Michelle MacKay to Succeed John Forrester as Cushman & Wakefield CEO
Thirty-five-year Cushman & Wakefield veteran John Forrester will retire as CEO and member of the board of directors effective June 30, the company said Thursday afternoon. Michelle MacKay, currently president and COO, will assume the CEO role on July 1. Brett White will remain as executive chairman of the Chicago-based company’s board.
Andrew McDonald, currently president of Cushman & Wakefield, will take on an expanded role of global president and COO overseeing all the firm’s service lines and regions.
White said, “In their new roles, the combination of Michelle and Andrew – who also has played a pivotal role in the firm’s profitability, growth and development of new strategic opportunities – creates a formidable leadership team that is uniquely qualified to steer evolution within the commercial real estate services industry.”
With more than 30 years’ experience in commercial real estate, MacKay joined Cushman & Wakefield in 2018 as a board member.