CBRE Promotes Five Executive Leaders
The firm has appointed new executive leadership roles in an effort to further client opportunities and drive growth.
DALLAS, TX – CBRE has appointed five new executive leadership positions, effective immediately.
“The new responsibilities we are announcing today play to each executive’s unique strengths and capitalize on their outstanding track records of driving growth and excellence,” states CBRE president and CEO Bob Sulentic. “These changes will help us realize the full range of significant opportunities we foresee for our clients, people and shareholders.”
Danny Queenan has assumed the role of CEO of real estate investments. With a proven record of creating value as a developer and investor, Queenan will work to increase capital investment in the firm’s REI businesses. In 2018 and 2019, Queenan led the REI segment before assuming the position of CEO of advisory services in January 2020. He also previously served as CEO of Trammell Crow Co., CBRE’s development subsidiary.
Mike Lafitte currently holds dual roles as CEO of both REI and TCC, and he will now focus primarily on his TCC CEO responsibilities in order to further build the business. Under Lafitte’s leadership, TCC has grown in the US, the UK and continental Europe. Lafitte will additionally oversee CBRE’s client care program, for which he will focus on driving measurable, integrated solutions for the company’s largest investor and occupier clients.
With a background in the company’s advisory services business, Jack Durburg has now assumed the role of CEO of advisory services. Since January 2020, Durburg has served as CEO of GWS. In 2018 and 2019, as global COO, Durburg oversaw all global business lines that now comprise the company’s advisory services business segment. Previously, he served as CEO of the Americas, where he was responsible for all business lines, and as global president of brokerage services, where he oversaw the firm’s leasing and capital markets brokerage activities.
Chandra Dhandapani has assumed the role of CEO of global workplace solutions. Most recently serving as COO of GWS and chief transformation officer at CBRE, Dhandapani has overseen the GWS Enterprise business and has added significant value to the entire integrated business. In 2016, Dhandapani joined CBRE as chief digital & technology officer and she led a broad-based transformation of the firm’s digital strategy and technology infrastructure.
As COO of CBRE, Chris Kirk has been given elevated responsibilities to drive excellence across the entire company. Sharing the responsibilities with Sultenic, Kirk now holds dotted-line operational oversight of the firm’s three business segments. Kirk has additionally assumed direct oversight of project management, as a part of the GWS segment. He will be accountable to Dhandapani for this responsibility.