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CBRE Group Inc (CBRE.N)

CBRE.N on New York Stock Exchange

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18 Dec 2018
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Summary

Name Age Since Current Position

Brandon Boze

37 2018 Independent Chairman of the Board

Robert Sulentic

61 2012 President, Chief Executive Officer, Director

James Groch

56 2014 Chief Financial Officer, Global Director - Corporate Development

William Concannon

62 2018 Global Group President and Chief Executive Officer—Global Workplace Solutions

Jack Durburg

2018 Group President and Chief Executive Officer - Americas

T. Ritson Ferguson

58 2016 Chief Executive Officer—CBRE Global Investors

Daniel Queenan

2018 Group President - Real Estate Investments and President - CBRE Global Investors

Martin Samworth

2018 Group President and Chief Executive Officer - Europe Middle East and Africa

Laurence Midler

53 2014 Executive Vice President, General Counsel, Secretary

Dara Bazzano

49 2018 Chief Accounting Officer

James Kirk

52 2012 Chief Administrative Officer

Michael Lafitte

57 2017 Global Group President

Beth Cobert

59 2017 Independent Director

Curtis Feeny

60 2006 Independent Director

Reginald Gilyard

54 2018 Independent Director

Christopher Jenny

62 2016 Independent Director

Gerardo Lopez

59 2015 Independent Director

Paula Reynolds

61 2016 Independent Director

Laura Tyson

70 2010 Independent Director

Raymond Wirta

74 2018 Independent Director

Sanjiv Yajnik

61 2017 Independent Director

Steve Laco

2013 Senior Managing Director - Investor Relations and Corporate Communications

Biographies

Name Description

Brandon Boze

Mr. Brandon B. Boze is an Independent Chairman of the Board of CBRE Group Inc, effective May 2018. Mr. Boze brings to our Board experience in finance, strategy and mergers and acquisitions as well as deep knowledge of our business as a Partner at a significant stockholder. He previously served on the board of directors of Valeant Pharmaceuticals International. Mr. Boze holds a B.E. from Vanderbilt University and is a CFA charterholder.

Robert Sulentic

Mr. Robert E. Sulentic is the President, Chief Executive Officer, Director of CBRE Group Inc. Mr. Sulentic previously served as the President of our Development Services business from December 2006 to April 2011, as our Chief Financial Officer from March 2009 until March 2010 and as our Group President from July 2009 until March 2010. Mr. Sulentic was a member of our Board and Group President of Development Services, Asia Pacific and Europe, Middle East and Africa (EMEA) from December 2006 through March 2009. He was President and Chief Executive Officer of Trammell Crow Company from October 2000 through our acquisition of that company in December 2006, and prior to that served as its Executive Vice President and Chief Financial Officer from September 1998 to October 2000. Mr. Sulentic brings to our Board a significant operating background in the commercial real estate industry through extensive experience, previously with the Trammell Crow Company before its acquisition by us, and later with the company in his capacities as Group President of several service lines, as our Chief Financial Officer, and currently as our President and CEO. He previously served as the Independent Board Chair and member of the board of directors of Staples, Inc., and previously served on the board of directors of Trammell Crow Company from December 1997 through December 2006, including as its Chairman from May 2002 through December 2006. Mr. Sulentic holds a B.A. from Iowa State University and an M.B.A. from Harvard Business School.

James Groch

Mr. James R. Groch is Chief Financial Officer, Global Director of Corporate Development of CBRE Group Inc. Mr. Groch has been our Chief Financial Officer and Global Director of Corporate Development since March 2014. He previously served as our Global Chief Investment Officer and Executive Vice President, Strategy and Corporate Finance from January 2009 to March 2014. From 2006 to 2009, he served as the Chief Investment Officer, President of Funds and Investment Management and Director of Corporate Finance of our subsidiary Trammell Crow Company; he served in the Chief Investment Officer role at Trammell Crow Company from 1998 and added the roles of President of Funds and Investment Management and Director of Corporate Finance from 2000 until our acquisition of Trammell Crow Company in December 2006. From 1997 to 1998, Mr. Groch served as Trammell Crow Company’s President of Development and Investments for the Eastern U.S., and was a Managing Director of Trammell Crow Northeast from 1991 until 1997. In 1988, Mr. Groch became a partner in Trammell Crow Company after joining the company three years earlier. Mr. Groch holds a B.A. of Economics from Dickinson College and an M.B.A. from Darden School of Business at the University of Virginia.

William Concannon

Mr. William F. Concannon is the Global Group President and Chief Executive Officer—Global Workplace Solutions of CBRE Group Inc. Mr. Concannon is the Chief Executive Officer — Global Workplace Solutions of the Company. He served as President of this business line from August 2009 until September 2015, and as Vice Chairman of this business line from 2006 until August 2009. Mr. Concannon served as Vice Chairman, from June 2003, and as director, from 1991, of Trammell Crow Company, a diversified commercial real estate firm, until its acquisition by CBRE in December 2006. From February 2001 to June 2003, Mr. Concannon was the president of the global services group of Trammell Crow Company. Mr. Concannon has also served as the president and chief executive officer of Trammell Crow Corporate Services, a real estate company, and from 2002 to 2006, he served on the board of directors of FPD Savills, a real estate company based in the United Kingdom. Mr. Concannon is a member of the board of directors of CRA International, Inc. He holds a B.S. from Providence College.

Jack Durburg

Mr. Jack Durburg is the Group President and Chief Executive Officer - Americas of CBRE Group Inc. Mr. Jack Durburg oversees CBRE’s largest operating unit, a business with more than $7.8 billion of revenue and 35,000 employees. He has responsibility for all the firm’s geographies and business lines within the Americas region. Mr. Durburg serves as a member of the company’s Global Operating Committee, and also chairs the Americas Strategy Group. Prior to his current role, Jack was Global President, Advisory & Transaction Services. CBRE’s Advisory & Transaction Services encompasses leasing across all product types (office, industrial and retail) for occupiers and investors as well as asset sales that are not income producing. Jack focused on driving strong growth and cementing CBRE’s market-leading position throughout all Advisory & Transaction Services product lines around the globe. Earlier, Jack served as President, Central Division for CBRE. In this role, Jack directed a geographical division encompassing more than 25 offices across nine states, with responsibility for all lines of business. Before that, Jack served as Executive Managing Director and overall market leader for CBRE’s Chicago region. With 30 years in the business, Mr. Durburg is well versed in all aspects of commercial real estate and serves as an advisor to the leaders of major corporations and institutional owners. He is one of the foremost industry experts, a sought-after speaker and respected CBRE leader. Prior to joining CBRE in 2001, Mr. Durburg served a six-year tenure at Jones Lang LaSalle, Inc., Chicago, where he served as Vice President and Regional Leasing Director.

T. Ritson Ferguson

Mr. T. Ritson R. Ferguson is the Chief Executive Officer — CBRE Global Investors of CBRE Group Inc. Mr. Ferguson served as Chief Executive Officer and Co-Chief Investment Officer of ING Clarion Real Estate Securities, LLC from 1992 until our acquisition of that company in July 2011. Earlier in his career, Mr. Ferguson worked at K.S. Sweet Associates, Bain & Company and Trammell Crow Company, and served as a captain in the U.S. Air Force. He currently serves on the board of trustees of CBRE Clarion Global Real Estate Income Fund, which is a CBRE Clarion Securities-managed investment fund. Mr. Ferguson holds a B.S. from Duke University and an M.B.A. from the Wharton School of the University of Pennsylvania, and is a CFA charterholder.

Daniel Queenan

Mr. Daniel Queenan is the Group President - Real Estate Investments and President - CBRE Global Investors of CBRE Group Inc. Mr. Queenan is also President of CBRE Global Investors. In this role, he has executive responsibility for the firm’s regional businesses with the leaders of the Americas, EMEA, and Asia Pacific reporting directly to him. He is a member of the Global Executive Committee and co-chairs the Global Leadership Team, working closely with both groups in all facets of the business with a focus on the operating platform around the globe and spearheading select global initiatives focused on enhancing service delivery and efficiency. Additionally, he is a member of the Global Investment Committee. The TCC business reports to Mr. Queenan and he serves on TCC’s Board of Directors. Mr. Queenan also serves as a member of CBRE’s Global Operating Committee. Mr. Queenan previously served as the Chief Executive Officer of TCC as well as Chief Executive Officer and COO of CBRE’s Asia Pacific business. In the latter two roles, he was responsible for the operational management of CBRE’s Asia Pacific business, working with country and business line leaders to drive growth, achieve operational excellence and deliver superior client service. Prior to joining TCC, he was President and Chief Executive Officer of Opus North Corporation, a large U.S. real estate development company. Having begun his real estate career in 1995, Mr. Queenan is a seasoned principal investor with experience sourcing, structuring and financing large-scale real estate deals. Mr. Queenan earned a Bachelor of Arts degree from Marquette University and Juris Doctor degree from William Mitchell College of Law

Martin Samworth

Mr. Martin Samworth is the Group President and Chief Executive Officer - Europe Middle East and Africa of CBRE Group Inc. Martin served as Managing Director, EMEA before his promotion to CEO in March 2014 and was Managing Director of CBRE in the UK from 2003 to December 2012. From February 2010 he was also Managing Director of the Nordics region (Denmark, Finland and Sweden). With 35 years in the real estate industry, Martin started his career at CBRE specialising in investment and development finance. He subsequently held leadership positions including Head of Investment and Managing Director of Commercial Markets. He has also been instrumental in numerous corporate acquisitions across EMEA.

Laurence Midler

Mr. Laurence H. Midler is the Executive Vice President, General Counsel, Secretary of CBRE Group Inc. Mr. Midler previously served as our Chief Compliance Officer from April 2004 to January 2014. Mr. Midler served as Executive Vice President, General Counsel and Secretary to Micro Warehouse, Inc., from July 2001 until the acquisition of its North American businesses in September 2003. Mr. Midler began his legal career as an associate at Latham & Watkins, a global law firm, in 1990. He holds a B.A. from the University of Virginia and a J.D. degree from The New York University School of Law.

Dara Bazzano

Ms. Dara Bazzano is the Chief Accounting Officer of CBRE Group Inc. Ms. Bazzano joined in April 2018. She had previously served as Global Controller and Chief Accounting Officer at The Gap, Inc., where she led all aspects of the company’s accounting, shared services and control functions. Earlier, she was a Partner at PwC and at KPMG where she held numerous roles over 13 years, including serving as a technical leader in the national office of KPMG. She joined the Company as Senior Vice President, Global Finance in April 2018. Prior to joining the Company, Ms. Bazzano served as the Chief Accounting Officer at The Gap Inc., a public global clothing and accessories retailer, from May 2017 to April 2018 and as Vice President and Corporate Controller from July 2013 to April 2018. Prior to that, Ms. Bazzano served as an Assurance Partner at PricewaterhouseCoopers LLP from March 2011 to June 2013 and an Audit Partner at KPMG LLP from January 2006 to March 2011.

James Kirk

Mr. James Christopher Kirk is the Chief Administrative Officer of CBRE Group Inc. Mr. Kirk was our Global Director of Human Resources from June 2010 to July 2012. Mr. Kirk previously served as the Chief Operating Officer from 2007 to July 2011 and General Counsel from 2001 to 2011 of Trammell Crow Company. Prior to joining Trammell Crow Company, Mr. Kirk was a partner at the Dallas office of Vinson & Elkins LLP, where he was a corporate finance, securities and M&A lawyer. Mr. Kirk holds a B.B.A. and an M.B.A. from the University of Texas and a J.D. from the University of Texas School of Law.

Michael Lafitte

Mr. Michael J. Lafitte is the Global Group President of CBRE Group Inc. Mr. Lafitte is the Global Group President - Lines of Business and Client Care of the Company. He previously served as our Chief Operating Officer from February 2013 to June 2016, Global President of our Services business from July 2012 to February 2013 and prior to that was the President of our Americas region from August 2009 to July 2012. Prior to that, he served as President of our Institutional & Corporate Services business beginning in December 2006. He served as President, Global Services of Trammell Crow Company from June 2003 until our acquisition of that company in December 2006, and prior to that served as Trammell Crow Company’s Chief Operating Officer, Global Services beginning in September 2002. Mr. Lafitte holds a B.B.A. from the University of Texas and an M.B.A. from Southern Methodist University.

Beth Cobert

Ms. Beth Cobert is an Independent Director of CBRE Group Inc. Ms. Cobert has served as the Chief Executive Officer of Skillful, a non-profit organization focused on creating a skills-based labor market, since June 2017. She previously served as the Acting Director of the U.S. Office of Personnel Management from July 2015 to January 2017, and as the Deputy Director for Management of the U.S. Office of Management and Budget from October 2013 to July 2015. From 2001 to October 2013, Ms. Cobert served as a Senior Partner at McKinsey & Company, a global business strategy consulting firm. From 1990 to 2001, Ms. Cobert was a Partner at McKinsey & Company. She joined the firm in 1984 as an Associate and served in various leadership roles at McKinsey & Company. Ms. Cobert brings to our Board nearly 30 years of experience as a consultant in business strategy, where she worked with corporate, non-profit and government entities on key strategic, operational and organizational issues across a range of sectors, including financial services, health care, legal services, real estate and telecommunications. Our Board also benefits from Ms. Cobert’s government service. Ms. Cobert previously served as a member of the board of directors and chair of the United Way of the Bay Area and as a member of the Stanford University Graduate School of Business Advisory Council. Ms. Cobert holds a B.A. from Princeton University and an M.B.A. from Stanford University.

Curtis Feeny

Mr. Curtis F. Feeny is an Independent Director of CBRE Group Inc. Mr. Feeny has been a Managing Director of Silicon Valley Data Capital, a venture capital firm, since July 2017. He previously served as a Managing Director of Voyager Capital, a venture capital firm, from January 2000 to December 2017. From 1992 through 1999, Mr. Feeny served as Executive Vice President of Stanford Management Co., which manages the Stanford University endowment. Mr. Feeny brings broad knowledge of the commercial real estate industry and our business from his service as an employee and later director of Trammell Crow Company as well as from his many years of service as Chair of our Audit and Finance Committee. He also has broad experience counseling companies through growth and experience in corporate finance matters. Mr. Feeny previously served on the board of directors of Staples, Inc. and Trammell Crow Company, which we acquired in 2006. Mr. Feeny holds a B.S. from Texas A&M University and an M.B.A. from Harvard Business School.

Reginald Gilyard

Mr. Reginald (Reggie) Harold Gilyard is Independent Director of the company. Mr. Gilyard is an accomplished business and financial advisor with nearly 30 years of leadership in corporate, academic and military organizations. He is a Senior Advisor with The Boston Consulting Group (BCG) and has developed and implemented strategies for Fortune 500 companies, educational institutions, and foundations. Most recently, Mr. Gilyard served as Dean of the Argyros School of Business and Economics at Chapman University from 2012 to 2017. Prior to Chapman, Mr. Gilyard was a Partner and Managing Director with BCG, where he led strategy, M&A and business transformation initiatives for large corporations, from 1996 to 2012. He served nine years in the U.S. Air Force and three years in the U.S. Air Force Reserves, rising to Major in the Reserves. Mr. Gilyard serves on the Board of Directors of First American Financial Corporation (NYSE: FAF) and Realty Income Corporation (NYSE: O). Mr. Gilyard holds a B.S. degree from the U.S. Air Force Academy, M.S. from the Air Force Institute of Technology and M.B.A. from Harvard Business School. He is the Board Chair of Pacific Charter School Development, which has built more than 60 schools serving low income families in urban centers across the country.

Christopher Jenny

Mr. Christopher T. Jenny is an Independent Director of CBRE Group Inc. Mr. Jenny has served as a Senior Advisor to Parthenon-EY since January 2016 and was a Senior Managing Director at Parthenon-EY from August 2014 through December 2015. He previously served as President and Senior Partner with The Parthenon Group LLC, a Boston-based private management consulting and management firm, from 1995 to 2014 prior to its merger with Ernst & Young in August 2014. Prior to joining The Parthenon Group LLC in 1995, Mr. Jenny was a Partner with Bain & Company, Inc., a global business strategy consulting firm. Mr. Jenny brings to our Board more than twenty years of experience as a consultant in business strategy, and has worked on issues related to business-unit strategy, profit improvement and mergers and acquisitions. In addition, he has experience as a senior operating executive and has managed portfolio companies for two of the nation’s leading private-equity firms. He is a member of the board of directors of The Guardian Life Insurance Company of America, Mobile Virtual Player and PLT4M. He previously served on the board of directors of Mac-Gray Corporation. Mr. Jenny holds a B.A. from Dartmouth College and an M.B.A. from Harvard Business School.

Gerardo Lopez

Mr. Gerardo I. Lopez is an Independent Director of CBRE Group Inc. Mr. Lopez has served as the President and Chief Executive Officer of Extended Stay America, Inc. and its paired-share REIT, ESH Hospitality, Inc., since August 2015. Mr. Lopez previously served as President and Chief Executive Officer of AMC Entertainment Holdings, Inc. and its subsidiary, AMC Entertainment Inc., from March 2009 through August 2015. Prior to that, he was Executive Vice President of Starbucks Coffee Company and President of its Global Consumer Products, Seattle’s Best Coffee and Foodservice divisions from September 2004 to March 2009, and President of the Handleman Entertainment Resources division of Handleman Company from November 2001 to September 2004. Mr. Lopez has also held a variety of executive management positions with International Home Foods, Frito Lay, Pepsi-Cola and the Procter & Gamble Company. Mr. Lopez brings to our Board his skills, knowledge and business leadership as a senior executive at hospitality, entertainment and consumer products companies. He has over 30 years of experience in marketing, sales and operations and management in public and private companies and has public-company experience across diverse consumer-focused industries. He is a member on the board of directors of Brinker International, Inc., and previously served on the board of directors of Extended Stay America, Inc., AMC Entertainment Holdings, Inc., Digital Cinema Implementation Partners, National Cinemedia, LLC, Open Road Films, Safeco Insurance, TXU, Inc. and Recreational Equipment, Inc. Mr. Lopez holds a B.A. from George Washington University and an M.B.A. from Harvard Business School.

Paula Reynolds

Ms. Paula Rosput Reynolds is no longer Independent Director of CBRE Group Inc effective on May, 2019. Ms. Reynolds has been the Chief Executive Officer and President of PreferWest, LLC, a business advisory group, since September 2009. She was Vice Chairman and Chief Restructuring Officer of American International Group from October 2008 to September 2009, where she oversaw its divestiture of assets and served as chief liaison to the Federal Reserve Bank of New York. From 2006 to 2008, she served as President and Chief Executive Officer of Safeco Corporation, a casualty insurance company, until its acquisition by Liberty Mutual Group. Ms. Reynolds was Chairman of AGL Resources from 2002 to 2005 and its President and Chief Executive Officer from 2000 to 2005. She was President and Chief Operating Officer of Atlanta Gas Light Company, a wholly-owned subsidiary of AGL Resources, from 1998 to 2000. She holds a B.A. degree from Wellesley College.

Laura Tyson

Dr. Laura D'Andrea Tyson, Ph.D. is an Independent Director of CBRE Group Inc. Dr. Tyson has been a Distinguished Professor of the Graduate School, Haas School of Business, University of California, Berkeley since July 2016. She was a Professor at the Haas School of Business, University of California, Berkeley from January 2007 to July 2016 and has also been the Director of the Institute for Business and Social Impact at the Haas School since July 2013. Dr. Tyson was previously Dean of the London Business School from January 2002 to December 2006 and Dean of the Haas School of Business from July 1998 to December 2001, and was Professor of Business Administration and Economics there from January 1997 to June 1998. She was a member of President Clinton’s cabinet from 1993 through 1996. During that time, she served as the Chair of the National Economic Council and as the National Economic Adviser to the President of the United States from February 1995 to December 1996, and she was the first woman to Chair the White House Council of Economic Advisers, in which capacity she served from January 1993 to February 1995. Dr. Tyson brings experience from serving on the boards of directors of complex global organizations, and is a noted economist who brings experience in government and broad knowledge of macroeconomics and international economic issues to our Board. Dr. Tyson served as a member of President Obama’s Economic Recovery Advisory Board from 2009 through 2011, as a member of President Obama’s Council on Jobs and Competitiveness from 2011 through 2012, and as a member of the U.S. State Department Foreign Affairs Policy Board from 2011 through 2013. She is a member on the board of directors of AT&T Inc. She also serves as Chair of the Board of Trustees of the Blum Center for Developing Economies at the University of California, Berkeley and is a member of the board of directors of the non-profit Jacobs Foundation.

Raymond Wirta

Mr. Raymond E. Wirta is an Independent Director of CBRE Group Inc, effective May 2018. Mr. Wirta is no longer Independent Non-Executive Chairman of the Board of the Company effective May 2018. He has been the Independent Chair of our Board since May 2014 and was previously the Vice Chair of our Board from November 2013 to May 2014. He has served as the President of the Investment Properties Group at the Irvine Company since June 2010 and as Chief Executive Officer of The Koll Company since November 2009. Mr. Wirta served as our Chief Executive Officer from September 2001 to June 2005, and Chief Executive Officer of our predecessor company, CBRE Services, Inc., from May 1999 to September 2001. He also served as Chief Operating Officer of that predecessor company from May 1998 to May 1999. Mr. Wirta served as a director and Non-Executive Chairman of Realty Finance Corporation, where he was the Chairman from May 2005 through August 2009. He also served as Interim Chief Executive Officer and President of that company from April 2007 to September 2007. Mr. Wirta brings to our Board many years of experience in the commercial real estate industry, including a depth of knowledge about the real estate investment management and development services business and operational experience in our business operations as our former chief executive officer. Mr. Wirta holds a B.A. from California State University, Long Beach and an M.B.A. from Golden Gate University.

Sanjiv Yajnik

Mr. Sanjiv Yajnik is an Independent Director of CBRE Group Inc. Since 2009, Mr. Yajnik has served as President of Capital One Financial Services, a Division of Capital One. Mr. Yajnik is also President and Director of Capital One National Association, one of Capital One's two national bank subsidiaries, and serves on Capital One's Executive Committee. In addition, Mr. Yajnik oversees Capital One's community relations throughout Texas, Oklahoma and Louisiana as President of the company's South Central Region. Since joining Capital One in 1998, he has held a number of senior leadership positions in Europe, Canada and the United States. Prior to Capital One, he held leadership positions at PepsiCo and Circuit City and was a Chief Engineer for Mobil Oil Corporation's shipping business. Mr. Yajnik also serves on several Boards. In November 2015, he was appointed by Texas Governor Greg Abbott to be Chairman of the Texas Economic Development Corporation. He is also the Chairman of the Dallas Symphony Association, and leads the Board of Governors in overseeing the direction and governance for the Dallas Symphony Orchestra. Mr. Yajnik brings to our board his broad business background and his experience in leading the transformation of a large, service-oriented global organization through technology enablement. Mr. Yajnik has spent the past two decades in financial services, with a wide range of experience in the U.S and international markets. He received an M.B.A. with honors from the University of Western Ontario, Canada, and completed the Executive Management Program at Stanford University. He is a medalist Chartered Engineer (I), and graduated with distinction from the Marine Engineering Research Institute, India.

Steve Laco

Mr. Steve Laco is Senior Managing Director - Investor Relations and Corporate Communications of the Company. He has overall responsibility for CBRE’s internal/employee communications, publicity/media relations, and financial/investor communications on a global basis. He also collaborates closely with the Chief Marketing Officer on brand positioning activities. With more than three decades of experience – including more than two decades at CBRE and its predecessor companies -- Mr. Iaco leverages CBRE’s inherent strengths to help shape its public image, reputation and the high esteem for its brand by ensuring its messages are effectively delivered to internal and external audiences.