Form 8-K · Current Report · Filed 2024-04-05
CBRE Announces Leadership Changes and Departure of CEO, GWS
On April 5, 2024, CBRE Group, Inc. announced changes to its executive leadership. Vikram Kohli, Chief Operating Officer, will now oversee the Advisory Services and Global Workplace Solutions segments. John E. Durburg will exclusively lead the U.S. and Canada Advisory business, while Chandra Dhandapani, former CEO of GWS, will leave the company on September 8, 2024. Dhandapani's departure qualifies for severance benefits under the company's Change in Control and Severance Plan.
- Filer
- CBRE Group Inc. CBRE · NYSE
- Filed
- Accession
- 0001193125-24-088614
- CIK
- 0001138118
- Signal
- High impactReal Estate
- Source
- Official filing on sec.gov ↗
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Regulation FD Disclosure
Financial Statements and Exhibits
Market reaction
Close before filing
$95.46
Next session
+1.1%
Since filing
+53.8%
Latest close
$146.81
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from CBRE reporting the same item, with the next session's move:
Exhibits (2)
About CBRE Group Inc.
CBRE Group Inc. operates as a leading commercial real estate services and investment firm globally. The company's primary purpose is to offer a broad array of real estate solutions, sector-driven insights, and advisory services to a diverse clientele that includes corporations, property owners, investors, and developers. CBRE provides expertise in property management, strategic consulting, valuation, project management, and capital markets operations. Known for its vast geographic presence, CBRE serves numerous industries, encompassing sectors such as retail, industrial, office, and healthcare. With comprehensive service offerings, the firm plays a vital role in shaping urban landscapes and responding to market dynamics. Headquartered in Dallas, Texas, CBRE Group Inc. leverages its extensive global network and local market expertise to drive innovation and sustainable practices, profoundly influencing how real estate industry challenges are addressed across the world.
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