Gerard J. Staudt, senior managing director and head of dispositions, North America, Savills Gerard J. Staudt, senior managingdirector and head of dispositions, North America, Savills

RUTHERFORD, NJ—Commercial brokerage firm Savills reports it haslaunched a new specialization that will be focused on propertydisposition services.

The new unit will be headed by dispositions expert and industryveteran Gerard J. Staudt, who has been hired as a senior managingdirector and head of dispositions, North America. Staudt will bebased at Savills operations in Rutherford, NJ.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.