LOS ANGELES—CBRE Group said Thursday it had promoted company veteran Bill Concannon to the position of global group president, Global Workplace Solutions. Concannon, who had held the title of GWS CEO since September 2015, when CBRE expanded the platform with its $1.48-billion acquisition of Johnson Controls Inc.'s occupier outsourcing business, is one of three senior executives with the global group president title.

Also holding the title of global group president are Cal Frese and Mike Lafitte, who are in charge of geographies and services business lines, respectively. The designation is reserved for CBRE's most senior leaders with global, market-facing responsibilities, who have made significant contributions to the success of the company and its clients across the entire enterprise.

“Bill has made exceptional, ongoing contributions to our company over three decades,” says Bob Sulentic, president and CEO of CBRE. “He pioneered the occupier outsourcing concept in our sector in the early 1990s. Through a passionate commitment to excellence, leadership by example and strategic thinking, he has built our Global Workplace Solutions offering into a $6.4-billion revenue business.”