Toronto-based Colliers has added the former head of one of Canada's largest real estate companies to its board.
John Sullivan has 30 years of real estate experience in acquisitions, dispositions, asset management and development. He previously served as president and chief executive of Cadillac Fairview for 13 years before his retirement last year.
Sullivan departed in 2023 after the Ontario Teachers' Pension Plan, one of Canada's largest pension funds, said it was splitting some of the functions of its Toronto-based wholly owned subsidiary Cadillac Fairview, which has 29 billion Canadian dollars in assets under management and 33 million square feet of leasable space.
Before serving as Cadillac Fairview's CEO, Sullivan held several senior roles at the company. Before that he held senior positions with Marathon Realty and Brookfield Properties. He currently serves on the board of both MAF Properties and the Hospital for Sick Children.
"John's extensive expertise in the real estate sector, developed over decades, makes him an invaluable asset as we continue driving Colliers' growth and success in the years ahead," Jay Hennick, chairman and CEO of Colliers, said in a statement.
Colliers operates in 70 countries with more than 22,000 employees. It has an annual revenue of more than 4.5 billion U.S. dollars and 99 billion U.S. dollars worth of assets under management.