The world’s largest global real estate firm CBRE has announced today that UK Chairman Stephen Hubbard has decided to retire at the end of the year.
Stephen’s decision to step down from his role as both UK Chairman and member of the UK Executive Committee brings to an end a 40-year career at CBRE. Having joined Richard Ellis in 1976, Stephen became a Partner in 1985 and also went on to serve the UK and European management boards before being appointed to the UK chairman role in 2014.
Commenting on his time with the firm, Stephen Hubbard, Chairman of CBRE UK, said: “I have had an immensely fulfilling career at the firm and I am very proud to have played a part in building the amazing business CBRE has become. I wish them well for the future.”
CBRE’s new UK chairman will be Michael Brodtman who will commence his new position on 1st January 2020.
One of the colleagues paying respects to the departing Chairman was Martin Samworth, Group President & CEO, Advisory Services, APAC/EMEA who said: “I have had the pleasure of working with Stephen for the last 20 years which has been a hugely rewarding experience, both personally and professionally. Stephen has been an industry leader for CBRE and involved in many iconic transactions, particularly in London. He will be missed by colleagues and clients, but we wish him the very best for the future.”