Corcoran names new president and COO for marketing division.

The Corcoran Group this week announced that the Corcoran Sunshine Marketing Group has appointed a new executive team to spearhead the recently integrated organizations.

Kelly Kennedy Mack, executive vice president for The Sunshine Group, has been named president of Corcoran Sunshine Marketing Group. Tricia Hayes Cole, senior executive vice president of Corcoran Group Marketing, has been appointed its chief operating officer.

In her new role, Mack will oversee and direct the activities of more than 150 employees in offices stretching from Manhattan to Los Angeles. In addition, Mack will work closely with leading developers and investors to enhance all phases of the planning and marketing of new residential building and conversions.

Cole's duties will focus her considerable talents on the day-to-day operations of the organization and on the integration of Corcoran Group Marketing and The Sunshine Group, which are part of the Corcoran Sunshine Marketing Group. In addition, she will continue to service clients and work closely with them throughout the development process.

"We are extremely pleased and lucky to have such a stellar team of professionals at the helm of Corcoran Sunshine," said Pamela Liebman, president and chief executive officer for The Corcoran Group.

"Kelly is a dynamic leader and an integral member of the team. Her expansive knowledge of the luxury real estate market and her unparalleled creativity will be invaluable in leading our organization to even greater successes. She was the natural choice for this role," Liebman said.

"Under Tricia's leadership, Corcoran Group Marketing became a major player in the field of residential real estate development. Thanks to her expertise and tireless hard work, Corcoran has been involved in many of the projects that have changed the way people think about residential real estate." Louise Sunshine, chairman emeritus of The Sunshine Group, said, "It has been a great privilege for me to work alongside Kelly Mack, whose talent and expertise will provide great leadership for the Corcoran Sunshine Marketing Group, and I am very proud of all Kelly's accomplishments.

"In the competitive landscape of real estate marketing and sales, Kelly and Tricia's leadership will ensure continuity going forward and will reinforce Corcoran Sunshine's position as the industry leader."

Mack has been with The Sunshine Group since 2002 when she joined the company as vice president of new business development. Quickly recognized by the company's founder and industry icon, Louise Sunshine, for her many contributions to the organization, Mack was named executive vice president in 2004.

She played a significant role in the company's expansion in Connecticut and into Las Vegas. Her efforts helped spur the company's sales, which have quintupled in the four years since she joined the firm. Mack holds an undergraduate degree from Georgetown University and an MBA from the Stern School of Business at New York University.

Cole took the helm of Corcoran Group Marketing in 2002 and, since then, sales for the organization have increased tenfold.

When appointed to run the new development division, Cole was a top sales agent in Corcoran's SoHo office, where she was named "Salesperson of the Year" in 2001. Before working at Corcoran, she spent eight years in investment banking and equity derivative sales and trading at top Wall Street institutions. Cole holds an undergraduate degree in mathematical economics from Brown University, and an MBA in finance from the Wharton School of the University of Pennsylvania.