CBRE UK Chairman Stephen Hubbard to retire
CBRE has announced today that Stephen Hubbard has decided to retire as UK Chairman and member of the UK Executive Committee at the end of this year. He will be succeeded by Michael Brodtman who has been appointed UK Chairman with effect 1, January 2020.
The decision by Stephen to step down from his role marks the close of a highly successful 40-year career at CBRE. Stephen joined Richard Ellis in 1976 becoming a Partner in 1985, and has served on the UK and European management boards before being appointed to the role of UK Chairman in 2014.
Throughout his career, Stephen has advised domestic and international clients on their investment strategies in the UK, Europe and the rest of the world. He has an outstanding track record in the investment market and has advised on several landmark transactions involving international capital.
Following his retirement from CBRE, Stephen will continue to be involved in the property industry through his various appointments including his ongoing positions as Chairman of LXI REIT plc and Non-Executive Director of Workspace Group Plc.
Stephen Hubbard has made an outstanding contribution to the ongoing success of our business during a period that has seen incredible change and growth. Over four decades, Stephen has been a trusted advisor to his clients, a fantastic mentor and an inspiration to many. We wish him well for the next chapter of his life.
I have had the pleasure of working with Stephen for the last 20 years which has been a hugely rewarding experience, both personally and professionally. Stephen has been an industry leader for CBRE and involved in many iconic transactions, particularly in London. He will be missed by colleagues and clients, but we wish him the very best for the future.
I have had an immensely fulfilling career at the firm and I am very proud to have played a part in building the amazing business CBRE has become. I wish them well for the future.