Klein departing Cushman & Wakefield

Executive director Hank Klein said he’ll be leaving his post after the New York-headquartered commercial brokerage told him his job is being eliminated. Klein said the move is not a shock given the context of the weak economy. Tere Blanca, the former senior managing director who recruited Klein two years ago, left the company in February to start her own firm. Cushman is cutting 200 jobs nationally.