Christopher Czarnecki joined Keller Williams as president and CEO, replacing past president and CEO Mark Willis, who stepped down in January. Czarnecki is the former CEO of real estate investment trust Broadstone Net Lease.

“I am thrilled to welcome Chris to our leadership team,” founder Gary Keller said in a press release. “With his strong leadership and experience in building high performing teams and platforms, I am confident we will help agents and franchisees accelerate their future and seize the massive opportunities ahead of them.”

Czarnecki comes to his new role with 20 years of real estate industry experience.

“Keller Williams has built a global position and an incredible culture of growth and entrepreneurial achievement, and I am thrilled to be part of its next chapter and to serve and support the entire Keller Williams family,” Czarnecki said.

Meanwhile, Keller Williams also announced a strategic partnership with investment firm Stone Point Capital, which will invest capital in the brokerage’s “growth and innovation,” including the expansion of agent branding, marketing resources, education, coaching, data and technology.

“We are very impressed by the business that Keller Williams’ agents and franchisees have built over the past 40 years and are looking forward to partnering with Keller Williams on the company’s next chapter of growth,” said Stone Point Chairman and Co-CEO Chuck Davis. “We believe that Keller Williams’ industry-leading agent and franchise network, training resources and technology platform position the company for continued success in the future, and we are proud to partner with them on the journey ahead.”

“The partnership with Stone Point is all about success — giving us the ability to continue to innovate, expand and provide even more value to franchisees, agents and their clients,” Czarnecki added.