August 7, 2019
Calabasas, CA-based Marcus & Millichap, Inc. announced the planned retirement of COO Mitch LaBar at the end of 2019. J.D. Parker and Richard Matricaria, who were promoted to EVP of Marcus & Millichap Real Estate Services, Inc. in March 2019, will assume LaBar’s current responsibilities upon his retirement.
LaBar rejoined the company in 2016 as COO after initially retiring in 2008. Starting in 1984, he had a progression of roles, including stints as a broker, regional manager and member of the company’s senior management team.
Marcus & Millichap’s Hessam Nadji (pictured) says, “Mitch’s experience in all aspects of brokerage and management, and his relationships with many of our top professionals, has been instrumental in helping us implement numerous positive changes and improvements in the last three years. Together, we created an exciting succession plan that leverages the impressive talent and experience of our division managers and other key executives.”
Parker and Matricaria will continue to report to LaBar for the remainder of the year, as he transitions into retirement by year-end.
Connect Orange County is coming up on August 22nd at The Resort at Pelican Hill in Newport Coast. More information about the event and registration information can be found here.
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