LOS ANGELES—NAI Capital CEO Tim Foutz has been voted onto the company's board of directors. The appointment comes after Foutz was named CEO in March of this year. The board has five total members.

”It is a very exciting time for me," Foutz tells GlobeSt.com. "After being named CEO earlier this year, I look forward to working with my fellow board members to direct the course of NAI Capital's continued growth and success.” As CEO, Foutz currently oversees 14 Southern California offices and 300 employees. As a member of the board, he will better be able to accomplish his growth goals for the company, which include upgrading all of the 14 offices with new and state-of-the-art systems, from sophisticated phone/network systems to analytical programs, for better servicing our customer basis and recruiting top brokerage talent.

Along with Foutz joining the board, Richard Gold, who serves as broker of record at the firm, was also voted in as treasurer and Michelle Stein, who serves as COO at the firm, was voted in as secretary. “While change is never easy, I have had the pleasure of working with Tim, Michele and Rick for many years and know that they share the same values of integrity and hard work on which NAI Capital was founded 36 years ago,” says board chairman Michael A. Zugsmith. “Along with president Rachel Howitt, they will continue NAI Capital's program of market penetration and growth in our Southern California market while providing commercial real estate services worldwide as a member of NAI Global.”

There have been a few headline-worthy employment moves in the first quarter, including AECOM naming a new chairman of the board. In March, CEO Michael Burke became chairman of the board, succeeding John M. Dionisio, a 43-year veteran of the company, who is retiring. The appointment also came on the heels of Burke's recent to promotion to CEO, which was made official in March 2014.