Glenn Rufrano will leave the top post at Centro Properties Group to become president and CEO of Cushman & Wakefield Inc. Joining the real estate firm March 22 at its Manhattan headquarters, he also will serve on its board of directors.
Rufrano since 2008 has been CEO at Australian-based Centro, an owner and manager of retail shopping centers. He previously was CEO of New Plan Excel Realty Trust Inc. from 2000 to 2007.
In 1983, Rufrano was a co-founder of The O”™Connor Group, currently O”™Connor Capital Partners, a private international real estate investment group, which he left in 2000. Rufrano also spent more than five years at Landauer Associates Inc., where he was involved in the sale of some of the most prominent office properties in the U.S.
“His extensive real estate experience and management background make him the ideal leader to grow the company and further expand the brand worldwide,” said Carlo Barel di Sant”™Albano, a Cushman & Wakefield board member and CEO of EXOR S.p.A., the investment company of the Agnelli family and the majority shareholder of Cushman & Wakefield. “We are confident that Glenn has the vision to lead Cushman & Wakefield, creating meaningful value for our clients, employees and other stakeholders.”
Rufrano is a graduate of Rutgers University and holds a master”™s degree in real estate from Florida International University. He sits on the boards of General Growth Properties Inc. and New York University”™s Real Estate Institute and was previously a director of Trizec Properties Inc., a public real estate investment trust, and Criimi Mae Inc., a mortgage REIT.
Rufrano replaces Bruce Mosler at Cushman & Wakefield. Mosler, president and CEO for five years at the commercial real estate services firm, became its board co-chairman on Jan. 1.
