Cushman appoints former Goldman Sachs exec new CEO

New York /
Dec.December 16, 2013 12:21 PM

Cushman & Wakefield has found a more permanent replacement for Glenn Rufrano, who abruptly exited the commercial brokerage this summer. Edward Forst, formerly global co-head of Goldman Sachs’ investment management division, was named president and CEO today, according to a statement from Cushman.

Last month, the firm was weighing keeping executive chairman-turned-interim CEO Carlo Barel di Sant’Albano in the job in a long-term capacity, as previously reported. But Sant’Albano was supportive of the choice, according to the statement. “We are delighted to welcome Ed to Cushman & Wakefield and look forward to working closely with him,” he said in the release.

Forst also served as the first executive vice president and principal operating operator at Harvard University – his alma mater – amid the financial crisis. He will begin his new role January 6, the statement said.

Rufrano has since returned to real estate investment firm O’Connor Capital Partners as chairman and CEO, a release said. — Mark Maurer


Related Articles

arrow_forward_ios
BRP Companies Gets $290M from Goldman Sachs for Queens Opportunity Zone project
BRP Companies Gets $290M from Goldman Sachs for Queens Opportunity Zone project
BRP Companies Gets $290M from Goldman Sachs for Queens Opportunity Zone project
Goldman Sachs CEO David Solomon and 1 Flatbush Avenue in Brooklyn (Getty, Hillwest, iStock)
Oh, honey: Goldman Sachs to add beehives to real estate assets across U.S.
Oh, honey: Goldman Sachs to add beehives to real estate assets across U.S.
Co-head of Goldman’s Europe Tavis Cannell with the Paris building (Google Maps, Goldman Sachs)
Goldman Sachs spends $119M on Paris office, retail building
Goldman Sachs spends $119M on Paris office, retail building
973 Fifth Avenue and David Leuschen (Google Maps, Riverstone Holdings)
Former Goldman Sachs partner lists Upper East Side townhouse for $80M
Former Goldman Sachs partner lists Upper East Side townhouse for $80M
Entera CEO Martin Kay (Entera, iStock)
Single-family data startup Entera raises $32M
Single-family data startup Entera raises $32M
From left: Wells Fargo’s Charles Scharf, SL Green's Marc Holliday, Goldman Sachs’ David Solomon and One Vanderbilt (Getty)
Goldman Sachs, Wells Fargo leading $2.25B refi of One Vanderbilt
Goldman Sachs, Wells Fargo leading $2.25B refi of One Vanderbilt
Goldman Sachs CEO David Solomon (Getty)
Goldman Sachs plans move to South Florida
Goldman Sachs plans move to South Florida
Denizen Bushwick at 54 Noll Street (Photos via Denizen Bushwick)
All Year nears $650M financing for Bushwick luxury rentals
All Year nears $650M financing for Bushwick luxury rentals
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...