Truex, who has 25 years in the industry, was an SVP in the Seattle office of Staubach Co. prior to joining Colliers in 2004. Powers, the one-time mayor of Spokane, WA, joined Colliers in January 2007. Prior to that, he was chief executive of the economic development council serving Seattle and King County. Neither Truex not Powers was immediately available Wednesday morning for comment.

"Our commitment to providing our clients with the highest level of service will not be impacted by this change," says Doug Frye, CEO of Colliers International, "We wish John luck on his future endeavors and are pleased that Peter is willing to take on the leadership responsibilities while we search for a permanent replacement."

NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.