Dallas, April 5, 2024–(BUSINESS WIRE)–CBRE Group (NYSE: CBRE) announced today that Vikram Kohli, Chief Operating Officer, announced that Vikram Kohli, Chief Operating Officer, will be directly managing the company's two real estate services business segments: Advisory Services and Global Workplace Solutions (GWS). He announced that he would be appointed as the director.
The senior executives responsible for leading these businesses will report directly to Mr. Kohli and will work more closely together to ensure both customer care and cost efficiency. Advisory and GWS will continue to be reported as separate segments. Mr. Kohli will continue to oversee the leadership of CBRE's Digital & Technology and Research teams.
“Vikram joined our India brokerage business in 2001 and has since held key roles across multiple geographies. “Under his leadership, both our Advisory and GWS divisions have grown to become globally leading companies in their respective fields,” said Bob Salentic, Chairman and Chief Executive Officer of CBRE. “We will be better positioned to deliver better, integrated client solutions that are more connected and efficient.”
To give his efforts more focus and influence, Jack Derberg, who has served as CEO of Advisory Services, will take exclusive control of the advisory business in the U.S. and Canada and will serve as COO of Advisory Services. Chris Kirk, who previously held the position, will head up the international advisory department. work. Both executives will report directly to Kohli.
Mr. Chandra Dandapani, who has served as CEO of GWS, will assume responsibility and leave CBRE on September 8, 2024, and the leadership of GWS Enterprise and GWS Local businesses will report to Mr. Kohli.
“Over the past eight years, Chandra has been outstanding in a variety of leadership roles, from significantly growing the talent of our Digital & Technology team to increasing our ability to serve our GWS occupier customers. We wish Chandra every success at CBRE and in her future career,” Salentic said.
About CBRE Group Co., Ltd.
CBRE Group, Inc. (NYSE:CBRE) is a Fortune 500 and S&P 500 company headquartered in Dallas and the world's largest commercial real estate services and investment firm (based on 2023 revenue). The company has more than 130,000 employees (including Turner & Townsend employees) and serves customers in more than 100 countries. CBRE provides an integrated suite of services including facilities, transaction and project management to a diverse range of clients. Asset management; Investment management; Valuation and valuation. Real estate rental industry; strategic consulting. Sale of real estate. Mortgage and development services. Please visit our website. www.cbre.com. We regularly post important information on our website, including corporate and investor presentations and financial information. We intend to use our website as a means to disclose material non-public information and to comply with our disclosure obligations under Regulation FD. Such disclosures will be posted in the “Investor Relations'' section of our website. https://ir.cbre.com. Accordingly, investors should monitor those portions of our website in addition to following our press releases, Securities and Exchange Commission filings, public conference calls and webcasts.
Forward-looking statements
Certain statements in this release that do not relate purely to historical data are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are made based on the views of the Company's management. These are expectations and beliefs regarding future events that will affect us and are subject to uncertainties and factors related to our operations and business environment, all of which are difficult to predict and many of which is beyond the control of. Therefore, actual performance, results, and events may differ materially from those indicated in the forward-looking statements, and forward-looking statements should be relied upon as predictions of future performance, results, or events. Not. Many factors could cause actual future performance, results or events to differ materially from those expressed in the forward-looking statements. These include our ability to maximize the benefits of our leadership talent and drive growth, as well as other risks and uncertainties described in our filings. U.S. Securities and Exchange Commission (SEC). Forward-looking statements speak only as of the date of this release. We undertake no obligation to update forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information, except to the extent required by applicable securities laws. shall not be liable for any. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. For additional information regarding factors that could cause actual results to differ from those anticipated in the forward-looking statements and other risks and uncertainties to our business generally, please refer to the forms for the ended fiscal year. See our SEC filings, including our 10-K. December 31, 2023. Such filings are public and available on the Company's website at www.cbre.com or upon request from his CBRE Investor Relations Department at investorrelations@cbre.com.
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CBRE-For investors
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CBRE Media
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