Cushman & Wakefield gets new CFO

Cushman & Wakefield has appointed a new executive vice president and CFO, the commercial real estate firm announced today.

Michael Bartolotta, the new CFO, was previously the CFO of Exor USA, the U.S. operation of Cushman & Wakefield’s majority shareholder, according to a company release. In his new role, he will be based in the firm’s world headquarters in Manhattan at 1290 Sixth Avenue, replacing Robert Rozek, who will join a non-real estate services firm.

Bartolotta was instrumental in Exor’s acquisition of a majority stake in Cushman & Wakefield in 2007, the release said.

“Mike has served on our board of directors since 2007, and is intimately familiar with our organization, structure and priorities,” said Glenn Rufrano, president and CEO of Cushman & Wakefield. “Mike’s appointment signals Exor’s continued confidence in and commitment to Cushman & Wakefield’s aggressive growth plan.” — Katherine Clarke