Robert E. Sulentic Becomes President & Chief Executive Officer at CBRE Group, Inc.
LOS ANGELES--(BUSINESS WIRE)--
CBRE Group, Inc. (NYSE:CBG) today announced that Robert E. Sulentic
assumed the position of President & Chief Executive Officer on December
1, 2012. Mr. Sulentic succeeded Brett White, who, as previously
announced, retired on November 30, 2012.
Mr. Sulentic also joined CBRE’s Board of Directors, which has expanded
to 11 members. Mr. White also remains a member of the Board.
“CBRE is a unique organization, and I am honored to serve as its CEO,”
Mr. Sulentic said. “Our Company has many strengths, including our brand,
culture, depth of resources and market intelligence, and most of all,
our exceptional people. I look forward to working with our talented team
to enhance our position across markets and business lines globally,
drive growth, and produce excellent outcomes for clients, employees and
shareholders.”
Mr. Sulentic most recently served as President of CBRE, where he had
direct responsibility for running all business lines and operating
segments. He also previously served as Chief Financial Officer, and
before that, Group President with responsibility for the EMEA, Asia
Pacific and Development Services businesses. Mr. Sulentic joined the
Company in 2006 with the acquisition of Trammell Crow Company, where he
was CEO at the time of the merger.
Mr. Sulentic is a graduate of Iowa State University (BA) and Harvard
Business School (MBA). He also serves on the Board of Directors of
Staples, Inc., based in Framingham, MA.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company
headquartered in Los Angeles, is the world’s largest commercial real
estate services firm (in terms of 2011 revenue). The Company has
approximately 34,000 employees (excluding affiliates), and serves real
estate owners, investors and occupiers through more than 300 offices
(excluding affiliates) worldwide. CBRE offers strategic advice and
execution for property sales and leasing; corporate services; property,
facilities and project management; mortgage banking; appraisal and
valuation; development services; investment management; and research and
consulting. Please visit our Web site at www.cbre.com.
CBRE Group, Inc. Gil Borok Chief Financial Officer 310-405-8909 or Nick
Kormeluk Investor Relations 949-809-4308 or Steve
Iaco Corporate Communications 212-984-6535
Press Release $CBG CBRE Group, Inc
LOS ANGELES--(BUSINESS WIRE)-- CBRE Group, Inc. (NYSE:CBG) today announced that Robert E. Sulentic assumed the position of President & Chief Executive Officer on December 1, 2012. Mr. Sulentic succeeded Brett White, who, as previously announced, retired on November 30, 2012.
Mr. Sulentic also joined CBRE’s Board of Directors, which has expanded to 11 members. Mr. White also remains a member of the Board.
“CBRE is a unique organization, and I am honored to serve as its CEO,” Mr. Sulentic said. “Our Company has many strengths, including our brand, culture, depth of resources and market intelligence, and most of all, our exceptional people. I look forward to working with our talented team to enhance our position across markets and business lines globally, drive growth, and produce excellent outcomes for clients, employees and shareholders.”
Mr. Sulentic most recently served as President of CBRE, where he had direct responsibility for running all business lines and operating segments. He also previously served as Chief Financial Officer, and before that, Group President with responsibility for the EMEA, Asia Pacific and Development Services businesses. Mr. Sulentic joined the Company in 2006 with the acquisition of Trammell Crow Company, where he was CEO at the time of the merger.
Mr. Sulentic is a graduate of Iowa State University (BA) and Harvard Business School (MBA). He also serves on the Board of Directors of Staples, Inc., based in Framingham, MA.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2011 revenue). The Company has approximately 34,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our Web site at www.cbre.com.
CBRE Group, Inc.
Gil Borok
Chief Financial Officer
310-405-8909
or
Nick Kormeluk
Investor Relations
949-809-4308
or
Steve Iaco
Corporate Communications
212-984-6535
Source: CBRE Group, Inc.