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Colliers Appoints Christian Mayer and Elias Mulamoottil to Expanded Global Leadership Roles

Colliers (NASDAQ, TSX: CIGI) named Christian Mayer as Global Chief Financial Officer & CEO of Commercial Real Estate and Elias Mulamoottil as Global Chief Investment Officer & CEO of Engineering, effective immediately.

(Neutral)

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Rhea-AI Summary

Colliers (NASDAQ, TSX: CIGI) named Christian Mayer as Global Chief Financial Officer & CEO of Commercial Real Estate and Elias Mulamoottil as Global Chief Investment Officer & CEO of Engineering, effective immediately. The moves align leadership with the company’s growth strategy and follow a planned transition tied to a senior retirement.

Key operational scale: Colliers operates in 70 countries; Colliers Engineering will operate in over 20 countries with more than 13,000 professionals upon closing of the Ayesa acquisition.

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Positive

  • Colliers Engineering scale: over 13,000 professionals
  • Global footprint: operations across 70 countries
  • Internal promotions leverage four decades of company experience
  • Mayer combines CFO duties with CEO role for largest platform

Negative

  • Planned retirement: CEO of Real Estate Services leaving end-April 2026
  • Concentrated mandates: expanded responsibilities placed on two executives
Argus Mar 5 session
+0.90% close to close Open Argus
Details

News Market Reaction – CIGI

On Mar 5, the day this news came out, CIGI closed 0.90% above the previous close.

Data tracked by StockTitan Argus for the Mar 5 session.

Key Figures

Global operations: 70 countries Engineering countries post-Ayesa: over 20 countries Engineering professionals post-Ayesa: more than 13,000 professionals +5 more
Global operations
70 countries
Colliers commercial real estate services footprint
Engineering countries post-Ayesa
over 20 countries
Planned Colliers Engineering footprint after Ayesa acquisition closes
Engineering professionals post-Ayesa
more than 13,000 professionals
Planned Colliers Engineering headcount after Ayesa acquisition closes
McLernon tenure
nearly 40 years
Career length at Colliers before planned retirement
Current share price
$118.03
Pre-news price on publication day
52-week high
$171.51
52-week trading range high
52-week low
$98.97
52-week trading range low
Market capitalization
$5,991,923,012
Equity value prior to this news

Historical Context

5 past events · Latest: Mar 02
5 events
  1. Mar 02

    Italy acquisition

    24h Move
    -1.8%

    Acquisition of Rome-based Progedil to deepen Italian residential capabilities.

  2. Feb 26

    Industry recognition

    24h Move
    +3.3%

    Named to IAOP 2026 Global 100 for 20th consecutive year.

  3. Feb 24

    Leadership appointment

    24h Move
    +2.5%

    Appointed Laura Hernando CEO of Iberia to lead next growth phase.

  4. Feb 20

    Credit facility update

    24h Move
    -2.4%

    Extended US$2.25B credit facility to 2031 with added accordion feature.

  5. Feb 13

    Earnings results

    24h Move
    -4.1%

    Reported strong FY 2025 growth and agreed to acquire Ayesa Engineering.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Planned transition strengthens largest platforms and recognizes Chris McLernon’s retirement

TORONTO, March 05, 2026 (GLOBE NEWSWIRE) -- Colliers (NASDAQ, TSX: CIGI), a leading diversified professional services and investment management company, today announced two key executive appointments that reinforce the Company’s long-term growth strategy. Effective immediately, Christian Mayer has been named Global Chief Financial Officer & CEO of Commercial Real Estate, and Elias Mulamoottil has been named Global Chief Investment Officer & CEO of Engineering.

“With a combined four decades at Colliers, Christian and Elias bring deep experience, proven leadership, and a strong commitment to our enterprising culture,” said Jay Hennick, Founder, Global Chairman & CEO. “Their expanded mandates strengthen our largest platforms and ensure continuity as we continue to execute our global growth strategy company wide.”

As Global Chief Financial Officer & CEO of Commercial Real Estate, Mayer will oversee Colliers’ Commercial Real Estate segment and will continue to lead the Company’s enterprise-wide financial strategy. Colliers is one of the top global players in commercial real estate services with operations in 70 countries, offering services encompassing capital markets, leasing and outsourcing across all major asset classes. In this expanded role, Mayer will focus on advancing long-term value creation in Colliers’ largest platform.

As Global Chief Investment Officer & CEO of Engineering, Mulamoottil will drive growth across the global Engineering platform and will continue to oversee Colliers’ enterprise-wide investment strategy. Upon closing of the recently announced acquisition of Ayesa, Colliers Engineering will operate in over 20 countries with more than 13,000 professionals, significantly enhancing its global reach, technical capabilities, and ability to deliver complex, large-scale infrastructure and built-environment projects for public and private sector clients.

As part of the planned transition, Colliers also announced that Chris McLernon, CEO of Real Estate Services, will retire at the end of April following a nearly 40-year career with the Company.

“Chris has been instrumental in shaping Colliers across multiple regions and at the global level over the years,” said Hennick. “We are grateful for his leadership and commitment to Colliers and wish him well in retirement.”

These appointments further reinforce Colliers’ longstanding commitment to developing leaders from within and position the Company for continued momentum and long-term value creation.

About Colliers

Colliers (NASDAQ, TSX: CIGI) is a global diversified professional services and investment management company operating through three industry-leading businesses: Commercial Real Estate, Engineering, and Investment Management. With greater than a 30-year track record of consistent growth and strong recurring cash flows, we scale complementary, high-value businesses that provide essential services across the full asset lifecycle. Our unique partnership philosophy empowers exceptional leaders, preserves our entrepreneurial culture, and ensures meaningful inside ownership — driving strong alignment and sustained value creation for our shareholders. With $5.6 billion in annual revenues, 24,000 professionals, and $108 billion in assets under management, Colliers is committed to accelerating the success of our clients, investors, and people worldwide. Learn more at corporate.colliers.com.

Media Contact

Andrea Cheung
Senior Communications Manager
andrea.cheung@colliers.com
416-324-6402


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who are the executives appointed by Colliers (CIGI) on March 5, 2026?

Colliers appointed Christian Mayer as Global CFO & CEO of Commercial Real Estate and Elias Mulamoottil as Global CIO & CEO of Engineering. According to Colliers, both moves are effective immediately and intended to strengthen the firm’s largest platforms.

What responsibilities will Christian Mayer hold at Colliers (CIGI)?

Christian Mayer will serve as Global Chief Financial Officer and CEO of Commercial Real Estate. According to Colliers, he will oversee the Commercial Real Estate segment and continue to lead enterprise-wide financial strategy.

How will Elias Mulamoottil’s role change at Colliers (CIGI)?

Elias Mulamoottil becomes Global Chief Investment Officer and CEO of Engineering. According to Colliers, he will drive growth across the Engineering platform and lead enterprise-wide investment strategy.

What scale will Colliers Engineering reach after the Ayesa acquisition for CIGI?

After closing Ayesa, Colliers Engineering will operate in over 20 countries with more than 13,000 professionals. According to Colliers, this significantly enhances global reach and technical capabilities for large-scale projects.

When is the Real Estate Services CEO retiring at Colliers (CIGI)?

Chris McLernon, CEO of Real Estate Services, will retire at the end of April 2026. According to Colliers, this follows a nearly 40-year career and is part of the planned transition.

How do these leadership changes affect Colliers’ growth strategy (CIGI)?

The appointments are intended to reinforce long-term growth and continuity across major platforms. According to Colliers, expanded mandates and internal promotions support execution of the company’s global growth strategy.

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