WASHINGTON, DC-Joseph Stettinius Jr. has just added CEO to his title of president of Cassidy Turley, selected unanimously by the company’s board of directors. He succeeds Mark Burkhart, who will be an ongoing advisor to the company. Burkhart is leaving his perch after 36 years in the industry, 20 of which were spent as CEO of Cassidy Turley and its previous incarnations.

“Mark’s initiatives set in motion our current growth plan,” chairman Wally Pinkard said in a prepared statement. “The company has met its growth and development goals ahead of schedule, and we're poised to meet our next set of strategic objectives. This leadership change is consistent with our succession plan and comes at a natural time for a shift.”

Stettinius is based in the firm’s Washington office. He has more than 25 years in the industry, including 13 years at Trammell Crow. He’s been president of Cassidy Turley since the company’s inception in August 2008. From March 2007 to February 2010, he was CEO of predecessor firm Cassidy & Pinkard Colliers. Prior to that, he was senior managing director of CBRE after its acquisition of Trammell Crow, where he was area director for Trammell Crow’s Mid-Atlantic services business.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.