Leadership shakeup at CoreNet Global.CoreNet Global announced significant organizational changes following the recent selection of Dr. Prentice Knight as chief executive officer, who outlined several steps to realign re·a·lign tr.v. re·a·ligned, re·a·lign·ing, re·a·ligns 1. To put back into proper order or alignment. 2. To make new groupings of or working arrangements between. management of the world's leading professional association for corporate real estate and workplace executives. A newly-formed executive team will lead the association day-to-day, including Peter Holland, who will join CoreNet Global as COO. Sherri S. Parman will take on new responsibilities as head of a new members and markets group. The association will now operate through four integrated units, according to Knight: Learning Group; Members/Markets Group; Operations Group and; Executive Group. "These changes mark a milestone toward our goal to focus more resources and attention on our members and our other customers and partners globally and to provide them even more value," stated Knight. Holland has a long-running professional career in corporate real estate, plus his recent work for seven years as chief procurement officer A Chief Procurement Officer (CPO) is an executive role focused on supply management for an enterprise. A report by Aberdeen Group shows a marked acceleration in the significance of procurement's role. and senior vice president overseeing a range of strategic support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services for The Hartford Financial Services Group. Knight announced the appointment of Parman as chief membership officer. Parman will leverage her former leadership roles as chief financial officer and interim chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. to bring a deep understanding of CoreNet Global's operations to improving the customer experience. Parman, whose career also includes senior-level client service roles with major corporate services firms including CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2. and Jones Lang LaSalle Jones Lang LaSalle (NYSE: JLL) is a major real estate and money management services firm headquartered in the Aon Center in Chicago, Illinois and the only company in its industry making it into Fortune magazine's list of the 100 Best Places to Work in the U.S. , sees the reorganization as being consistent with current trends impacting global associations that serve professionals. Another part of the restructuring is still in progress: the selection of a new chief learning officer to replace Knight who served in that position prior to his being named CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. at the CoreNet Global Summit in Philadelphia on April 25, 2006. |
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