SAN FRANCISCO—In its first leadership change since 1997, theSwig Co. has named Ken Perry tosucceed Jeanne Myerson as CEO. Myerson says shewill focus on “new challenges” and devote more time to her family,while continuing to work with Swig as a strategic advisor tofacilitate the leadership transition.

Perry, who was promoted to the CEO's chair from his position asCIO, has nearly as long a tenure with Swig as Myerson: he joinedthe company in 1998. In common with Myerson, Perry is “a highlyregarded professional with a deep understanding of the real estateindustry and a demonstrated success in value creation andinvestment realization,” says board chairman JaniceSears. “He has almost two decades of success with ourorganization as a team leader and we believe he is the right personto lead the Swig Co. into its next phase of growth.”

Sears also notes that under Myerson, “this company hastransitioned from a family real estate business to become aprofessionally managed investment venture with a strong reputation,solid investment partners, sound financial condition and a robustnational portfolio.” As noted in the July/August issue of RealEstate Forum, where she was among the Hallof Fame honorees in the magazine's annual Women ofInfluence section, Myerson led Swig through a smooth transitionfrom its roots in the hospitality industry—it was the force behindthe Fairmont Hotel brand—to become a recognizedurban office investor and manager which now controls a portfolio ofmore than nine million square feet of office space concentrated incoastal gateway markets.