CBRE Splits CFO, CIO Role, Launches Search for New CFO
Los Angeles-based CBRE Group, Inc. plans to divide the responsibilities of its CFO and CIO into two senior executive positions. Jim Groch, who has led both financial management and capital deployment functions since early 2014, will transition to focus full-time on capital allocation and deployment as Global Group President and CIO.
CBRE’s Bob Sulentic (pictured above) says, “Jim has had a profoundly positive impact on CBRE, and has overseen a broad range of strategically important responsibilities for the company for an extended period of time. Going forward, we will benefit tremendously from Jim’s exclusive focus on capital allocation and deployment.”
Groch will primarily focus on opportunities to deploy capital in the company’s merger-and-acquisition program, and to allocate capital that will be invested by its real estate investments businesses.
CBRE has initiated a search for the new CFO. Based in Dallas, the CFO will oversee CBRE’s finance and accounting organization, tax, treasury, financial planning and analytics, business intelligence and investor relations.
Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services.
In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company.
In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix.
Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator.
Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements.
Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.
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