Former Jones Lang LaSalle CFO becomes CEO Of Grubb & Ellis

After an exhaustive 12-month search, Grubb & Ellis has hired a chief executive officer with proven industry experience. Mark Rose spent the past 12 years working for Jones Lang LaSalle. His most recent job at the Chicago-based real estate services firm was chief financial and chief operating officer.

“We thank Mark for the many contributions he has made during his nearly 12 years with our company. Looking forward, our succession planning process is serving us effectively as we move to identify a new Chief Operating Officer for the Americas,” read a statement from Jones Lang LaSalle.

Grubb & Ellis hired Rose for extensive real estate and financial experience, says C. Michael Kojaian, Grubb & Ellis’ chairman. “Mark is a proven leader with the skills and vision to build on this strong foundation,” adds Kojaian.

Rose, who is 41 years old, began his real estate career at Jones Lang LaSalle’s Washington, DC office in 1993. Rose was named chief innovation officer in 2000, followed by chief financial officer of the Americas region in 2002.

When asked if he plans to alter Grubb & Ellis’ strategy, Rose responds that it’s too early to discuss specifics.

“I’m not coming in to make changes, my goal is to build on what’s in place and make us a better organization that can capitalize on the opportunities in the marketplace,” says Rose.

“Grubb & Ellis is a strong organization with great people, considerable brand recognition and a commitment to service excellence. This company is on the rebound, and they’ve established a great baseline.”

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