NEW YORK CITY—Cushman & Wakefield has announced that John Santora has been named CEO for North America, the firm's largest global operating region. Santora takes over North America as Jim Underhill has left the firm to pursue other career opportunities.
Santora will continue to serve on the firm's senior governing body, the board of directors. A 37-year veteran of the firm, Santora will drive forward the execution of C&W's strategic plan in the United States, Canada and Mexico, which consists of 146 owned and alliance offices and nearly 8,000 employees. Santora also will provide continuity in his new role with key multinational client relationships and further integrate service lines in the region across Leasing, Capital Markets, Valuation & Advisory and Property Management.
“Throughout his career, John's success in a variety of managerial and operational positions with increasing authority and responsibility is due to placing the upmost importance on organizing services and driving solutions for the benefit of Cushman & Wakefield's clients,” says Edward Forst, Cushman & Wakefield president & CEO.
Santora, one of the industry's most experienced commercial real estate executives, most recently served as president and CEO of Cushman & Wakefield's corporate occupier & investor services group. Since becoming a strategic initiative under Santora in 2010, CIS—which creates comprehensive solutions for real estate portfolios—has more than doubled its revenue and EBITDA.
C&W's occupier services now will be co-led by Todd Schwartz, the group's global COO, Mark Wanic, head of Americas occupier services, and Richard Middleton, head of EMEA and Asia Pacific Occupier Services.
In Santora's previous role as C&W's global COO, he helped plan and drive the firm's global expansion into Europe and Asia and the integration of new service areas.
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
