CBRE Group appoints Oscar Munoz to its Board of Directors

– USA, TX –  CBRE Group, Inc. (NYSE: CBRE) today announced the appointment of Oscar Munoz, Executive Chairman of United Airlines, to its Board of Directors.

“We are thrilled to have a highly accomplished senior executive like Oscar join our Board. CBRE will benefit significantly from the unique global operating experience, strategic and financial insight, and marketing expertise he brings to our company.” said Board Chair, Brandon Boze.

About Oscar Munoz

Before assuming the leadership of United’s Board of Directors, Mr. Munoz led the company as its CEO from September 2015 to May 2020. During this time, he guided the airline through a turnaround program marked by top-tier operational reliability and strong growth.

Mr. Munoz previously served as President and COO of the North American rail-based transportation supplier CSX Corp. He has also held leadership positions at some of the most recognizable global brands, including PepsiCo and Coca-Cola Enterprises, as well as AT&T, where he served as CFO and VP, Consumer Services.

“CBRE is the gold standard in global commercial real estate,” said Mr. Munoz. “It is an honor to join the CBRE team to help grow its global business and to meet the unique challenges and opportunities ahead of the industry.”

Mr. Munoz has served on the Board of Directors of United Airlines since 2010 and the Board of Directors of Continental Airlines, Inc. from 2004 to 2010.

Mr. Munoz has twice been named one of the “100 Most Influential Hispanics” by Hispanic Business magazine. He earned a bachelor’s degree in business administration from the University of Southern California Marshall School of Business and an MBA from Pepperdine University. He is active in several industry coalitions and educational organizations, including the University of Southern California’s Board of Trustees and the Business Roundtable.

About CBRE Group, Inc.

CBRE Group, Inc., a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm. The company has more than 100,000 employees and serves real estate investors and occupiers through more than 530 offices worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services, and development services.

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