Cushman names Edward Forst as company's new President, CEO

NEW DELHI: Global real estate consultant Cushman & Wakefield Inc today announced Edward C Forst as the new President and Chief Executive Officer of the company.

"Cushman & Wakefield Inc announces that Edward C Forst has been named President and Chief Executive Officer of the company. He will join the firm effective January 6, 2014," the consultant, which has operations in India as well, said in a statement.

Forst, 53, joins C&W following his tenure at Goldman Sachs & Co as Global Co-Head of the Investment Management Division, as a member of its management committee and previously as the firm's Chief Administrative Officer. Most recently, he served as an advisor to Fenway Partners, a private investment firm.

The statement said Forst is a highly accomplished investment professional and business executive with more than 30 years of experience working in international asset management, capital markets, and operational leadership.

C&W has about 250 offices in 60 countries, employing more than 16,000 professionals. The firm has nearly USD 4 billion in assets under management globally.