Los Angeles, CA – July 26, 2012 – CBRE Group, Inc. has appointed Mike Lafitte Global President, CBRE Services. In this role, Mr. Lafitte will have executive responsibility for all aspects of CBRE’s service-company operations globally, including the Americas, EMEA, Asia Pacific and Global Corporate Services.
“Mike is an exceptional executive and a strong leader who has excelled in a number of key roles,” said Robert E. Sulentic, President, CBRE. “He has an outstanding record of fostering teamwork to achieve excellent results for our clients, and will help us to build on our market-leading position across global business lines and geographies.”
Mr. Lafitte previously served as President, Americas, where he oversaw CBRE’s largest business segment, with more than $3 billion of annual revenue and more than 20,000 employees. Mr. Lafitte serves on the Global Operating Committee of CBRE.
Prior to becoming President, Americas, Mr. Lafitte was responsible for the company’s Asset Services business in the Americas and Global Corporate Services.
Previously, Mr. Lafitte served as President of Global Services for Trammell Crow Company and was a member of the firm's Executive Committee and Operating Committee. Mr. Lafitte joined Trammell Crow Company in 1997 and served in various roles including Chief Operating Officer of Global Services, Regional Director of the Central region of the U.S. and Dallas Market Leader. Mr. Lafitte joined CB Richard Ellis in December 2006 with the acquisition of Trammell Crow Company.
Mr. Lafitte has been in the commercial real estate business since 1984 when he joined Lincoln Property Company in Dallas and also served in production, leadership and development roles with Bear Stearns and PREMISYS Real Estate Services, an affiliate of Prudential Life Insurance Company.
Mr. Lafitte holds a Bachelor’s degree in Business Administration from the University of Texas and Master’s in Business Administration from Southern Methodist University. He resides in Dallas, Texas with his wife and three children.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2011 revenue). The Company has approximately 34,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our Web site at www.cbre.com.