CBRE Group has announced senior leadership changes in its real estate investment subsidiaries, CBRE Global Investors – a global real estate investment management firm – and Trammell Crow Company – a U.S. real estate development services business. The announcement was made by Bob Sulentic, CBRE’s President and Chief Executive Officer.
Matt Khourie, who has served as CEO of CBRE Global Investors for the past six years, has been named CEO of Trammell Crow Company. This move marks a return to the real estate development business for Mr. Khourie, who was a senior leader at Trammell Crow Company for 29 years before joining CBRE Global Investors in 2009
Ritson Fergusonhas been named CEO of CBRE Global Investors. Mr. Ferguson has served on Global Investors’ Global Investment Committee since 2011 and as Chief Investment Officer since 2015. He will also remain as CEO of CBRE Clarion Securities, the company’s real estate securities business.
Danny Queenan, who was named COO of CBRE Global Investors in August 2015 and also served as CEO of Trammell Crow Company since 2011, will now concentrate the vast majority of his time and energies on running CBRE Global Investors’ operations and strategic initiatives. Although he will not have a day-to-day role in Trammell Crow Company, he will remain active in this business at a strategic level, serving on its Board of Directors.