Cushman & Wakefield has reshuffled leadership of it’s revenue pumping Global Occupier Services.
Todd Schwartz, the group’s Global Chief Operating Officer, Mark Wanic, Head of Americas Occupier Services, and Richard Middleton, Head of EMEA and Asia Pacific Occupier Services will co-lead the division.
The appointments follow John Santora being named Chief Executive Officer for North America. Schwartz, Wanic and Middleton have also been appointed to the firm’s Global Management Committee.
Global Occupier Services, which creates solutions for real estate portfolios, has more than doubled its revenue and earnings since becoming a major focus of C&W in 2010.
The leadership team will co-manage Cushman’s continued investment in the business and co-ordinate global account teams.
The trio of new leaders has been at the forefront of Cushman’s drive to help global clients handle their corporate real estate challenges, from acquiring and managing and their properties to expanding and contracting workforce issues and sustainability.
Over the past four years, Schwartz has supported the growth of several service lines and co-ordinated C&W’s acquisition of Cousins Properties’ third party management business in 2012.
He will oversee the business planning and day-to-day operational functions of the Global Occupier Services group.
Wanic and Middleton will manage the goals, objectives, and financial performance of the Global Occupier Services group across their respective regions.
Wanic has been part of Cushman’s aggressive recruitment of new Occupier leaders and teams to over the past eight years.
With a background in international real estate operations and global corporate sales, he previously worked Global Channel Partner Sales Operations at CA (Computer Associates, Inc.)
He lived in the Netherlands from 1997 to 2000 and directed Lucent’s International Real Estate Operations.
Middleton has more than 25 years of real estate experience and has been with Cushman & Wakefield in Asia Pacific since 1997, based in both Hong Kong and Beijing.
In 2010, he took over the leadership of Corporate Occupier & Investor Services in Asia Pacific and he played a leading role in the 2013 acquisition of Singapore-based Project Solution Group.
Prior to joining C&W, he spent six years with Jones Lang LaSalle, both in Hong Kong and London, after having started his career at Property Market Analysis in the UK.