CBRE GI names Ritson Ferguson as new CEO

Ritson Ferguson has been named as the new CEO of CBRE Global Investors following Matt Khournie’s move to the Trammell Crow Company.

Ferguson, who has 30 years of experience in real estate, has been chief investment officer (CIO) since last August and was previously a member of the Global Investment Committee. He will continue in his role as CEO of CBRE Clarion Securities, the company’s real estate securities business.

Khournie is leaving CBRE GI after six years to return to Dallas-based developer Trammell Crow Company as CEO. Before joining CBRE GI in 2009 he spent 29 years as a senior leader at Trammell Crow, an independent subsidiary of CBRE.

Bob Sulentic, president and CEO of Los Angeles-based CBRE Group, said: ‘Ritson is the ideal successor for Matt. He has outstanding investment acumen, experience running global strategies and producing great outcomes for our clients, as well as a deep understanding of the Global Investors business.’

Following Ferguson’s promotion, Danny Queenan, who was named COO of CBRE GI last August, will focus on running the company’s operations and strategic initiatives.