CBRE completes project mgmt/Turner & Townsend combination; Clancy joins board

CBRE GROUP, INC.

CBRE now owns 70% of combined Turner & Townsend/CBRE Project Management business after completing combination.
Vincent Clancy, Turner & Townsend CEO and chair, appointed to CBRE Board; no additional director compensation.
Turner & Townsend revenue grew from $225M (2008) to $1.9B (2023); >20% CAGR since CBRE majority acquisition in 2021.
Project Management to be reported as a standalone business segment beginning in 2025 for greater transparency.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Vincent Clancy

Director

CBRE · CBRE GROUP, INC.

Effective: 2025-01-02
Filed: January 3, 2025, 6:59 PM ET

On January 2, 2025, the Board of Directors of the Company (the “Board”) appointed Vincent Clancy to the Board, to serve until the Company’s 2025 annual meeting of stockholders.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Vincent Clancy was appointed as Director at CBRE GROUP, INC..

Action: appointed
Role: Director

Exact text from the filing

On January 2, 2025, the Board of Directors of the Company (the “Board”) appointed Vincent Clancy to the Board, to serve until the Company’s 2025 annual meeting of stockholders.

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CBRE GROUP, INC. filing history →

Source: SEC EDGAR

accession 0000950170-25-001326

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