CBRE Group, Inc. Announces Executive Appointments in Asia Pacific Region and Investment Management Business
August 24 2015 - 9:00PM
Business Wire
CBRE Group, Inc. (NYSE:CBG) today announced two executive
leadership appointments:
Daniel Queenan will assume new leadership responsibilities as
Chief Operating Officer, CBRE Global Investors, the company’s
investment management subsidiary. Mr. Queenan has relocated back to
the U.S. after serving as Chief Executive Officer, Asia Pacific
(APAC), for the past two years. Mr. Queenan will have a broad
charter to help drive the strategy and operations for CBRE Global
Investors and will report to Matt Khourie, Chief Executive Officer,
CBRE Global Investors. He will also work closely with Ritson
Ferguson, recently named Chief Investment Officer, and the entire
CBRE Global Investors leadership team on all facets of the
business. Mr. Queenan will serve on CBRE Global Investors’
Executive Committee and Global Investment Committee.
Steven Swerdlow will assume new responsibilities as Chief
Executive Officer, Asia Pacific region. Mr. Swerdlow will oversee
all operations in APAC, and will report to Robert Blain, Executive
Chairman, APAC, who will retain overall responsibility for the
region. Mr. Swerdlow will also play a key role on the Asia Pacific
Strategic Group. A 25-year veteran of CBRE, Mr. Swerdlow has held a
wide range of senior leadership positions at the company. He will
maintain his management responsibilities for CBRE’s U.S. Western
Division and will split his time between Asia Pacific and the
U.S.
“Steve and Danny are two of our most accomplished executives,
and they are highly committed to our focus on exceptional client
service and operational excellence,” said Bob Sulentic, CBRE’s
president and chief executive officer. “Steve brings strong
leadership skills to his new role and will work closely with Rob to
drive further growth across Asia Pacific. Danny did an outstanding
job of partnering with Rob to lead Asia Pacific. His more than 20
years of operating and investment experience will be a great
complement to Matt, Ritson and our CBRE Global Investors team.“
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 and investment firm (in terms of
2014 revenue). The Company has more than 52,000 employees
(excluding affiliates), and serves real estate owners, investors
and occupiers through more than 370 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 website at www.cbre.com.
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CBRE Group, Inc.Robert McGrath,
212.984.8267robert.mcgrath@cbre.com
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