Yahoo, It's a Boy!

Yahoo, It's a Boy!

Yesterday the Yahoo! board announced 37 year-old Marissa Mayer as its new CEO. Mayer was a longtime Google executive and was responsible for the design of Google's search engine. What is more interesting (and important) about her selection is that she is pregnant with her first child, a boy. We have commented a number of times that the corporate landscape is shockingly devoid of women in the top spot. In fact, the ranks of female chief executives are so thin that only 35 Fortune 1000 companies have women at the helm. There are numerous, deeply rooted biases that women have to deal with in corporate America, but motherhood is often at the top of the list, especially for relatively young female executives who are of child-bearing age. It is for this reason that I applaud the Yahoo! board, as Mayer's pregnancy was apparently "not part of the consideration" for her selection. The board made the decision based on her experience and abilities, as it should. Yahoo!

Tony LoPinto is the Global Sector Leader of Korn/Ferry International's Real Estate Practice and founder of SelectLeaders. The views expressed in this article are the author's own.

Job Opportunities LOCATE A JOB

HAMMES COMPANY LLC
Vice President of Development and Acquisitions
(CHICAGO) The vice president of development and acquisitions will assist the fund's affiliated marketing group in the refinement of a marketing program to seek new development and off-market acquisition opportunities; work with the fund's affiliated business development leadership to secure new development opportunities; assist the advisor's leadership team in the establishment underwriting criteria; and present all prospective development and acquisition opportunities to the advisor's leadership team and Fund Investment Committee.

PRUDENTIAL
Investment Analyst
(LOS ANGELES) The loan origination team's mission is to build productive long-term lending relationships with institutional owners of commercial real estate, such as publicly traded REITs, real estate operating companies, pension fund advisors, and large real estate developers based in the western United States. The investment analyst will provide superior analytical support to senior members of the team on a wide variety of assignments, including cash flow modeling, risk analysis, property valuation, market analysis, and borrower and tenant credit analysis; assist senior members of the team with all aspects of the loan origination process, including the modeling and evaluation of new investment opportunities, sensitivity analysis, analysis of the risks and mitigating factors of potential investments, due-diligence review, preparation of authorization memos, and loan closing; and interact professionally with internal credit, legal, and loan origination personnel and externally with borrowers and third-party service providers.

MANAGEMENT SERVICES GROUP OF HEALTH CARE REIT
Assistant Property Manager
(VORHEES, NJ) The Management Services Group of Health Care REIT, Inc. seeks an associate property manager to support its busy property management office located in Voorhees, NJ. The associate property manager will assist the property manager in organizing and coordinating the activities of properties including delivering a superior level of tenant service, physical property management, and financial and budget reporting.

BOSTON PROPERTIES
Regional Controller, Property Accounting
(SAN FRANCISCO) Boston Properties, Inc. develops, acquires, manages, operates and owns Class A office properties with locations in Boston, Washington DC, Midtown Manhattan, San Francisco and New Jersey. The San Francisco Region is seeking an experienced regional controller to oversee, monitor, and facilitate all financial matters for the San Francisco Region. The successful incumbent will be responsible for the supervision of an accounting manager and property accounting staff and insuring the proper billing of tenants, coding of payables, and the issuance of financial statements for assigned properties and all other regional financial reports.

GRAMERCY CAPITAL CORP.
Financial Planning and Analysis Analyst
(NEW YORK CITY) This position will assist in all aspects of the company's realty division's budgeting and forecasting across the entire portfolio; coordinate the preparation of monthly variance analyses for the Realty division's property operations and capital spending in addition to various ad hoc requests; assist the vice president of finance with the preparation of annual budgets for the Realty division through the use of JD Edwards and DYNA software systems; ensure that the corporate level financial model is updated with the latest realty division budget projections; and lead the budgeting and forecasting of the company's corporate general and administrative expenses.

CB RICHARD ELLIS
Regional Lead
(REDMOND, WA) The position will lead region's operations as the client's single point of contact with accountability for all service lines and assist and support the Global Integration Leader and CBRE management team in managing all aspects of service provider performance. This position will focus on Microsoft real estate service delivery in the America's region (excluding Puget Sound) to manage the real estate portfolio and regional relationships within Microsoft's corporate real estate and facilities (REF) group.

MASTER OF PROFESSIONAL STUDIES IN REAL ESTATE
Executive Director
(WASHINGTON, DC) Georgetown University's School of Continuing Studies seeks an executive director of the Master in Professional Studies in Real Estate. The executive director will be responsible for managing curriculum and academic assessment, student advising, faculty development, strategic planning and execution, budget, industry outreach, and some development activities for the program.

NEW YORK ECONOMIC DEVELOPMENT CORPORATION
Vice President, Real Estate Transaction Services
(NEW YORK CITY) The vice president in real estate transaction services will supervise a team of real estate finance and development professionals on projects central to NYC's economic development goals. The vice president will lead projects from inception to closing by directing the financial analysis on a project's feasibility, managing negotiations on land sales and leases with developers, overseeing project management and progress, and establishing and maintaining client contact and conducting community outreach. The ideal candidate will have real estate industry experience, specifically with NYC-area development projects, and a strong track record of closing deals.

Promotions SUBMIT A PROMOTION

No more than one submission per company will be considered per week.
Submissions with multiple names will be capped at three for coverage in Executive Watch.

UNITED PROPERTIES
(MINNEAPOLIS) Brian Carey and Bill Katter have been promoted to executive vice presidents at United Properties; both were previously senior vice presidents — development. The promotions support the increased activity level in the investments and development business and expand the company's executive leadership team.

TRAMMEL CROW
(DALLAS) Trammell Crow Company announces that Joel Behrens and Gary Mann have been promoted to senior vice president. Behrens was formerly a vice president and will oversee multifamily development. Mann is responsible for the asset performance and operations of the multifamily/mixed use portfolio throughout Texas.

MARCUS & MILLICHAP
(DENVER) & Millichap Real Estate Investment Services named Jon Hendrickson associate director of the firm's National Retail Group in Denver. Hendrickson joined Marcus & Millichap's sales intern program in December 2004. He became an agent in July 2006 and was promoted to senior associate in July 2009.

BRADFORD ALLEN
(CHICAGO) Ben Azulay and Joel Berger were promoted from directors to senior managing directors. Azulay will now lead the downtown office's brokerage team while Berger will manage the suburban brokers from the firm's office in Oakbrook.

INLAND REAL ESTATE GROUP OF COS.
(OAK BROOK, IL) Inland Real Estate Group of Companies, Inc. announced the appointment of Timothy D. Hutchison as chief operating officer of The Inland Real Estate Group, Inc. will be responsible for all non-investment operations of the company. Additionally, Hutchison will retain his duties as head of The Inland Services Group, Inc., leading the shared service entities.

New Hires POST A NEW HIRE

JONES LANG LASALLE
(BOSTON) Jones Lang LaSalle announced the firm has hired Frank Petz to lead its overall capital markets business for New England. Petz joins Jones Lang LaSalle from Richards Barry Joyce & Partners (RBJ), following experiences at both Eastdil Secured and CBRE│Melody.

ML REALTY PARTNERS
(ITASCA, IL) Enrique Nevarez, Jr. has joined the firm as director. Nevarez was previously employed with ProLogis as a property/asset manager assisting with the coordination, negotiations and development of several large industrial/office portfolios.

J.C. ANDERSON
(ELMHURST, IL) Sara Schumacher has joined the firm as project manager. Ms. Schumacher will work from the firm's Elmhurst headquarters as well as the downtown Chicago office location. Schumacher was previously employed by Gensler, where she served for seven years as an interior designer in the firm's New York and Chicago offices.

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