8-K
filed May 23, 2022, 7:59 PM ET
ticker CBRE
CIK 0001138118
leadership
confidence high
sentiment neutral
materiality 0.60
CBRE appoints new CEOs for REI, Advisory Services, and GWS; annual meeting approves directors and equity plan
CBRE GROUP, INC.
- Daniel G. Queenan becomes CEO, Real Estate Investments; Michael J. Lafitte focuses on Trammell Crow Company and Client Care.
- John E. Durburg named CEO, Advisory Services; Chandra Dhandapani named CEO, Global Workplace Solutions.
- Dhandapani receives incremental equity award of ~$466,438 (pro-rated from $750k target increase).
- Annual meeting: all 10 director nominees elected; KPMG ratified; say-on-pay passed; amended 2019 Equity Plan approved.
- Stockholder proposal to lower special meeting threshold failed (94.7M for, 190.6M against).
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Chandra Dhandapani changed role as CEO, Global Workplace Solutions at CBRE GROUP, INC..
- Action
- assumed
- Role
- CEO, Global Workplace Solutions
Exact text from the filing
Chandra Dhandapani, who most recently served as COO of GWS and Chief Transformation Officer for the entire CBRE enterprise, has assumed the responsibilities of CEO, GWS.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Daniel G. Queenan changed role as CEO, Real Estate Investments at CBRE GROUP, INC..
- Action
- assumed
- Role
- CEO, Real Estate Investments
Exact text from the filing
Daniel G. Queenan, who most recently served as CEO, Advisory Services, has assumed the responsibilities of CEO, Real Estate Investments ("REI").
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Michael J. Lafitte changed role as CEO, Trammell Crow Company at CBRE GROUP, INC..
- Action
- assumed
- Role
- CEO, Trammell Crow Company
Exact text from the filing
Michael J. Lafitte, who most recently held dual roles as CEO of both REI and Trammell Crow Company ("TCC"), will now focus on his TCC CEO responsibilities and has also assumed oversight of the Company's Client Care program.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
John E. Durburg changed role as CEO, Advisory Services at CBRE GROUP, INC..
- Action
- assumed
- Role
- CEO, Advisory Services
Exact text from the filing
John E. Durburg, who most recently served as CEO, Global Workplace Solutions ("GWS") has assumed the responsibilities of CEO, Advisory Services.
View on SEC.gov
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