{"id":394389,"date":"2020-12-07T09:03:40","date_gmt":"2020-12-07T14:03:40","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=394389"},"modified":"2020-12-07T09:03:40","modified_gmt":"2020-12-07T14:03:40","slug":"lasalle-announces-ceo-succession-and-new-leadership-roles","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lasalle-announces-ceo-succession-and-new-leadership-roles\/","title":{"rendered":"LaSalle Announces CEO Succession and New Leadership Roles"},"content":{"rendered":"<div class=\"xn-newslines\">\n<h2 class=\"xn-hedline\">Mark Gabbay appointed Global CEO; Jeff Jacobson to transition to Chairman<\/h2>\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">CHICAGO<\/span>, <span class=\"xn-chron\">Dec. 7, 2020<\/span> \/PRNewswire\/ &#8212;\u00a0LaSalle Investment Management (&#8220;<span class=\"xn-location\">LaSalle<\/span>&#8220;), an operationally independent subsidiary of Jones Lang LaSalle Incorporated (NYSE: JLL), announced today that <span class=\"xn-person\">Mark Gabbay<\/span>, currently CEO and CIO of LaSalle Asia Pacific, will assume the role of LaSalle Global CEO, effective <span class=\"xn-chron\">January 1, 2021<\/span>. Gabbay will succeed <span class=\"xn-person\">Jeff Jacobson<\/span>, who is transitioning leadership after a 14-year tenure as LaSalle Global CEO. Jacobson will stay on as LaSalle Chairman through at least <span class=\"xn-chron\">June 2021<\/span> and will continue to work closely with the leadership team to ensure a smooth transition and continued momentum in the business. <\/p>\n<p>As Global CEO, Gabbay will have overall leadership responsibility for <span class=\"xn-location\">LaSalle&#8217;s<\/span> strategic direction and growth. He will report to <span class=\"xn-person\">Christian Ulbrich<\/span>, President and CEO of JLL. <\/p>\n<p>Gabbay joined <span class=\"xn-location\">LaSalle<\/span> in 2010 as Chief Investment Officer for <span class=\"xn-location\">Asia Pacific<\/span>. In 2015, he became APAC CEO and has since been the central architect of the firm&#8217;s stellar investment performance and robust earnings growth in the region. Gabbay&#8217;s extensive real estate investment background before joining <span class=\"xn-location\">LaSalle<\/span> includes serving as Managing Director and Head of the Asia Asset Finance Division at Nomura and Co-Head of the Asia Pacific Global Real Estate Group at Lehman Brothers. <\/p>\n<p>\n        <b><br \/>\n          <span class=\"xn-person\">Jeff Jacobson<\/span>, incumbent LaSalle CEO said, <\/b>&#8220;Mark&#8217;s experience and track record of outperformance have been critical to the success of our <span class=\"xn-location\">Asia Pacific<\/span> business, and he possesses the right mix of skills, innovative thinking and leadership to drive <span class=\"xn-location\">LaSalle&#8217;s<\/span> growth going forward. The foundation of our business is very solid, and I am confident that the firm will experience great momentum and success with Mark and our entire global leadership team. I look forward to helping this transition and observing the progress in the years ahead.&#8221; <\/p>\n<p>As CEO since 2007, Jacobson successfully led <span class=\"xn-location\">LaSalle<\/span> through two global crises and oversaw a period of expansion with AUM growing over 57% to more than <span class=\"xn-money\">$65 billion<\/span> as of Q3 2020.\u00a0During his tenure, <span class=\"xn-location\">LaSalle<\/span> executed numerous strategic product launches, accretive acquisitions, and a global transformation culminating with a coordinated series of leadership appointments being announced today.\u00a0 <\/p>\n<p>\n        <b><br \/>\n          <span class=\"xn-person\">Christian Ulbrich<\/span>, JLL CEO added, <\/b>&#8220;Jeff&#8217;s leadership and investment expertise have been instrumental in <span class=\"xn-location\">LaSalle&#8217;s<\/span> success over the past 30 years. We thank him for positioning the business on such solid footing and being an outstanding steward for <span class=\"xn-location\">LaSalle&#8217;s<\/span> investors and employees throughout his career. Mark is the right leader to drive the next phase of growth and further enhancing <span class=\"xn-location\">LaSalle&#8217;s<\/span> industry leading real estate investment management offer.&#8221; <\/p>\n<p>\n        <b><br \/>\n          <span class=\"xn-person\">Mark Gabbay<\/span>, incoming LaSalle CEO said, <\/b>&#8220;I am honored and excited to become the next CEO of <span class=\"xn-location\">LaSalle<\/span>. Our global platform, singular real estate focus and investment expertise around the world is unparalleled and I look forward to working with our teams to drive growth, innovation and performance in the years ahead.&#8221;\u00a0<\/p>\n<p>As part of the succession plan, the following leadership changes are being implemented in <span class=\"xn-location\">LaSalle&#8217;s<\/span><span class=\"xn-location\">Asia Pacific<\/span> region:<\/p>\n<ul type=\"disc\">\n<li>\n          <span class=\"xn-person\">Keith Fujii<\/span>, Japan CEO, will step into the Asia Pacific CEO role previously held by <span class=\"xn-person\">Mark Gabbay<\/span><\/li>\n<li>\n          <span class=\"xn-person\">Claire Tang<\/span>, Head of <span class=\"xn-location\">Greater China<\/span>, and <span class=\"xn-person\">Kunihiko (Nick) Okumura<\/span>, Head of Japan Acquisitions, will become Co-CIOs of <span class=\"xn-location\">Asia Pacific<\/span> to fill the CIO role previously held by <span class=\"xn-person\">Mark Gabbay<\/span><\/li>\n<\/ul>\n<p>In addition, the following individuals will be stepping into new global roles as part of the global transformation of <span class=\"xn-location\">LaSalle<\/span>: <\/p>\n<ul type=\"disc\">\n<li>\n          <span class=\"xn-person\">Tim Kessler<\/span>, Global Head of Corporate Strategy and Development, will become Global Chief Operating Officer <\/li>\n<li>Alok Gaur, Global Co-Head of Client Capital Group, will become Global Head of Client Capital Group <\/li>\n<li>\n          <span class=\"xn-person\">Jon Zehner<\/span>, Global Co-Head of Client Capital Group, is transitioning to CEO of Global Partner Solutions, <span class=\"xn-location\">LaSalle&#8217;s<\/span> global unlisted indirect business unit, succeeding <span class=\"xn-person\">Ed Casal<\/span><\/li>\n<\/ul>\n<p>Other members of <span class=\"xn-location\">LaSalle&#8217;s<\/span> executive leadership team remain in place:<\/p>\n<ul type=\"disc\">\n<li>\n          <span class=\"xn-person\">Jacques Gordon<\/span> as Global Strategist <\/li>\n<li>\n          <span class=\"xn-person\">Lisa Kaufman<\/span> as CEO Global Real Estate Securities <\/li>\n<li>\n          <span class=\"xn-person\">Gordon Repp<\/span> as General Counsel <\/li>\n<li>\n          <span class=\"xn-person\">Mike Ricketts<\/span> as Global Chief Financial Officer <\/li>\n<li>\n          <span class=\"xn-person\">Darline Scelzo<\/span> as Chief Human Resources Officer <\/li>\n<li>\n          <span class=\"xn-person\">Jason Kern<\/span> as CEO Americas <\/li>\n<li>\n          <span class=\"xn-person\">Philip La Pierre<\/span> as CEO Europe<\/li>\n<\/ul>\n<p>\n        <b>LaSalle Contact: <\/b><br \/>\n        <span class=\"xn-person\">Matt Schuler<\/span><br \/>\n        <br \/>\n        <b>Phone: <\/b>+1 312 897 4192<br \/><b>Email: <\/b><a target=\"_blank\" href=\"mailto:Matt.Schuler@lasalle.com\" rel=\"nofollow noopener noreferrer\">Matt.Schuler@lasalle.com<\/a>\u00a0<\/p>\n<p>\n        <b>JLL Contact:<\/b>\u00a0Gayle Kantro<br \/><b>Phone:<\/b>\u00a0+1 312 228 2795<br \/><b>Email:<\/b>\u00a0<a target=\"_blank\" href=\"mailto:Gayle.Kantro@am.jll.com\" rel=\"nofollow noopener noreferrer\">Gayle.Kantro@am.jll.com<\/a>\u00a0<\/p>\n<p>\n        <b>About LaSalle Investment Management <br \/><\/b>LaSalle Investment Management is one of the world&#8217;s leading real estate investment managers. On a global basis, <span class=\"xn-location\">LaSalle<\/span> manages more than <span class=\"xn-money\">$65 billion<\/span> of assets in private and public real estate property and debt investments as of Q3 2020. <span class=\"xn-location\">LaSalle&#8217;s<\/span> diverse client base includes public and private pension funds, insurance companies, governments, corporations, endowments and private individuals from across the globe. <span class=\"xn-location\">LaSalle<\/span> sponsors a complete range of investment vehicles including separate accounts, open- and closed-end funds, public securities and entity-level investments. For more information visit <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3003179-1&amp;h=4065310468&amp;u=http%3A%2F%2Fwww.lasalle.com%2F&amp;a=www.lasalle.com\" rel=\"nofollow noopener noreferrer\">www.lasalle.com<\/a>, and <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3003179-1&amp;h=1559816790&amp;u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Flasalle-investment-management%2F&amp;a=LinkedIn\" rel=\"nofollow noopener noreferrer\">LinkedIn<\/a>.<\/p>\n<p>\n        <b>About JLL<br \/><\/b>JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of <span class=\"xn-money\">$18.0 billion<\/span> in 2019, operations in over 80 countries and a global workforce of over 92,000 as of <span class=\"xn-chron\">September 30, 2020<\/span>. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3003179-1&amp;h=234691309&amp;u=http%3A%2F%2Fir.jll.com%2F&amp;a=ir.jll.com\" rel=\"nofollow noopener noreferrer\">ir.jll.com<\/a>.<\/p>\n<p>\n        <i>This communication may contain forward-looking statements with respect to LaSalle Investment Management. Forward-looking statements are statements that are not descriptions of historical facts and include statements regarding management&#8217;s intentions, beliefs, expectations, research, market analysis, plans or predictions of the future. Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements.<\/i>\n      <\/p>\n<p>\n        <i>This information discussed above is based on the market analysis and expectations of <span class=\"xn-location\">LaSalle<\/span> and should not be relied upon by the reader as research or investment advice regarding <span class=\"xn-location\">LaSalle<\/span> funds or any issuer or security in particular. The information presented herein is for illustrative and educational purposes and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy in any jurisdiction where prohibited by law or where contrary to local law or regulation. Any such offer to invest, if made, will only be made to certain qualified investors by means of a private placement memorandum or applicable offering document and in accordance with applicable laws and regulations. Past performance is not indicative of future results, nor should any<\/i><br \/>\n        <i>\u00a0statements herein be construed as a prediction or guarantee of future results<\/i><br \/>\n        <i>.<\/i>\n      <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder7767\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1359050\/LaSalle_Mark_Gabbay.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1359050\/LaSalle_Mark_Gabbay.jpg\" title=\"Mark Gabbay\" alt=\"Mark Gabbay\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder0\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1359048\/LaSalle_Jeff_Jacobson.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1359048\/LaSalle_Jeff_Jacobson.jpg\" title=\"Jeff Jacobson\" alt=\"Jeff Jacobson\" \/><br \/>\n          <\/a>\n        <\/p>\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1359049\/LaSalle_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1359049\/LaSalle_Logo.jpg\" title=\"LaSalle Investment Management Logo\" alt=\"LaSalle Investment Management Logo\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CL13829&amp;sd=2020-12-07\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/lasalle-announces-ceo-succession-and-new-leadership-roles-301187006.html\">http:\/\/www.prnewswire.com\/news-releases\/lasalle-announces-ceo-succession-and-new-leadership-roles-301187006.html<\/a><\/p>\n<p>SOURCE  JLL-IR; LaSalle Investment Management<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CL13829&amp;Transmission_Id=202012070900PR_NEWS_USPR_____CL13829&amp;DateId=20201207\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mark Gabbay appointed Global CEO; Jeff Jacobson to transition to Chairman PR Newswire CHICAGO, Dec. 7, 2020 \/PRNewswire\/ &#8212;\u00a0LaSalle Investment Management (&#8220;LaSalle&#8220;), an operationally independent subsidiary of Jones Lang LaSalle Incorporated (NYSE: JLL), announced today that Mark Gabbay, currently CEO and CIO of LaSalle Asia Pacific, will assume the role of LaSalle Global CEO, effective January 1, 2021. Gabbay will succeed Jeff Jacobson, who is transitioning leadership after a 14-year tenure as LaSalle Global CEO. Jacobson will stay on as LaSalle Chairman through at least June 2021 and will continue to work closely with the leadership team to ensure a smooth transition and continued momentum in the business. As Global CEO, Gabbay will have overall leadership responsibility for LaSalle&#8217;s strategic &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lasalle-announces-ceo-succession-and-new-leadership-roles\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;LaSalle Announces CEO Succession and New Leadership Roles&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-394389","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>LaSalle Announces CEO Succession and New Leadership Roles - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lasalle-announces-ceo-succession-and-new-leadership-roles\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LaSalle Announces CEO Succession and New Leadership Roles - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Mark Gabbay appointed Global CEO; Jeff Jacobson to transition to Chairman PR Newswire CHICAGO, Dec. 7, 2020 \/PRNewswire\/ &#8212;\u00a0LaSalle Investment Management (&#8220;LaSalle&#8220;), an operationally independent subsidiary of Jones Lang LaSalle Incorporated (NYSE: JLL), announced today that Mark Gabbay, currently CEO and CIO of LaSalle Asia Pacific, will assume the role of LaSalle Global CEO, effective January 1, 2021. Gabbay will succeed Jeff Jacobson, who is transitioning leadership after a 14-year tenure as LaSalle Global CEO. Jacobson will stay on as LaSalle Chairman through at least June 2021 and will continue to work closely with the leadership team to ensure a smooth transition and continued momentum in the business. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/lasalle-announces-ceo-succession-and-new-leadership-roles\/","og_locale":"en_US","og_type":"article","og_title":"LaSalle Announces CEO Succession and New Leadership Roles - Market Newsdesk","og_description":"Mark Gabbay appointed Global CEO; Jeff Jacobson to transition to Chairman PR Newswire CHICAGO, Dec. 7, 2020 \/PRNewswire\/ &#8212;\u00a0LaSalle Investment Management (&#8220;LaSalle&#8220;), an operationally independent subsidiary of Jones Lang LaSalle Incorporated (NYSE: JLL), announced today that Mark Gabbay, currently CEO and CIO of LaSalle Asia Pacific, will assume the role of LaSalle Global CEO, effective January 1, 2021. Gabbay will succeed Jeff Jacobson, who is transitioning leadership after a 14-year tenure as LaSalle Global CEO. Jacobson will stay on as LaSalle Chairman through at least June 2021 and will continue to work closely with the leadership team to ensure a smooth transition and continued momentum in the business. As Global CEO, Gabbay will have overall leadership responsibility for LaSalle&#8217;s strategic &hellip; Continue reading \"LaSalle Announces CEO Succession and New Leadership Roles\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/lasalle-announces-ceo-succession-and-new-leadership-roles\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-07T14:03:40+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/1359050\/LaSalle_Mark_Gabbay.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lasalle-announces-ceo-succession-and-new-leadership-roles\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lasalle-announces-ceo-succession-and-new-leadership-roles\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"LaSalle Announces CEO Succession and New Leadership Roles","datePublished":"2020-12-07T14:03:40+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lasalle-announces-ceo-succession-and-new-leadership-roles\/"},"wordCount":1097,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lasalle-announces-ceo-succession-and-new-leadership-roles\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/1359050\/LaSalle_Mark_Gabbay.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lasalle-announces-ceo-succession-and-new-leadership-roles\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/lasalle-announces-ceo-succession-and-new-leadership-roles\/","name":"LaSalle Announces CEO Succession and New Leadership Roles - 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