People Space: Major Leadership Changes at Brookfield, C&W | RENX

Mark Carney will chair Brookfield’s new asset management arm. (Courtesy of Brookfield)

Brookfield Asset Management has announced a major reorganization and is reshuffling several top executives, including the former governor of the Bank of Canada and Bank of England Marc Carney.

The company now known as Brookfield Asset Management was renamed Brookfield Corporation, and its management business was spun off to become Brookfield Asset Management Ltd. Carney will be named chairman of the manager in addition to his responsibilities at Brookfield.

Brookfield CEO Bruce Flat will remain as CEO of the manager, while Connor Teske will be named chairman in addition to his role as CEO of the company’s renewable energy and transition arm.

Flatt will also remain CEO of Brookfield Corp., and Nick Goodman is appointed President and Chief Financial Officer. He will focus on the allocation of capital between the company’s operational activities and new business initiatives.

Other appointments include appointment Bahir Manios as the manager’s chief financial officer.

Anuj Ranjan will become chairman of the private equity group in addition to his business development responsibilities at the manager. Brian Kingston, Cyrus Madonna and Sam Pollock will remain CEOs of their respective companies and will become directors of the manager along with Flatt, Carney and seven independent directors.

Maloney, Broderick promoted to C&W

Cushman & Wakefield announced Marla Maloney was promoted to President, Americas Services, and Dan Broderick to the President, Council of the Americas.

Both will continue to report to the President Andre McDonald. Maloney will also continue to be part of the company’s global leadership team and Broderick will join there.

Maloney will oversee asset services, valuation and advisory, as well as project and development services in North and South America.

She previously served as President of Asset Services for the Americas, has been with C&W for over 20 years and is a Certified Property Manager.

She holds an MBA from the University of Illinois Urbana-Champaign and a bachelor’s degree from Illinois Wesleyan University.

Broderick will oversee the provision of brokerage services in all North and South American markets.

He previously served as president of the Americas West region, comprised of the western United States, Canada and Latin America. Prior to this, Broderick held other leadership positions including Regional General Manager of the South West Region.

Broderick has been with C&W for over 11 years. He holds a bachelor’s degree in economics and psychology from Stanford University.

Frederiksen and Hynes new directors of the Summit

Summit Industrial Income REIT (SMU-UN-T) has appointed Scott Frederiksen and Glenn Hynes to its board of directors.

Frederiksen is the former CEO and Director of WPT REIT, which was taken private in October 2021. Frederiksen has had a 30-year career in various roles of increasing responsibility with WPT REIT Director Welsh Property Trust.

He started as an industrial broker in 1987, was named senior vice president in 1996, and became a director in 2006. Frederiksen holds a Bachelor of Science degree from St. Cloud State University, where he graduated summa cum laud.

He is a Certified Commercial Investment Fellow, a member of the National Association of Real Estate Investment Trusts and the Society of Industrial and Office Realtors, and holds a Minnesota real estate broker‘s license.

Hynes is Executive Vice President and Chief Operating Officer of Crombie REIT. He leads the construction, development, leasing and operations of REITs and before becoming chief operating officer in 2018, he served as senior vice president and chief financial officer for eight years.

From 1996 to 2006, Hynes held senior positions at Sobeys Inc., including Executive Vice President and Chief Financial Officer, and Executive Vice President and Chief Development Officer.

Hynes is a graduate of Harvard Business School’s Advanced Management Program and holds a Bachelor of Business Administration from UPEI, and holds a Chartered Accountant designation.

He completed the Institute of Corporate Directors’ Directors Education Program and received the Fellow Chartered Accountant (FCA) designation in 2011.

Jamieson succeeds Chiesa as President of Sienna

Chiesa Dino, chairman of the board of directors of Sienna Senior Living (SIA-T), announced that after a 12-year term, he will step down from the board. Meanwhile, Chiesa also served as interim President and CEO in 2012 and 2013.

Shelly Jamiesonwho joined Sienna as an independent director in November 2021, was named the new chairman.

Somewhere else, Therese Fritsch joined Sienna’s management team as Executive Vice President and Chief Executive Officer.

Fritsch is a seasoned executive with extensive experience in the Canadian retirement residence industry and joins Sienna from Chartwell Retirement Residences where she has held progressive leadership and management positions for the past 17 years.

Fredettes and Sanchez join C&W in Montreal

In Montreal, Cushman & Wakefield added Paul Fredette, Alexandre Fredette and Silvana Sanchez to its industrial team. Paul Fredette joins as Senior Vice President, while Alexandre Fredette and Sanchez join as Senior Partners.

Paul Fredette brings over two decades of industrial real estate experience to Quebec. During his career, he has completed industrial building leasing transactions, custom construction projects, sale-leasebacks, land sales and industrial building sales.

Alexandre Fredette started his career in commercial real estate in 2017, while Sanchez started his career in commercial real estate in 2018 and has over 15 years of business development experience.

Conde assumes operational role at AECOM in Calgary

Rod Conde has been appointed Director of Operations for AECOM’s Buildings + Places business in Calgary.

Conde is an award-winning architect with over 22 years of diverse experience, leadership and expertise. He has worked on a wide range of projects for local and international clients in the retail, light industrial, residential and institutional sectors.

Prior to joining AECOM, Conde was a partner and senior project manager with a Canadian architecture, engineering, interior design and planning firm.

He led a multidisciplinary energy team that delivered retail projects for major oil and gas customers, including serving as a team leader on an electric vehicle charger upgrade program for one of largest integrated oil companies in Canada.

Condé also created his own architectural firm in El Salvador.

He holds a Masters in Architectural Design from Kingston University in London and is a certified construction contract administrator.

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