©Reuters.
CHICAGO – Cushman & Wakefield (NYSE: NYSE:), a global leader in commercial real estate services, today announced the appointment of Jennifer McPeek and Raj Vennam to its Board of Directors. The appointments are effective immediately, filling vacancies left by outgoing directors Tony Miller and Lincoln Pan.
Jennifer McPeek’s addition to the board is marked by her extensive experience in the financial services industry, having held executive roles at Russell Investments and Janus Henderson Investors plc, among others.
He currently serves on the board of directors of Cboe Global Markets (NYSE:), Inc. and the board of directors of First American Funds Trust. McPeek’s academic credentials include a bachelor’s degree in mathematics and economics from Duke University and an MBA from the MIT Sloan School of Management.
Raj Vennam brings more than two decades of experience in finance, strategy and financial planning to the firm. He currently serves as senior vice president and chief financial officer of Darden Restaurants (NYSE:), Inc., with a history of serving in leadership roles within the company.
Vennam’s educational background includes an MBA from the University of Central Florida, a master’s degree in electrical engineering from Old Dominion University and a bachelor’s degree in engineering from Osmania University.
Executive Chairman Brett White expressed excitement about the new appointments, saying McPeek and Vennam are highly talented executives whose experience in finance and strategy will add significant value to the company.
The new board members replace Miller and Pan, who were appointed by PAG and stepped down after a decade of investing in Cushman & Wakefield. Lincoln Pan, partner and co-head of Private Equity at PAG, expressed confidence in the firm’s strategic direction under the leadership of Michelle MacKay and her team.
Cushman & Wakefield operates in nearly 400 offices in 60 countries, with approximately 52,000 employees. The company reported 2023 revenue of $9.5 billion and is recognized for its award-winning culture and commitment to diversity, equity, inclusion and sustainability.
The information in this article is based on a press release from Cushman & Wakefield.
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