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Chicago & Midwest  + Downtown  |  November 16, 2018
Paul Bubny
By: Paul Bubny

Draper and Kramer Names COO Bancroft as New President, CEO

Draper and Kramer has named COO and general counsel Todd Bancroft (pictured) as its next president and CEO. He has served in these capacities on an interim basis since August, when longtime president and CEO Forrest D. Bailey stepped into a new role as vice chair and CEO emeritus.

As the real estate services firm’s board searched for “the right candidate to bridge the company’s 125-year history with its next chapter, we unanimously identified Todd as the right individual to guide the firm,” said board chairman Stephen P. Miller.

Bancroft joined Draper and Kramer in 2012 as chief administrative officer, SVP and general counsel responsible for mortgage and cash management operations.

In 2014, he was promoted to COO and general counsel, overseeing operations across all four of the company’s divisions, including acquisitions and development, commercial finance and residential management and the residential mortgage services group, Draper and Kramer Mortgage Corp.


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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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