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CBRE Group logoCBRE Group CBRE

CBRE said Adam Gallistel and Andy Glanzman were named Co-Chief Executive Officers of CBRE Investment Management on December 5, 2024. Glanzman took on the role immediately, and Gallistel will join the company on April 1, 2025.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. CBRE said Adam Gallistel and Andy Glanzman were named Co-Chief Executive Officers of CBRE Investment Management on December 5, 2024. Glanzman took on the role immediately, and Gallistel will join the company on April 1, 2025.

  2. The company said Gallistel will serve as Co-Chief Executive Officer and Chief Investment Officer, focusing on investment strategy, performance and investor engagement, while Glanzman will serve as Co-Chief Executive Officer and President, overseeing business strategy development and execution and day-to-day operations.

  3. Daniel Queenan, who previously served as CEO, Real Estate Investments, will become CEO of Trammell Crow Company as a result of the change, the company said, with a focus on continuing to drive the growth and investment performance of that business.

  4. The company said Gallistel has served as Head of both Americas Real Estate and Global Real Estate Credit at Singapore sovereign wealth fund GIC and joined GIC in 2004. Glanzman joined CBRE Investment Management in 2010 and became President in January 2022. Both report to Bob Sulentic.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Named Co-CEOs of CBRE Investment Management

CBRE said Adam Gallistel and Andy Glanzman were named Co-Chief Executive Officers of CBRE Investment Management on December 5, 2024. Glanzman took on the role immediately, and Gallistel will join the company on April 1, 2025.

Source · Based on the filing body and exhibits

Division of Responsibilities Between Co-CEOs

The company said Gallistel will serve as Co-Chief Executive Officer and Chief Investment Officer, focusing on investment strategy, performance and investor engagement, while Glanzman will serve as Co-Chief Executive Officer and President, overseeing business strategy development and execution and day-to-day operations.

Source · Based on the filing body and exhibits

Daniel Queenan Moves to Trammell Crow Company as CEO

Daniel Queenan, who previously served as CEO, Real Estate Investments, will become CEO of Trammell Crow Company as a result of the change, the company said, with a focus on continuing to drive the growth and investment performance of that business.

Source · Based on the filing body and exhibits

Co-CEOs' Backgrounds and Reporting Structure

The company said Gallistel has served as Head of both Americas Real Estate and Global Real Estate Credit at Singapore sovereign wealth fund GIC and joined GIC in 2004. Glanzman joined CBRE Investment Management in 2010 and became President in January 2022. Both report to Bob Sulentic.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.