Cushman & Wakefield has named Edward C Forst as president and chief executive officer of the company.
He will join the firm effective 6 January 2014.
Forst, 53, joins Cushman & Wakefield following his tenure at Goldman Sachs 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.
Forst has more than 30 years of experience working in international asset management, capital markets, and operational leadership. He has held multiple executive level roles in both New York and London at Goldman Sachs, where he was elected partner in 1998. While at Goldman Sachs, Forst also served in leadership roles at the Securities Industry and Financial Markets Association (SIFMA) and was elected as its first co-chairman and subsequently in 2007 as its chairman.
During the financial crisis of 2008-2009, Forst was selected to be the first executive vice president and principal operating officer of Harvard University, leading its non-academic affairs, and served as advisor to the Secretary of the Treasury of the United States.
Carlo Barel di Sant’Albano, chairman of Cushman & Wakefield, says: “We are delighted to welcome Ed to Cushman & Wakefield and look forward to working closely with him. We have outstanding professionals around the world who are committed to bringing the highest quality real estate services to our clients. Under Ed’s leadership we aim to further strengthen Cushman & Wakefield globally.”
“Cushman & Wakefield is a powerful and iconic brand with unparalleled capabilities in providing creative and innovative real estate services and solutions to a global client base,” says Forst. “I am honoured to lead Cushman & Wakefield and am particularly excited to work with this world-class team of professionals to build on the company’s strengths and capitalise on the many opportunities ahead.”