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Robert E. Sulentic

Chair of the Board, President, and CEO at CBRE GROUP
Board
Since December 2012
Age
68 years
Education
Holds a B.A. from Iowa State University and an M.B.A. from Harvard Business School.
Tenure
Joined CBRE in December 2012 as President and CEO and later assumed additional responsibilities as Board Chair in November 2023.

Also at CBRE GROUP

AG
Adam Gallistel
Co-CEO and CIO, CBRE Investment Management
AG
Andy Glanzman
Co-CEO and President, CBRE Investment Management
CY
Croft Young
Chief Investment Officer

About

Robert E. Sulentic, at 68 years old , has built a robust foundation through his distinguished educational background, holding a B.A. from Iowa State University and an M.B.A. from Harvard Business School.

He began his tenure at CBRE in December 2012 as President and CEO, a role in which he has demonstrated significant strategic leadership. In November 2023, he further expanded his responsibilities as he assumed the role of Board Chair, consolidating his position as a key figure in the company.

Before his tenure at CBRE, he held various senior leadership roles, including serving in key positions at Trammell Crow Company. His extensive experience in strategic decision-making and financial management is reflected in his active participation on several corporate boards, contributing to his well-rounded professional profile.

Past Roles

OrganizationRoleDate RangeDetails
CBREPresidentN/AHeld before becoming Chair, President & CEO
CBREGroup PresidentN/AResponsible for Asia Pacific, EMEA, and Development Services business
CBREChief Financial OfficerN/AHeld before becoming Chair, President & CEO
Trammell Crow CompanyChief Executive OfficerOctober 2000 - December 2006Role held before CBRE acquisition
Trammell Crow CompanyBoard ChairMay 2002 - December 2006Role held before CBRE acquisition
Trammell Crow CompanyChief Financial OfficerSeptember 1998 - October 2000Role held before CBRE acquisition
Opus North CorporationPresident and Chief Executive OfficerMay 2005 - March 2010Earlier role in his career

Fixed Compensation

Data from  FY 2024
Component NameAmountPayment ScheduleAdditional Details
Base Salary $1,323,077AnnualRegular salary for 2024
Bonus $0N/ANo bonus awarded in 2024
Annual Stock Award $16,339,427N/AGranted as stock awards in 2024
All Other Compensation $6,000N/AOther fixed compensation for 2024

Performance Compensation

Data from  FY 2024

Performance Compensation

Performance ComponentWeightThresholdTargetMaximumActual Performance/Payout MultiplierVesting ScheduleEvaluation PeriodGrant DateGrant Date Fair ValueAdditional Details
Financial Objectives 50%>70% of Core EBITDA N/AN/A111% achievement leading to a 138% payout N/AFiscal Year 2024N/AN/ABased on Core EBITDA metrics
Strategic Objectives 50%N/AN/AN/A150% payout N/AFiscal Year 2024N/AN/AFocused on executing the strategic framework and transformation
Estimated Non-Equity Incentive Payout N/AN/A$2,700,000$4,725,000$3,887,683 awarded N/AFiscal Year 2024N/AN/ACalculated under the Executive Bonus Plan based on performance
Equity Awards Vesting Details N/AN/AN/AN/AN/A25% per year over four years (March 5, 2025, 2026, 2027, 2028) N/AMarch 5, 2024Time Vesting: $5,149,966; Relative TSR: $6,039,495 Grant date stock price not provided

The table above outlines the performance compensation components, associated performance metrics, and additional grant/vesting details for 2024.