additional. 

    “For those who take a look at all these companies, they’re too top-heavy,” he stated of competing brokerages. “We’re going to have the areas nearer to 1 one other.” 

    What which means in apply is that the New York Metropolis and suburban New York areas will report back to Jamie Gagliano, the agency’s recently hired chief operating officer. When requested in regards to the Western area, Liebowitz declined to remark, saying “we are able to’t give away every thing we’re doing.” 

    Who, particularly, will report back to Gagliano, is as much as her, in response to Liebowitz. “She’ll arrange a reporting construction, she’s visiting the areas and doing all of the issues that she must do,” he stated. 

    However “will it’s referred to as a regional CEO,” he stated of who in the end stories to Gagliano. “In all probability not.” 

    “I believe that construction is an outdated approach of doing enterprise,” Liebowitz stated. 

    Along with Gagliano, the agency additionally hired Lena Johnson, former One Sotheby’s chief marketing officer, in April to steer the agency’s nationwide brokerage. Johnson’s focus has been on overseeing the brokerage’s enlargement into new luxurious markets and recruiting. 

    Liebowitz has additionally sought to modernize the enterprise via know-how. In July, Douglas Elliman introduced it was overhauling its tech infrastructure, together with launching a brand new firm powered by Google Cloud AI. 

    Liebowitz beforehand predicted that streamlining and automating its operations would result in a “vital quantity” of headcount discount, and a lower in brokers within the trade general. 

    The regional head departures come as Elliman has additionally turned over quite a few different C-suite roles within the final yr.  

    In December 2025, the corporate introduced on former vice chairman of selling Natalie Passerini as chief marketing officer. In February 2026, Caitlin Chagan returned after lower than a yr to function the president of Douglas Elliman Improvement Advertising and marketing in New York, the place she had labored for a decade earlier than departing for a improvement startup. 

    Elliman additionally employed Chris Reyes from Brown Harris Stevens to function chief know-how officer in November 2025.

    Learn extra

    Top broker team exec joins Elliman as national brokerage COO


    Peter Hernandez and Michael Liebowitz

    Western brokerage head Peter Hernandez out at Douglas Elliman


    Douglas Elliman NYC CEO Richard Ferrari

    Richard Ferrari steps down as head of Douglas Elliman’s NYC brokerage






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