On January 7, 2019, CBRE Group, Inc. announced plans to divide the responsibilities of its Chief Financial Officer (CFO) and Chief Investment Officer (CIO) into two senior executive positions. James R. Groch will serve as the Company's Chief Financial Officer and Global Director of Corporate Development until a successor Chief Financial Officer is appointed. Following the appointment of a new Chief Financial Officer, Mr. Groch will become the Company's Global Group President and Chief Investment Officer.