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NEW YORK CITY-Tony Marano has resigned as CEO of the Americas at Cushman & Wakefield, effective June 30, 2008, according to C&W’s president and CEO Bruce Mosler. He will continue as an advisor to Mosler and to John Santora, who has already begun to assume the responsibilities of CEO of the Americas. The news, which came over the wires last night, was originally sourced through an internal memo received by GlobeSt.com earlier on Wednesday.

“We could not ask for a better-qualified individual to take the reins in the Americas than the leader who has overseen the dramatic growth of Cushman & Wakefield globally since 2005,” Mosler says. “As Global COO, John was my partner in developing and, more importantly, delivering on our vision for growth. He helped lead the execution of the firm’s global acquisition strategy, including the consolidation of our businesses across Latin America, Europe and Asia. Equally important, his hands-on management discipline helped drive our margins significantly higher.”

Mosler says that Santora is the right person at the right time to drive the business forward, adding that he will now “bring his wealth of experience to a region where he has already demonstrated great success in developing our platform and growing revenue.” In his new role, Santora will work closely with branch managers and brokers to help win new clients.

Mosler explains that Santora will report to him, and will focus more day-to-day on client pitches and business development opportunities. He adds that the position of COO will not be filled. C&W did not respond to GlobeSt.com for further queries by deadline.

“Change is the byword of our times, both in our industry and within Cushman & Wakefield,” Mosler says. “The Americas region in particular is ready to respond to a new vision. John has the exact blend of leadership, experience and personal discipline that we will need to succeed in any economic environment.”

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