Appointee previously headed its operations in Canada and Latin America
CBRE Group, a Fortune 500 commercial real estate firm, has brought on Blake Hutcheson (pictured) as the newest member of its board of directors, effective September 1.
Hutcheson is the president and CEO of Ontario Municipal Employees Retirement System (OMERS), one of Canada’s largest defined-benefit pension plans with $120 billion AUM as of year-end 2021. Before OMERS, he was the president, CEO, and chief investment officer of Oxford Properties Group, OMERS’s real estate investment subsidiary.
Earlier in his career, Hutcheson served as head of global real estate at New York-based private equity firm Mount Kellett Capital Management. He was also the chair and president of CBRE’s business operations in Canada and Latin America.
Hutcheson will stand for election at CBRE’s next Annual Stockholder Meeting in Spring 2023.
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Commenting on the appointment, which expanded the firm’s board to 11 directors, CBRE board chair Brandon Boze said: “Blake is an astute businessman and investor. Our board will benefit enormously from his varied experience as a real estate investor and operator. We look forward to the strategic thinking and keen insights he will bring to our efforts to drive CBRE’s continued success.”
“I am thrilled to be re-joining CBRE, a company I know intimately both as a client and longtime employee,” Hutcheson said. “CBRE is well positioned strategically and operationally to thrive across market cycles, and I look forward to working with my fellow directors to extend the company’s outstanding track record of growth and excellence in client service.”