Colliers Welcomes John Sullivan as New Board Member

Colliers Welcomes John Sullivan to Its Board of Directors

Colliers International Group Inc. (NASDAQ: CIGI, TSX: CIGI) has announced an exciting new addition to its leadership team with the appointment of John Sullivan to the Board of Directors. This strategic move is effective immediately, reflecting Colliers' commitment to enhancing its governance and expertise in the real estate sector.

John Sullivan: A Wealth of Experience

John Sullivan brings over 30 years of diverse experience in real estate, which includes an extensive background in acquisitions, dispositions, asset management, and development. He previously held the esteemed position of President and Chief Executive Officer at The Cadillac Fairview Corporation Limited, where he led the company for 13 impactful years until his retirement in 2023.

Roles Before Cadillac Fairview

Before assuming the CEO role, Sullivan accumulated significant experience in several senior positions at Cadillac Fairview. His career also includes key roles with reputable firms like Marathon Realty Corporation and Brookfield Properties Corporation. His vast knowledge and hands-on involvement in the industry make him a valuable asset for Colliers.

Colliers' Strategy for Growth

The appointment of John Sullivan comes at a pivotal time for Colliers as it aims to expand its global reach and enhance its service offerings. Jay Hennick, the Chairman and Chief Executive Officer of Colliers, expressed enthusiasm about Sullivan's joining the board, stating, "We are delighted to have John Sullivan on our Board. His extensive expertise in the real estate sector, developed over decades, makes him an invaluable asset as we continue driving Colliers’ growth and success in the years ahead."

The Importance of Experienced Leadership

This move underlines the company's strategic approach in selecting leaders with proven track records. The insights and innovative perspectives that Sullivan brings will help shape Colliers' trajectory as it continues to thrive in a competitive industry.

About Colliers International

Colliers (NASDAQ, TSX: CIGI) is a well-established global leader in diversified professional services, specializing in commercial real estate, engineering consultancy, and investment management. The company operates in 70 countries, boasting a talented workforce of 22,000 professionals dedicated to delivering exceptional service and expert advice to clients.

For nearly three decades, Colliers has demonstrated a strong commitment to empowering its clients, with consistent performance that has yielded a compound annual investment return of approximately 20% for shareholders. With annual revenues surpassing $4.5 billion and a robust $99 billion in assets under management, Colliers aims to maximize the potential of property, infrastructure, and various real assets to further the success of its clients and investors.

Continuous Innovation in Services

The company’s ongoing success is attributed to its entrepreneurial spirit and adaptability in a rapidly evolving real estate market. Colliers continues to innovate and expand its offerings to stay ahead of market trends and client needs, ensuring that they remain at the forefront of the industry.

Company Contact Information

For media inquiries or more information about Colliers, please reach out to:

Christian Mayer
Chief Financial Officer
(416) 960-9500

Frequently Asked Questions

Who is John Sullivan?

John Sullivan is the newly appointed member of the Board of Directors at Colliers International, bringing over 30 years of real estate experience.

What role did John Sullivan previously hold?

Sullivan was the President and Chief Executive Officer of The Cadillac Fairview Corporation Limited before retiring in 2023.

Why is Sullivan's appointment significant for Colliers?

Sullivan's extensive industry experience and leadership insights are expected to drive Colliers’ growth and enhance its governance.

What does Colliers specialize in?

Colliers focuses on commercial real estate services, engineering consultancy, and investment management across the globe.

How successful has Colliers been financially?

Colliers has consistently delivered about 20% compound annual investment returns for its shareholders with annual revenues exceeding $4.5 billion.

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