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Posted 23 May, 2022

CBRE GROUP, INC. appointed Daniel G. Queenan as new CEO

NYSE:CBRE appointed new Chief Executive Officer Daniel G. Queenan in a 8-K filed on 23 May, 2022.


  Daniel G. Queenan, who most recently served as CEO, Advisory Services, has assumed the responsibilities of CEO, Real Estate Investments ("REI").  

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Overview of CBRE GROUP, INC.
Real Estate/Construction • Real Estate Developers
CBRE Group, Inc. engages in the provision of commercial real estate and investment services. It operates through the following segments: Advisory Services, Global Workplace Solutions, Real Estate Investments, and Corporate. The Advisory Services segment provides a comprehensive range of services globally, including property leasing, capital markets (property sales and mortgage origination, sales and servicing), property management, project management services and valuation services. The Global Workplace Solutions segment includes a suite of integrated, contractually based outsourcing services globally for occupiers of real estate, including facilities management, project management and transaction services (leasing and sales). The Real Estate Investments segment consists of investment management services provided globally, development services in the United States and United Kingdom and a service designed to help property occupiers and owners meet the growing demand for flexible office space solutions on a global basis. The company was founded by Colbert Coldwell in 1906 and is headquartered in Dallas, TX.
Market Cap
$42.7B
View Company Details
CBRE GROUP, INC. by TradingView
Relevant filing section
Item 5.02 
Departure of Director or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


On May 20, 2022, the Company announced new executive leadership assignments for key senior executives. Daniel G. Queenan, who most recently served as CEO, Advisory Services, has assumed the responsibilities of CEO, Real Estate Investments ("REI"). Michael J. Lafitte, who most recently held dual roles as CEO of both REI and Trammell Crow Company ("TCC"), will now focus on his TCC CEO responsibilities and has also assumed oversight of the Company's Client Care program. John E. Durburg, who most recently served as CEO, Global Workplace Solutions ("GWS") has assumed the responsibilities of CEO, Advisory Services. Chandra Dhandapani, who most recently served as COO of GWS and Chief Transformation Officer for the entire CBRE enterprise, has assumed the responsibilities of CEO, GWS.

In connection with her promotion to CEO, GWS, Ms. Dhandapani's equity award target for 2022 was increased by $750,000. To implement this change, the Compensation Committee of the Board granted to Ms. Dhandapani an incremental equity award of approximately $466,438, representing the pro-rated portion of the $750,000 increase for 2022, split equally between a time-vesting award and adjusted EPS award.