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CBRE reshuffles senior execs

CBRE Group today announced new leadership assignments for several key executives, effective on January 1, 2020.

BOB SULENTIC

In announcing the new assignments, Bob Sulentic, CBRE’s president and chief executive officer, said: “The moves we are making allow us to bring fresh perspective to the leadership of our three business segments, take maximum advantage of the individual strengths and talents of our senior leaders, and position the company for long-term succession.”

Bill Concannon, currently Global CEO, Global Workplace Solutions, will assume a new senior executive role – Global Group President, Clients and Business Partners.

Long one of the sector’s elite client-facing executives, Concannon will drive greater engagement with CBRE’s largest clients. His role change is in keeping with his plans to retire in the next several years and allows the company to prepare for his retirement.

Jack Durburg, currently Global Chief Operating Officer, will succeed Concannon as Global CEO, Global Workplace Solutions.

Chris Kirk, currently Chief Executive Talent & Administrative Officer, will become Global Chief Operating Officer.

BILL CONCANNON

Kirk was responsible for leading the implementation of the company’s recent reorganization and recruiting several top senior executives. In addition to his existing duties, he will assume responsibility for Marketing, Research and the coordination of M&A activity between the company’s business units and Corporate Development team.

Mike Lafitte, currently Global CEO, Advisory Services, will become Global CEO, Real Estate Investments. This new role will capitalize on Mr. Lafitte’s deep base of relationships, broad experience and strong leadership abilities. He has also been an astute investor of the company’s capital over many years.

Darcy Mackay, Chief People Officer, will be elevated to the company’s Executive Committee.

Daniel Queenan, currently Global CEO, Real Estate Investments, will become Global CEO, Advisory Services.

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