CBRE announces new assignments for key senior executives

CBRE Group, Inc.  announced new leadership assignments for several key executives, effective on January 1, 2020.

“The moves we are making allow us to bring fresh perspective to the leadership of our three business segments, take maximum advantage of the individual strengths and talents of our senior leaders and position the company for long-term succession,” said Bob Sulentic, CBRE’s president and chief executive officer.

Bill Concannon, currently global CEO, global workplace solutions, will assume a new senior executive role—global group president, clients and business partners. Long one of the sector’s elite client-facing executives, Concannon will drive greater engagement with CBRE’s largest clients. Concannon’s role change is in keeping with his plans to retire in the next several years and allows the company to prepare for his retirement.

Jack Durburg, currently global chief operating officer, will succeed Concannon as global CEO, global workplace solutions. Durburg is an exceptional leader who, working with the GWS leadership team, will build on the momentum that GWS has enjoyed under Concannon’s leadership. Durburg is based in Chicago.

Chris Kirk, currently chief executive talent and administrative officer, will become global chief operating officer. Kirk was responsible for leading the implementation of the company’s recent reorganization and recruiting several top-notch senior executives. In addition to his existing duties, he will assume responsibility for marketing, research and the coordination of M&A activity between the company’s business units and corporate development team.

Mike Lafitte, currently global CEO, advisory services, will become global CEO, real estate investments. This new role will capitalize on Lafitte’s deep base of relationships, broad experience and strong leadership abilities. He has also been an astute investor of the company’s capital over many years.

Darcy Mackay, chief people officer, will be elevated to the company’s executive committee. This move underscores the central role talent plays in CBRE’s ongoing success and the strong progress Mackay is making to enhance this critical element of the company’s strategy.

Daniel Queenan, currently global CEO, real estate investments, will become global CEO, advisory services. Queenan is a premier business operator and leader who, earlier in his career, led CBRE’s advisory services business in APAC for two years.