Stuart Siegel, the Americas chief technique officer, will function interim president and CEO till a everlasting substitute has been discovered for Hitt, who has served with the posh model since 2010.
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Engel & Völkers Americas CEO and President Anthony Hitt will step down from his place on the agency on the finish of 2024 to “focus on personal endeavors,” executives for the posh model introduced on Tuesday.
Hitt has been with Engel & Völkers Americas since 2010, and has served as CEO and president for the previous 11 years.
Stuart Siegel, who’s Americas chief technique officer, will function interim president and CEO till a everlasting substitute has been discovered for Hitt, the corporate mentioned.
“Under Anthony’s strong leadership, our business has grown successfully and our global network has expanded further. I want to thank him for his outstanding contributions and dedication,” Jawed Barna, Engel & Völkers Group CEO, mentioned in a press release.
“Our search for a successor will be focused on identifying the best candidate who will not only be an ideal cultural fit but also bring an unwavering commitment to enthusiastically drive the future growth and success of our business.”
Hitt got here to Engel & Völkers Americas after a few decade with Sotheby’s Worldwide Realty. He helped spearhead the Hamburg, Germany-based model’s progress all through the U.S., Canada, Caribbean, Mexico and Central America.
Hitt had typically commented on the corporate’s resistance to flashy business developments that come and go, and a dedication to business fundamentals like customer support and promoting actual property. He did, nevertheless, assist nudge the model into the long run when, beneath his management, Engel & Völkers Americas underwent a model refresh in 2023 that the corporate dubbed “Refined.”
“Engel & Völkers has been a very important part of my life, and leading this brand has always been more than simply a job to me,” Hitt mentioned in a press release.
“Developing and guiding Engel & Völkers in the Americas has been a true privilege and one of my greatest accomplishments. Thanks to our leadership team, license partners, and advisors, we have built an exceptional company that continues to set new standards of service and expertise in the industry. Now, I feel it’s time to step back, leaving the company in strong hands as I focus on personal interests. I will always be a friend to Engel & Völkers and look forward to watching its continued growth and success with great pride to have been part of it.”
Siegel is an business veteran with greater than 4 many years of expertise within the luxurious actual property, hospitality and consulting sectors, Engel & Völkers mentioned in a press assertion. He’ll proceed to function chief technique officer whereas filling in for Hitt, till a brand new CEO and president has been selected.
E mail Lillian Dickerson