Following a slew of distressing sexual harassment claims, Kenny Parcell, the president of the National Association of Realtors (NAR), has tendered his resignation.
Two days after the New York Times published an article detailing complaints from current and former NAR workers, including improper touching, and sending lewd images and texts, Parcell announced his departure.
In 2021, Parcell was selected to serve as NAR’s president-elect. NAR is a non-profit real estate association with over $1 billion in assets. The Times’ research also revealed a “deep-rooted system of intimidation” at NAR intended to silence staff members who reported such behavior. It includes testimony from 29 current and former NAR employees and mentions 16 complaints of sexual harassment or inappropriate conduct against Parcell.
The issue has shocked the real estate sector, which prides itself on honesty, openness, and professionalism. This has sparked discussions about the duty of leaders to uphold moral behavior and promote a secure and welcoming atmosphere. The scenario as it develops calls into question the responsibility of leaders, the function of organizations in dealing with such problems, and the necessity of industry-wide cultural change.
NAR’s chief executive Bob Goldberg apologized to all who are employes at NAR.
Tracy Kasper, NAR’s president-elect, will take over early and complete Parcell’s one-year tenure as president, which was set to end in November.
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