Cushman & Wakefield expands board with two new administrators By Investing.com

CHICAGO – Cushman & Wakefield (NYSE: NYSE:), a worldwide chief in industrial actual property providers, introduced right now the appointment of Jennifer McPeek and Raj Vennam to its Board of Administrators. The appointments come into impact instantly, filling the vacancies left by outgoing administrators Tony Miller and Lincoln Pan.

Jennifer McPeek’s addition to the board is marked by her in depth expertise within the monetary providers business, having held govt roles at Russell Investments and Janus Henderson Traders plc, amongst others.

At the moment, she serves on the board of Cboe World Markets (NYSE:), Inc. and the First American Funds Belief Board of Trustees. McPeek’s educational credentials embody a B.A. in Arithmetic and Economics from Duke College and an MBA from the MIT Sloan Faculty of Administration.

Raj Vennam brings over 20 years of experience in finance, technique, and monetary planning to the agency. He’s presently the SVP and Chief Monetary Officer of Darden Eating places (NYSE:), Inc., with a historical past of management roles throughout the firm.

Vennam’s academic background encompasses an MBA from the College of Central Florida, an M.S. in Electrical Engineering from Outdated Dominion College, and an engineering diploma from Osmania College.

Government Chairman Brett White expressed enthusiasm for the brand new appointments, stating that McPeek and Vennam are extremely completed executives whose experience in finance and technique will add important worth to the agency.

The brand new board members substitute Miller and Pan, who had been nominated by PAG and have stepped down after a decade of funding in Cushman & Wakefield. Lincoln Pan, Accomplice and Co-Head of Non-public Fairness at PAG, expressed confidence within the strategic path of the corporate underneath the management of Michelle MacKay and her crew.

Cushman & Wakefield operates in almost 400 workplaces throughout 60 international locations, with roughly 52,000 staff. The corporate reported $9.5 billion in income in 2023 and is acknowledged for its award-winning tradition and dedication to range, fairness, inclusion, and sustainability.

The data on this article relies on a press launch assertion from Cushman & Wakefield.

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