LaSalle Investment Management names Jason Kern CEO of Americas
LaSalle Investment Management has appointed Jason Kern as the firm’s new chief executive officer, Americas.
Kern joins LaSalle from the Hong Kong and Shanghai Banking Corporation (HSBC), where he has been a managing director and head of HSBC’s Asia-Pacific real estate and lodging advisory group.
Kern will report to Jeff Jacobson, global CEO, and will join the Global Management Committee and the North American Private Equity Investment Committee.
Kern will formally join LaSalle on 1 July and will be based in Chicago.
Jacobson says: “Since Peter Schaff announced his decision last year to step down as North America CEO, we have conducted a broad search for his successor. Our key criteria has been to find a leader who will sustain our core competencies and values while also adding the new skills to adapt to the rapidly changing and increasingly global real estate investment management industry. Jason is an outstanding addition to our global leadership team.”
Prior to HSBC, Kern spent 17 years at JP Morgan, principally in senior roles within the real estate investment banking team, and was based in JP Morgan offices in the US, UK, Continental Europe and Hong Kong.
Peter Schaff will remain with the firm until the end of 2013 in the part-time role of North America chairman, focusing on selected client relationships and investment mandates and assisting with Kern’s transition into the firm.