CBRE has announced the promotions of two Chicago-based team members.
Jack Durburg has been promoted to CEO, the Americas, reporting to Cal Frese who was newly promoted toGlobal Group President, Geographies.
Durburg has led CBRE’s global Advisory & Transaction Services (brokerage) operations since March 2012 and prior to that, led the U.S. Central Region and Chicago local market area.
Frese, who previously served as CEO of the Americas, will serve as Global Group President, Geographies with direct oversight of the Americas, EMEA and APAC. He will focus on the quality of CBRE’s geographic leadership team and the financial and operational performance of its global regions. In addition, he will focus on more tightly aligning Research and Marketing and integrating them with CBRE’s global operations.