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Colliers appoints Laura Hernando CEO of Iberia to lead next phase of growth

Colliers (NYSE:CIGI) has appointed Laura Hernando as CEO of Iberia, effective in the second quarter of 2026.

(Neutral)

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Rhea-AI Summary

Colliers (NYSE:CIGI) has appointed Laura Hernando as CEO of Iberia, effective in the second quarter of 2026. She succeeds Mikel Echavarren, who will remain as Chairman for the Iberian region and on Colliers’ EMEA Senior Leadership Team. Hernando will also continue as Managing Director of Hotels for Colliers Spain.

The move emphasizes internal succession: Hernando joined via the 2018 IREA acquisition and brings over two decades of Iberian market experience. Leadership continuity is highlighted to support client service and regional growth.

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Positive

  • Internal succession: Hernando promoted from within after joining via IREA in 2018
  • Experienced leader: Hernando has over two decades of Iberian market experience
  • Continuity retained: Echavarren remains Chairman and on EMEA Senior Leadership Team
  • Dual role: Hernando will continue as Managing Director of Hotels for Colliers Spain

Negative

  • None.
Argus Feb 24 session
+2.51% close to close Open Argus
Details

News Market Reaction – CIGI

On Feb 24, the day this news came out, CIGI closed 2.51% above the previous close.

Data tracked by StockTitan Argus for the Feb 24 session.

Key Figures

CEO start date: Q2 2026 Years in Spain: 20 years
CEO start date
Q2 2026
Laura Hernando to begin as Iberia CEO in second quarter 2026
Years in Spain
20 years
Colliers celebrating 20 successful years in Spain in 2026

Historical Context

5 past events · Latest: Feb 20
5 events
  1. Feb 20

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    24h Move
    +2.0%

    Extended US$2.25B credit facility maturity and added US$250M accordion.

  2. Feb 13

    Earnings release

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    -4.1%

    Reported strong FY 2025 growth in revenue, EBITDA and Adjusted EPS.

  3. Feb 04

    Acquisition

    24h Move
    +4.9%

    Acquired Ramos Consulting Services to expand U.S. transit engineering footprint.

  4. Feb 03

    Major acquisition

    24h Move
    -5.9%

    Agreed to acquire Ayesa Engineering for US$700M to add 3,200 professionals.

  5. Jan 29

    Acquisition

    24h Move
    -1.4%

    Englobe acquired Tetranex, adding 200 professionals and new capabilities.

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

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Mikel Echavarren to continue as Chairman

MADRID and LONDON, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Colliers announces the appointment of Laura Hernando as Chief Executive Officer (CEO) for Iberia, with her start scheduled in the second quarter of 2026. She succeeds Mikel Echavarren, who will maintain a key strategic role as Chairman for the Iberian region. Hernando will also continue as Managing Director of Hotels for Colliers Spain.

Hernando brings more than two decades of expertise in the Iberian market. She has played a pivotal role in the country’s most significant hotel transactions, including single assets, portfolios, corporate deals, and financial restructurings. She has been a key member of Colliers since joining through the acquisition of IREA in 2018.

Davoud Amel-Azizpour, CEO of Colliers EMEA, said: “Laura’s appointment as CEO reflects a long-term strategy and shared vision for the future of our Iberian business. With a proven track record of building successful businesses and leading high-performing, client-focused teams, she is well placed to drive the next phase of growth. My thanks to Mikel and the leadership team for the incredibly strong foundation they have built.”

Laura Hernando added: “I am honoured to take on the leadership of the Iberian region in the same year we celebrate 20 successful years in Spain. My focus remains on delivering exceptional outcomes for our clients across Iberia, while nurturing the unique culture that drives our talented teams.”

Echavarren will continue to work closely with Laura and the leadership team to ensure seamless client service and support strategic growth. He will also maintain his role on Colliers’ EMEA Senior Leadership Team.

“I look forward to supporting Laura as we continue to foster new growth opportunities and deliver the highest standards of service across all our business lines. Having worked with Laura for nearly two decades, I am proud to see her take on this role and become the first female corporate real estate leader for Iberia – a reflection of her talent and capability,” said Mikel Echavarren.

About Colliers (as of February 2026)

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.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/bc470a85-2086-4d75-a09f-90294b66a21f



For further information, please contact:

Media Contact
Sarah Robertson
Head of Communications & Content, EMEA
Sarah.robertson@colliers.com

FAQ

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

When will Laura Hernando start as CEO of Iberia for Colliers (CIGI)?

Laura Hernando will begin as CEO of Iberia in the second quarter of 2026. According to the company, her start is scheduled in Q2 2026 and she will continue concurrently as Managing Director of Hotels for Colliers Spain.

What role will Mikel Echavarren keep after stepping down as Iberia CEO (CIGI)?

Mikel Echavarren will remain as Chairman for the Iberian region and on the EMEA Senior Leadership Team. According to the company, he will work closely with Hernando to ensure seamless client service and support strategic growth.

What experience does Laura Hernando bring to the CEO Iberia role at Colliers (CIGI)?

Laura Hernando brings more than two decades of experience in the Iberian market, especially in hotel transactions. According to the company, she has led major hotel deals, portfolios, corporate transactions, and financial restructurings since joining via IREA in 2018.

How might Laura Hernando’s appointment affect Colliers Iberia’s strategy (CIGI)?

The appointment signals continuity and a focus on growth and client outcomes under established leadership. According to the company, Hernando’s promotion aligns with a long-term strategy and aims to drive the next phase of Iberian growth.

Is Laura Hernando the first female corporate real estate leader for Iberia at Colliers (CIGI)?

Yes, the company highlighted that Hernando becomes the first female corporate real estate leader for Iberia at Colliers. According to the company, this reflects her long tenure and leadership within the organization.

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