February 10, 2020
Kidder Mathews’ Chairman and CEO, Jeff Lyon, who has led the firm’s rapid growth as the largest privately-held commercial real estate firm on the West Coast over the past 21 years, announced the firm will complete its 3-year succession plan. The firm’s president and COO, Bill Frame, will be promoted to CEO on July 1, 2020.
Brian Hatcher, currently president of brokerage, will become the firm’s president and COO. Lyon will transition out of the CEO role and will remain chairman of the board.
In 1992, Lyon merged his family-owned business with Kidder Mathews. He worked as a broker and consultant and served on the Kidder Mathews board until he was named President and CEO in 1999. He was promoted to Chairman and CEO in 2006. Under Lyon’s leadership, the company achieved record levels of revenue, increasing from $27 million in 1999 to $212 million in 2019, and total transaction volume grew from $769 million to $9.6 billion.
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