REALPac Appoints New CEO
January 19, 2012
The Real Property Association of Canada (REAlpac) has recently announced the appointment of a new Chief Executive Officer, Paul Morse. He will assume his responsibilities on March 5th, 2012.
Morse will continue as the Senior Managing Director of Office Leasing at Cushman & Wakefield until he takes over CEO duties in March. He has more than 35 years of experience in finance and commercial real estate, including the previous 13 years at C&W and tenure at Brookfield Developments. He served on the Board of Directors at the Toronto Board of Trade from 2007-2011, and was an active member of many committees including acting as Vice Chair of the Economic Development Committee.
Incoming CEO, Mr. Paul Morse.
Cushman & Wakefield President and CEO and REALPac Board Member, Pierre Bergevin, was supportive of Morse’s consideration for REALPac CEO. Bergevin was a member of the three-person Human Resources Sub-committee of the REALpac Board that was chosen with finding a suitable replacement for outgoing CEO Michael Brooks.
Other members of the Sub-committee include Stephen Taylor, President, COO of Morguard Investments Limited, Chair of the Sub-committee and Vice Chair of REALpac and Dori Segal, President and CEO of First Capital Realty Inc. and Chair of the REALpac Board of Directors. As announced in September 2011, Michael Brooks has decided to leave the position of CEO after close to 15 years, planning to return to his law practice at Aird & Berlis full time.
Bergevin says, “Michael Brooks spoke to me at the start of the selection process and asked whether he could approach Paul to see if he would be interested in throwing his hat in the ring. As President & CEO of Cushman & Wakefield, I knew that we would sincerely miss Paul’s leadership of our office leasing group, but as a Member of the REALpac Board of Directors, I also knew what a tremendous opportunity this would be for Paul. I was delighted when he was selected for the position and confident that he will bring the same passion and drive to his new role and will continue to make a strong contribution to our industry as a whole.”
“I am honoured to have been chosen as REALpac’s CEO," Morse notes. "The Association is held in the highest regard and has done an outstanding job of increasing the profile of the commercial real estate industry in Canada and internationally. REALpac has tirelessly advocated to government on issues of importance to the industry, has developed and delivered high quality professional development courses, conferences and member events and is unparalleled in its deliver of research, financial best practices and standards."
“It’s been a pleasure and an honour to serve the industry. REALpac had another record year in 201. With Paul taking over as CEO, the Association is extremely well positioned to continue to lead and represent the industry. I am thrilled that he accepted the position," Brooks says.
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