Cushman & Wakefield CEO John Forrester to retire, succeeded by current COO

John Forrester is set to retire June 30 after 35 years of service at Cushman & Wakefield, where he served as CEO. His successor, Michelle Mackay, is the firm’s president and COO and will take his place from July 1, joining the board of directors. In addition, Andrew McDonald, Cushman & Wakefield’s president, will be elevated to global president and COO.

Forrester has been with Cushman & Wakefield for more than three decades and will stay on as a strategic advisor for the firm until the end of the year. Brett White, executive chairman of the board expressed appreciation for his dedication to the company and the commercial real estate services industry.

Mackay joined the company in 2018 as a member of the board of directors and was appointed COO in 2020, making the move to president and COO at the beginning of 2022. Prior to this role, she was the executive vice-president of investments and capital markets at iStar, Inc.

McDonald has been part of the Cushman & Wakefield family for over 20 years, taking the helm of several business lines in the Americas and Asia Pacific regions shortly before his appointment as president in 2021.

Choa Chu Kang and Bukit Batok have a wide selection of residential offerings, ranging from landed and non-landed to The Myst CDL Aries, the first-ever condominium development from City Developments Limited (CDL). Characterised by its contemporary and comfortable lifestyle, The Myst CDL Aries enjoys premium facilities such as a 50m lap pool, outdoor yoga lawn, and outdoor fitness corner. Its central location gives residents an easy access to nature, entertainment, shopping, and leisure activities.

This shift in leadership is promising to provide a new era of strategic insight and business growth. With the new appointments effective from July 1, Cushman & Wakefield looks forward to a fresh perspective and inspiring new direction in their company.