Colliers announces appointment of John Sullivan to Board of Directors
Rhea-AI Summary
Colliers International Group Inc. (TSX and NASDAQ: CIGI) has appointed John Sullivan to its Board of Directors, effective immediately. Sullivan brings over 30 years of real estate experience in acquisitions, dispositions, asset management, and development. He previously served as President and CEO of The Cadillac Fairview for 13 years until his retirement in 2023. His prior experience includes senior positions at Cadillac Fairview, Marathon Realty , and Brookfield Properties Sullivan currently serves on the board of MAF Properties and the Hospital for Sick Children.
Positive
- Addition of seasoned real estate executive with over 30 years of industry experience
- Strategic expertise in key areas: acquisitions, dispositions, asset management, and development
- Proven leadership track record as CEO of major real estate
Negative
- None.
News Market Reaction – CIGI
In the trading session that priced this news, CIGI gained 1.44%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
TORONTO, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (TSX and NASDAQ: CIGI) ("Colliers") announced that John Sullivan has been appointed to the Board of Directors, effective today.
Sullivan has more than 30 years of real estate experience in acquisitions, dispositions, asset management and development. He served as the President and Chief Executive Officer of The Cadillac Fairview Corporation Limited for 13 years, retiring in 2023. Prior to his role as CEO, Sullivan held several senior positions at Cadillac Fairview, and previously held senior positions with Marathon Realty Corporation and Brookfield Properties Corporation. He currently serves on the board of MAF Properties and the Hospital for Sick Children.
“We are delighted to have John Sullivan on our Board,” said Jay Hennick, Chairman and Chief Executive Officer of Colliers. “John’s extensive expertise in the real estate sector, developed over decades, makes him an invaluable asset as we continue driving Colliers’ growth and success in the years ahead.”
About Colliers
Colliers (NASDAQ, TSX: CIGI) is a leading global diversified professional services company, specializing in commercial real estate services, engineering consultancy and investment management. With operations in 70 countries, our 22,000 enterprising professionals provide exceptional service and expert advice to clients. For nearly 30 years, our experienced leadership – with substantial inside ownership – has consistently delivered approximately
COMPANY CONTACT:
Christian Mayer
Chief Financial Officer
(416) 960-9500
