>

>

/

Cushman & Wakefield CEO John Forrester to retire, succeeded by current COO

By Atiqah Mokhtar

/ EdgeProp Singapore |

May 8, 2023 6:43 PM SGT

Michelle Mackay (pictured) will succeed Forrester as Cushman & Wakefield's CEO effective July 1 (Picture: Cushman & Wakefield)

SINGAPORE (EDGEPROP) - Cushman & Wakefield has announced that John Forrester, the New York-listed real estate services company’s CEO, will be retiring from his position on June 30 after 35 years with the company. In a May 5 press release, Cushman & Wakefield named Michelle Mackay, currently its president and COO, as Forrester’s successor. Her appointment will take effect on July 1, and she will also join the firm’s board of directors.

Meanwhile, Andrew McDonald, currently president of Cushman & Wakefield, has been promoted to global president and COO, overseeing all of the firm’s service lines and regions.

Forrester will remain employed by Cushman & Wakefield as a strategic advisor until Dec 31. “On behalf of Cushman & Wakefield’s board of directors, I thank John for his dedication and service to the firm and to the commercial real estate services industry over his long and distinguished career,” says Brett White, executive chairman of the board.

Mackay joined Cushman & Wakefield as a member of its board of directors in 2018. She was appointed as COO in 2020 and later promoted to president and COO on Jan 1, 2022. Prior to this, she served as executive vice-president, investments and head of capital markets at iStar, Inc.

McDonald has been with Cushman & Wakefield for over 20 years. He was appointed president in 2021, leading the firm’s largest business lines in the Americas and Asia Pacific regions.

Tags:

Cushman & Wakefield John Forrester Michelle Mackay

Follow Us

Follow our channels to receive property news updates 24/7 round the clock.

Subscribe to our newsletter

Top Articles

1

Emerald of Katong hits 99% sales at launch, averaging $2,621 psf

2

Kingsford sells 76% of Chuan Park units at an average price of $2,579 psf

3

Is it a Good Deal?: $1.03 million for a four-room HDB flat in District 10

4

Sim Lian Group’s Emerald of Katong: Will it be another top-seller?

5

CDL sells 20% of Union Square Residences at an average price of $3,200 psf

Our Site

Follow Us

Property Research

Condos

HDBs

Landed

Commercial

Industrial

Properties For Sale

Properties For Rent

Edgeprop.sg (previously known as The Edge Property Singapore) is the best property portal for real estate agents, investors, home-seekers and sellers alike in Singapore. On EdgeProp, you will be able to find the latest and hottest property news, property listings, and access tools for your research and analysis.

Whether you are looking to buy, sell or rent apartments, condominiums, executive condos, HDBs, landed houses, commercial properties or industrial properties, we bring you Singapore’s most comprehensive and up-to-date property news and thousands of listings to facilitate your property decisions. Click into any listing to check out the new AI Redesign tool to envision your property based on your preferred style, be it Scandinavian, Minimalist or many others.

Make data-driven property decisions with our easy-to-use free and paid tools. The Edge Fair Value tool lets users calculate the fair value of a property, while the En Bloc Calculator helps to determine the probability of a Singapore project being put up for collective sale. Our whole new Research tool provides you data on past transactions, price trends, and more for condos, HDBs, landed houses, commercial properties and industrial properties.

Aside from that, EdgeProp also offers a market trends tracker that lets you access historical property data, sales volume and compare how similar properties are selling, a heatmap that shows you where Singapore’s most popular property sales locations are, a HDB lease tool to calculate your HDB tenure, an affordability calculator, and property alerts to track your preferred Singapore property by project or location, as well as information on new launches.

On the lookout for undervalued property or looking to rent? EdgeProp’s powerful search filters will let you personalise your property-seeking experience – whether you are looking for a property near MRT stations, amenities like schools, or within a HDB Estate or District – so that you find exactly what you are looking for.

View More

Close Ad

00:00