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CBRE Names New CFO, Adds CIO

LOS ANGELES-The company names Robert E. Sulentic as CFO and appoints Jim Groch to the newly created position of chief investment officer for corporate finance and strategy.

By Bob Howard | Updated on February 18, 2009

LOS ANGELES-CB Richard Ellis Group Inc. has named Robert E. Sulentic as the company’s new CFO and has appointed Jim Groch to the newly created position of chief investment officer for corporate finance and strategy. Sulentic is CEO of CBRE’s development services business, while Groch is CIO for the development services business.

Sulentic succeeds Gil Borok, who assumed the responsibilities of interim CFO after former CFO Kenneth Kay resigned in November. Borok will resume his responsibilities as the company’s EVP and chief accounting officer. Additionally, he will assume the role of CFO of the company’s Americas business.

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