CBRE Group Management

Management criteria checks 2/4

CBRE Group's CEO is Bob Sulentic, appointed in Mar 2010, has a tenure of 14.08 years. total yearly compensation is $18.36M, comprised of 6.8% salary and 93.2% bonuses, including company stock and options. directly owns 0.32% of the company’s shares, worth €78.14M. The average tenure of the management team and the board of directors is 1.6 years and 6.7 years respectively.

Key information

Bob Sulentic

Chief executive officer

US$18.4m

Total compensation

CEO salary percentage	6.8%
CEO tenure	14.1yrs
CEO ownership	0.3%
Management average tenure	1.6yrs
Board average tenure	6.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bob Sulentic's remuneration changed compared to CBRE Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$18m	US$1m	US$986m
Sep 30 2023	n/a	n/a	US$590m
Jun 30 2023	n/a	n/a	US$846m
Mar 31 2023	n/a	n/a	US$1b
Dec 31 2022	US$26m	US$1m	US$1b
Sep 30 2022	n/a	n/a	US$2b
Jun 30 2022	n/a	n/a	US$2b
Mar 31 2022	n/a	n/a	US$2b
Dec 31 2021	US$14m	US$940k	US$2b
Sep 30 2021	n/a	n/a	US$1b
Jun 30 2021	n/a	n/a	US$1b
Mar 31 2021	n/a	n/a	US$846m
Dec 31 2020	US$12m	US$249k	US$752m
Sep 30 2020	n/a	n/a	US$1b
Jun 30 2020	n/a	n/a	US$1b
Mar 31 2020	n/a	n/a	US$1b
Dec 31 2019	US$13m	US$1m	US$1b
Sep 30 2019	n/a	n/a	US$1b
Jun 30 2019	n/a	n/a	US$1b
Mar 31 2019	n/a	n/a	US$1b
Dec 31 2018	US$10m	US$998k	US$1b
Sep 30 2018	n/a	n/a	US$829m
Jun 30 2018	n/a	n/a	US$737m
Mar 31 2018	n/a	n/a	US$710m
Dec 31 2017	US$9m	US$990k	US$697m

Compensation vs Market: Bob's total compensation ($USD18.36M) is above average for companies of similar size in the German market ($USD5.66M).

Compensation vs Earnings: Bob's compensation has been consistent with company performance over the past year.

CEO

Bob Sulentic (67 yo)

14.1yrs

Tenure

US$18,358,834

Compensation

Mr. Robert E. Sulentic, also known as Bob, serves as Chairman of CBRE Group, Inc. since November 17, 2023. He serves as Chair of Board of Directors of CBRE Acquisition Holdings, Inc. Mr. Sulentic serves as...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Robert Sulentic	President	14.1yrs	US$18.36m	0.32% $ 78.1m
Emma Giamartino	Chief Financial Officer	2.8yrs	US$4.88m	0.010% $ 2.5m
Daniel Queenan	Chief Executive Officer of Real Estate Investments	no data	US$5.75m	0.060% $ 14.7m
Vikramaditya Kohli	Chief Operating Officer	less than a year	no data	0.023% $ 5.7m
Croft Young	Chief Investment Officer	less than a year	no data	0.0059% $ 1.5m
Lindsey Caplan	Chief Accounting Officer	1.6yrs	no data	0.0075% $ 1.9m
Alison Caplan	Chief Administrative Officer	less than a year	no data	no data
Bradley Burke	Head of Investor Relations	6.8yrs	no data	no data
Elizabeth Atlee	Senior VP and Chief Ethics & Compliance Officer	4.4yrs	no data	no data
Chad Doellinger	Executive VP	less than a year	no data	0.0058% $ 1.4m
Steven Iaco	Senior Managing Director of Corporate Communications & Investor Relations	no data	no data	no data
Jeffrey Pion	Vice Chairman of Brokerage Services	no data	no data	no data

1.6yrs

Average Tenure

49yo

Average Age

Experienced Management: RF6's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Robert Sulentic	President	11.3yrs	US$18.36m	0.32% $ 78.1m
Shira Goodman	Lead Independent Director	4.9yrs	US$382.90k	0.0049% $ 1.2m
Gerardo Lopez	Independent Director	8.5yrs	US$345.26k	0.013% $ 3.1m
Christopher Jenny	Independent Director	8.3yrs	US$349.98k	0.019% $ 4.6m
Oscar Munoz	Independent Director	3.4yrs	US$329.98k	0.0020% $ 489.1k
Beth Cobert	Independent Director	6.9yrs	US$354.96k	0.0069% $ 1.7m
E. M. Hutcheson	Independent Director	1.6yrs	US$329.98k	0.00090% $ 221.2k
Susan Meaney	Independent Director	2.1yrs	US$329.98k	0.0011% $ 265.4k
Sanjiv Yajnik	Independent Director	6.4yrs	US$329.98k	0.0073% $ 1.8m
Brandon Boze	Independent Director	11.3yrs	US$329.98k	0% $ 0
Anshuman Magazine	Chairman of India	7.8yrs	no data	no data
Reginald Gilyard	Independent Director	5.4yrs	US$329.98k	0.0048% $ 1.2m

6.7yrs

Average Tenure

64yo

Average Age

Experienced Board: RF6's board of directors are considered experienced (6.7 years average tenure).

CBRE Group Management

Management criteria checks 2/4

Key information

Recent management updates

CBRE Group, Inc., Annual General Meeting, May 22, 2024

Chandra Dhandapani as CEO, GWS Leaves CBRE on September 8, 2024

CBRE Appoints David Maguire as Head of Occupier Sustainability ESG, Continental Europe

CBRE Announces Executive Changes

CBRE Group, Inc. Appoints Guy Metcalfe to the Board of Directors

Insider recently sold €2.2m worth of stock

Recent updates

CBRE Group, Inc., Annual General Meeting, May 22, 2024

CBRE Group, Inc. to Report Q1, 2024 Results on May 03, 2024

Chandra Dhandapani as CEO, GWS Leaves CBRE on September 8, 2024

CBRE Appoints David Maguire as Head of Occupier Sustainability ESG, Continental Europe

CBRE Announces Executive Changes

CBRE Group, Inc. (NYSE:CBRE) completed the acquisition of J&J Maintenance, Inc. from Arlington Capital Partners V, L.P., managed by Arlington Management Employees, LLC.

CBRE Group, Inc. Appoints Guy Metcalfe to the Board of Directors

Insider recently sold €2.2m worth of stock

Full year 2023 earnings released: EPS: US$3.20 (vs US$4.36 in FY 2022)

CBRE Group, Inc. (NYSE:CBRE) entered into a definitive agreement to acquire J&J Maintenance, Inc. from Arlington Management Employees, LLC for $1.1 billion.

CBRE Group, Inc. (NYSE:CBRE) entered into a definitive agreement to acquire J&J Maintenance, Inc. from Arlington Management Employees, LLC for $1.1 billion.

CBRE Group, Inc. to Report Q4, 2023 Results on Feb 15, 2024

CBRE Announces Management Changes

CBRE Group, Inc. Appoints Robert Sulentic as Board Chair

CBRE Appoints Stephen Proudley as Executive Director and Head of Northern Retail

CBRE Group, Inc. (NYSE:CBRE) acquired Sovereign Centros Limited.

New minor risk - Earnings quality

Third quarter 2023 earnings released: EPS: US$0.62 (vs US$1.40 in 3Q 2022)

CBRE Group, Inc. to Report Q3, 2023 Results on Oct 27, 2023

CBRE Appoints Lesley Holloway as Head of Corporate ESG for its UK and Ireland Advisory Business

CBRE Hires Jeremy Eddy as Head of Living Capital Markets for Europe

CBRE Appoints Tommie Reilly as Managing Director

New minor risk - Insider selling

CBRE Group, Inc. Announces Executive Changes

Second quarter 2023 earnings released: EPS: US$0.65 (vs US$1.50 in 2Q 2022)

CBRE Group, Inc. to Report Q2, 2023 Results on Jul 27, 2023

CBRE Group, Inc.(NYSE:CBRE) dropped from Russell 1000 Growth Index

CBRE Group, Inc. Appoints Richard Howard as an Executive Director in Its West End Investor Leasing Team

CBRE Group, Inc. (NYSE:CBRE) acquired Valuation & Information Group.

Insider recently sold €465k worth of stock

First quarter 2023 earnings released: EPS: US$0.38 (vs US$1.18 in 1Q 2022)

Full year 2022 earnings released: EPS: US$4.36 (vs US$5.48 in FY 2021)

CBRE Group, Inc. Announces Michael J. Lafitte, Currently Serving as Global Group President, CBRE Client Care and Chief Executive Officer of Trammell Crow Company, Departs on February 17, 2023

CBRE Names Roshan Wial Head of London Middle East Team

CBRE Group, Inc. to Report Q4, 2022 Results on Feb 23, 2023

CBRE Group, Inc. (NYSE:CBRE) entered into a definitive agreement to acquire H2M Sverige Ab.

CBRE Group, Inc. (NYSE:CBRE) entered into an agreement to acquire APS Maintain business from BSA Limited (ASX:BSA) for AUD 20 Million.

CBRE Group, Inc. (NYSE:CBRE) acquired Full Spectrum Group Inc. from Pfingsten Partners, L.L.C. for $110 million.

CBRE Group, Inc. (NYSE:CBRE) acquired Full Spectrum Group Inc. from Pfingsten Partners, L.L.C. for $110 million.

Third quarter 2022 earnings released: EPS: US$1.40 (vs US$1.30 in 3Q 2021)

CBRE Group, Inc. to Report Q3, 2022 Results on Oct 27, 2022

CBRE Announces Two New Senior Hires

CBRE Group, Inc. Announces Executive Changes

CBRE Group, Inc. Appoints Blake Hutcheson to Board of Directors, Effective September 1, 2022

Second quarter 2022 earnings released: EPS: US$1.50 (vs US$1.32 in 2Q 2021)

CBRE Group, Inc. Announces Impairment Charges for the Three Months Ended June 30, 2022

CBRE Group, Inc. (NYSE:CBRE) acquired Cold River Land, LLC.

CBRE Group, Inc. to Report Q2, 2022 Results on Aug 04, 2022

CBRE Group, Inc. (NYSE:CBRE) acquired Green Soluce SAS.

CBRE Group, Inc. Announces Management Changes

CBRE Group, Inc. (NYSE:CBRE) acquired Dougray Smith.

CBRE Group, Inc. (NYSE:CBRE) acquired remaining 50% stake in Arnheim & Neeley Inc from Jeffrey Ackerman and other professionals.

CBRE Group, Inc., Annual General Meeting, May 18, 2022

CBRE Group, Inc., Annual General Meeting, May 18, 2022

CBRE Group, Inc. to Report Q1, 2022 Results on May 05, 2022

CBRE Group, Inc. to Discontinue Most Business in Russia

Insider recently sold €644k worth of stock

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

CBRE Appoints Richard Bashford to Retail Investment Team as Senior Director

CBRE Group, Inc. Announces Board Appointments in Russia

CBRE Group, Inc. (NYSE:CBRE) acquired Building Information Systems LLC.

CBRE Group, Inc. (NYSE:CBRE) announces an Equity Buyback for $2,000 million worth of its shares.

Insider recently sold €947k worth of stock

Third quarter 2021 earnings released: EPS US$1.30 (vs US$0.55 in 3Q 2020)

Key Executive recently sold €1.5m worth of stock

Second quarter 2021 earnings released: EPS US$1.32 (vs US$0.24 in 2Q 2020)

CBRE Group, Inc. (NYSE:CBRE) acquired Union Gaming Group, LLC.

Independent Director has left the company

Independent Director has left the company