Paula Reynolds Appointed to CBRE Group, Inc. Board of Directors
CBRE Group, Inc. (NYSE:CBG) today announced that Paula R. Reynolds, an
accomplished senior executive and highly experienced board member, has
been appointed to its Board of Directors.
Ms. Reynolds served as Chief Executive Officer of Safeco Corporation, a
Fortune 500 property and casualty insurance company, until its
acquisition by Liberty Mutual Group in 2008. She then served as Chief
Restructuring Officer at American International Group, overseeing the
divestiture of assets and serving as chief liaison with the Federal
Reserve Bank of New York. Earlier in her career, she served as Chairman
& Chief Executive Officer at AGL Resources, a natural gas operator, and
held a variety of other senior executive positions.
Ms. Reynolds has led her own business advisory firm, PreferWest, LLC,
since 2009. She currently serves on the Boards of Directors of BP
p.l.c., BAE Systems plc and TransCanada Corporation.
“Paula is a wonderful addition to our Board,” said Ray Wirta, CBRE’s
Chairman of the Board. “We will benefit significantly from her
extensive, far-reaching experience and proven strategic insight.”
“I am very pleased to join the CBRE Board,” Ms. Reynolds said. “The
company is the leading firm in commercial real estate services and has a
well-established strategy to strengthen its market position. I look
forward to working with my fellow directors to help the company continue
its success and further build shareholder value.”
In 2014, the National Association of Corporate Directors recognized Ms.
Reynolds with a lifetime achievement award for exceptional contributions
as a board member. She previously served on the Boards of Directors of
Anadarko Petroleum Corporation, Delta Air Lines, Inc., Safeco
Corporation, Coca-Cola Enterprises, Inc. and Air Products and Chemicals
Inc.
Ms. Reynolds chairs the Board of Trustees at the Fred Hutchinson Cancer
Research Center. She holds a B.A. degree from Wellesley College.
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 and investment firm (in terms of 2015 revenue). The
Company has more than 70,000 employees (excluding affiliates), and
serves real estate owners, investors and occupiers through more than 400
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 website at www.cbre.com.
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Copyright Business Wire 2016
Source: Business Wire
(March 14, 2016 - 5:00 PM EDT)
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