Cushman & Wakefield's Senior Director, Aaron Barnard, SIOR, CCIM, has officially taken up the role of President-Elect for The Society of Industrial and Office Realtors® (SIOR). Serving a one-year term on the SIOR Board of Directors, his appointment was confirmed at the organisation's Fall 2025 conference in Louisville, Kentucky. Based in Bloomington, Minnesota, Mr Barnard is a 33-year veteran of the commercial real estate sector, specialising in investment analysis and leasing programmes across various US markets.
JLL’s Hotels & Hospitality Group has hired Louis Barruel as Senior Vice President in its Hotels’ Asset Management division. Mr. Barruel will work from the Montreal office, focusing on client service delivery and growing the firm's portfolio throughout Canada. Mr. Barruel reports to Executive Vice President Katie Krieger, who noted his comprehensive Canadian market knowledge and deep sector understanding make him an invaluable addition.
The United Nations Specialised Agency for tourism has confirmed Ms. Al Nowais as its next Secretary-General following the 26th General Assembly in Riyadh. Her appointment, confirmed by the 160 Member States, is a historic moment as she becomes the first woman to lead the organisation in its 50-year history. Ms. Al Nowais will commence her five-year term at the start of 2026. She brings considerable private sector experience to the role, including her recent position as Corporate Vice President at Rotana Hotels. She also chairs the Abu Dhabi Chamber’s Tourism Working Group. She outlined five core priorities for her mandate. These include responsible tourism, capacity building, technology for good, innovative financing, and smart governance.
Peregrine Hospitality has named Kristen Richter as its new Chief Commercial Officer, succeeding Kristie Goshow. Richter joins the company from Accor, where she was CCO for the Fairmont and Raffles brands, overseeing all commercial strategy elements, including sales, revenue, and distribution. Richter will now be responsible for Peregrine’s commercial strategy, revenue management, sales, and marketing across its portfolio. CEO Greg Kennealey praised Richter as an "exceptional commercial strategist" whose leadership will be crucial for optimising the company's revenue strategies. Richter sees the opportunity to refine how commercial strategy informs every business decision to drive sustained revenue growth.
Altus Group Limited has announced significant changes to its senior leadership structure following the conclusion of a comprehensive strategic review. Jim Hannon, the company's Chief Executive Officer and Director, has departed his roles with immediate effect. The commercial real estate intelligence provider, trading on the TSX as AIF, simultaneously appointed former CEO Mike Gordon as Executive Chair. Mr. Gordon is confirmed to take over the CEO position fully in Q1 2026. Current Chair Raymond Mikulich is stepping down but will retain his seat on the Board of Directors.
Lifestyle Communities has appointed Michael Jordan as Chief Investment Officer as the firm advances its expansion across major US markets. Announced in Columbus, Ohio, Jordan will lead investment strategy, financing and capital partnerships alongside Founder and CEO Michael DeAscentis Jr. With more than $5 billion in career transactions, he joins from GIC Real Estate as LC targets growth in cities including Nashville, Charleston and Austin.
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