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Power 200 Rank

97

Dorothy “Dottie” Herman

Chief Executive Officer

Douglas Elliman

Herman remains a powerful leader in the industry after selling her 29 percent stake in Douglas Elliman in late 2018 for $40 million. Still officially CEO and spokesperson for the company, she stepped away from day-to-day operations after selling her stake in the company. Douglas Elliman’s over 7,000 agents do over $45 billion in annual sales.

Evaluating Leaders

Leaders are evaluated based on the office they hold, the decision-making power associated with the office, the financial resources at their disposal, their organization’s industry significance and geographical reach, public announcements about imminent changes, their tenure and their personal influence in the industry.