CBRE’s Board Appoints CEO Robert Sulentic as Board Chair
17 Novembro 2023 - 10:05AM
Business Wire
Shira Goodman Appointed Lead Independent
Director
CBRE Group, Inc. (NYSE:CBRE) today announced that its Board of
Directors has appointed Chief Executive Officer Robert Sulentic to
the additional role of Chair of the Board of Directors, effective
immediately.
Mr. Sulentic, who has served as President and CEO of CBRE since
December 2012, succeeds Brandon Boze, who has served as Chair since
May 2018 and will remain on the Board. Shira Goodman, former Chief
Executive Officer of Staples, Inc. and a Director since May 2019,
has been appointed Lead Independent Director.
Mr. Sulentic has partnered closely with Mr. Boze as Board Chair
over the past five-plus years to drive strategic, operational and
financial gains across the company.
“CBRE is well served by Bob’s appointment to Board Chair,” said
Mr. Boze. “He is an exceptional executive who has led CBRE to
significant growth and strong shareholder returns, an enhanced
global industry leadership position, markedly strengthened balance
sheet and improved employee engagement. I am pleased to hand the
Chair responsibilities to Bob, who has repeatedly demonstrated that
he is well placed to lead us forward, and Shira will be a highly
effective Lead Independent Director, who will leverage her broad
experience and knowledge of CBRE.”
“Unifying the CEO and Chair roles will enable us to build on the
company’s many accomplishments and drive its long-term strategy. I
look forward to working even more closely with Bob in the years
ahead,” said Ms. Goodman, whose background at CBRE includes serving
as Chair of the Audit Committee and Compensation Committee
member.
“I am honored to assume the added responsibilities as Board
Chair,” Mr. Sulentic said. “I want to thank Brandon for his strong
contributions as Board Chair and look forward to Shira’s seasoned
counsel as Lead Independent Director as well as the assistance of
the entire Board as we position CBRE for the future.”
About CBRE Group,
Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500
company headquartered in Dallas, is the world’s largest commercial
real estate services and investment firm (based on 2022 revenue).
The company has more than 115,000 employees (excluding Turner &
Townsend employees) serving clients in more than 100 countries.
CBRE serves a diverse range of clients with an integrated suite of
services, including facilities, transaction and project management;
property management; investment management; appraisal and
valuation; property leasing; strategic consulting; property sales;
mortgage services and development services. Please visit our
website at www.cbre.com. We routinely post important
information on our website, including corporate and investor
presentations and financial information. We intend to use our
website as a means of disclosing material, non-public information
and for complying with our disclosure obligations under Regulation
FD. Such disclosures will be included in the Investor Relations
section of our website at https://ir.cbre.com. Accordingly,
investors should monitor such portion of our website, in addition
to following our press releases, Securities and Exchange Commission
filings and public conference calls and webcasts.
Forward-Looking
Statements
This press release contains forward-looking statements within
the meaning of the “safe harbor” provisions of the Private
Securities Litigation Reform Act of 1995, including statements
regarding the Board’s plans and the company’s future growth
momentum, operations and business outlook. These forward-looking
statements involve known and unknown risks, uncertainties and other
factors that may cause the company’s actual results and performance
in future periods to be materially different from any future
results or performance suggested in forward-looking statements in
this press release. Any forward-looking statements speak only as of
the date of this press release and, except to the extent required
by applicable securities laws, the company expressly disclaims any
obligation to update or revise any of them to reflect actual
results, any changes in expectations or any change in events. If
the company does update one or more forward-looking statements, no
inference should be drawn that it will make additional updates with
respect to those or other forward-looking statements.
Additional information concerning factors that may influence the
company’s future performance under “Risk Factors,” “Management’s
Discussion and Analysis of Financial Condition and Results of
Operations,” “Quantitative and Qualitative Disclosures About Market
Risk” and “Cautionary Note on Forward-Looking Statements” in our
Annual Report on Form 10-K for the year ended December 31, 2022,
our latest quarterly report on Form 10-Q, as well as in the
company’s press releases and other periodic filings with the
Securities and Exchange Commission (SEC). Such filings are
available publicly and may be obtained on the company’s website at
www.cbre.com or upon written request from CBRE’s Investor Relations
Department at investorrelations@cbre.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20231117725815/en/
Brad Burke - Investors 214.863.3100 Brad.Burke@cbre.com
Steve Iaco - Media 212.984.6535 Steven.Iaco@cbre.com
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