CoreNet Global announces big organizational changes

June 9, 2006—CoreNet Global has announced significant organizational changes following the recent selection of Dr. Prentice Knight as Chief Executive Officer, who outlined several steps to realign 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 (all education and research programs)
  • Members/Markets Group (all other member-facing programs)
  • Operations Group (all infrastructure and business support services)
  • Executive Group (including the CEO and the leaders of the other three groups)

“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.

CoreNet Global members manage US $1.2 trillion in worldwide corporate assets consisting of owned and leased office, industrial and other space. With 7,500 members representing large corporations around the world, CoreNet Global operates in five global regions: Asia, Australia, Europe, Latin America and North America.

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