Guy Metcalfe to Join CBRE Group, Inc. Board of Directors
23 Febrero 2024 - 7:30AM
Business Wire
CBRE Group, Inc. (NYSE:CBRE) today announced that Guy A.
Metcalfe has been appointed to the company’s Board of Directors,
effective February 26, 2024.
Mr. Metcalfe was a Managing Director and member of Morgan
Stanley’s investment banking executive committee and led its real
estate investment banking business for over two decades before
retiring as Global Chairman on January 31, 2024.
In more than 30 years at Morgan Stanley, Mr. Metcalfe advised
clients on over $850 billion of transactions. He has served as a
trusted strategic advisor to CBRE and helped to consummate notable
capital-raising, mergers and acquisitions and capital markets
transactions for the company.
In addition, Mr. Metcalfe advised on some of the most
transformational transactions in the real estate industry,
including the mergers of each of AMB Property Corp., KTR Capital
Partners, Industrial Property Trust, Liberty Property Trust and
Duke Realty with Prologis; and, among others, Blackstone’s
acquisitions of Trizec Properties, Equity Office Properties, Hilton
Hotels, BioMed Realty Trust, Gramercy Property Trust and QTS
Realty. He also advised on numerous initial public offerings,
follow-on offerings, significant private capital raises and secured
and unsecured debt offerings.
Bob Sulentic, CBRE’s chair and chief executive officer, said:
“Guy is one of the premier strategic advisors in the real estate
industry. Our Board will be greatly enhanced by his deep knowledge
of and broad perspective on our sector as well as his sharp
strategic thinking as we plot a course for CBRE’s continued
growth.”
Mr. Metcalfe said: “I’ve seen CBRE up close for many years and
know its strategic, operational and financial strengths are
unmatched in the real estate services sector. The company is
extremely well positioned for the future and I am excited to work
with Bob and my fellow Directors to help drive growth and
excellence across the business.”
Mr. Metcalfe will stand for election at CBRE’s next Annual
Stockholder Meeting later this year. His appointment expands CBRE’s
Board to 12 Directors.
He serves on the Board of Directors of nonprofits, including the
Child Mind Institute, and has been an advisor on real estate
matters to the Partnership Fund for New York City. He holds a B.A.
in Business Administration (with honors) from the Ivey Business
School at the University of Western Ontario.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500
company headquartered in Dallas, is the world’s largest commercial
real estate services and investment firm (based on 2023 revenue).
The company has more than 130,000 employees (including Turner &
Townsend employees) serving clients in more than 100 countries.
CBRE serves a diverse range of clients with an integrated suite of
services, including facilities, transaction and project management;
property management; investment management; appraisal and
valuation; property leasing; strategic consulting; property sales;
mortgage services and development services. Please visit our
website at www.cbre.com. We routinely post important information on
our website, including corporate and investor presentations and
financial information. We intend to use our website as a means of
disclosing material, non-public information and for complying with
our disclosure obligations under Regulation FD. Such disclosures
will be included in the Investor Relations section of our website
at https://ir.cbre.com. Accordingly, investors should monitor such
portion of our website, in addition to following our press
releases, Securities and Exchange Commission filings and public
conference calls and webcasts.
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