Robert E. Sulentic assumed the position of president and CEO of CBRE Group Inc. succeeding Brett White who, as previously announced, retired on Nov. 30.
Sulentic also joined CBRE’s board of directors, which has expanded to 11 members. White also remains a member of the board.
“CBRE is a unique organization, and I am honored to serve as its CEO,” Sulentic said in a statement. “Our company has many strengths, including our brand, culture, depth of resources and market intelligence, and most of all, our exceptional people. I look forward to working with our talented team to enhance our position across markets and business lines globally, drive growth, and produce excellent outcomes for clients, employees and shareholders.”
Sulentic most recently served as president of CBRE, where he had direct responsibility for running all business lines and operating segments. He also previously served as CFO, and before that, group president with responsibility for the EMEA, Asia Pacific and development services businesses. Sulentic joined the company in 2006 with the acquisition of Trammell Crow Co., where he was CEO at the time of the merger.