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CB Richard Ellis Announces Promotion of Executives in Global Corporate Services Business Line

Los Angeles – August 16, 2011 – CB Richard Ellis Group, Inc. (CBRE) today announced the promotion of two executives for its Global Corporate Services (GCS) business. Jim Wilson is being promoted to Chief Operating Officer and Ken Loeber is being promoted to Global Chief Sales Officer for GCS. 

In his new role, Mr. Wilson, a 23-year industry veteran, will be responsible for GCS’s major global service lines (Facilities Management, Project Management and Transaction Management) as well as continuing to have operational responsibility for more than 150 corporate clients across all global regions.   

Mr. Loeber, also a 23-year year veteran in the industry, will be responsible for GCS global solutions and business development focused on occupiers of commercial real estate. He will have oversight for business development across the businesses’ three regions in the Americas, as well as for expanded accountability for EMEA and Asia Pacific.  Additionally, he will assume responsibility for the industry vertical teams focused on the healthcare and public sectors. 

Previously, Mr. Wilson led the firm’s “Client Accounts” business, which services more than 150 large corporate clients across all service lines and global regions where he established the delivery of CBRE's services through a client–centric, single point of contact, account management delivery model resulting in client satisfaction, employee satisfaction and implementation of a global platform to result in strong financial performance.  Mr. Wilson’s past assignments at CBRE have also included serving as the East Region Executive Account Leader, overseeing 25 large corporate service relationships.

Mr. Loeber previously served as Global Head of Project Management services for the firm’s business, where he was responsible for the business strategy, resource deployment, tool development and overall delivery of program and project services. 

“The need to deliver integrated global solutions to clients intensifies daily. Jim and Ken are outstanding leaders who know how to meet and exceed those requirements,” said William Concannon, global president of CBRE’s GCS business line. “As COO, Jim’s leadership will further enhance our ‘best in class’ services and innovations across our global organization. As our Global Chief Sales Officer, Ken will drive tremendous focus and excellence across all of our growth-focused activities.”  

CB Richard Ellis signed a record 47 new, expanded and renewal outsourcing contracts in the second quarter of 2011, surpassing its previous record of 44 total contracts signed in a quarter, which was achieved in the first quarter of 2011.


About CB Richard Ellis
CB Richard Ellis 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 2010 revenue). The Company has approximately 31,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CB Richard Ellis 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 website at www.cbre.com.

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