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CBRE CEO White To Retire by 2013

LOS ANGELES-Brett White, who’s held the position since succeeding Ray Wirta in 2005, will step down on Dec. 31. President Bob Sulentic will take over as CEO.

By Robert Carr | Updated on May 09, 2012

LOS ANGELES-Since he joined the firm as a sales trainee in 1984, CBRE CEO Brett White has seen the company almost quadruple in size to 34,000 employees, but this year will be his last leading the global firm. White will retire at the end of the year, and current president Robert Sulentic will take on the CEO post.

White was re-elected to the company’s board of directors on Tuesday, and he will remain on the board after his retirement. He said in a statement that being at CBRE has been “an adventure of a lifetime,” and that the company has become one of the world’s leaders in commercial real estate services. “It is…good news for me, as I can embark on my next business chapter at a time when the company is in the best possible position.”

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