June 22, 2020
Industry veteran Mitchell Rudin has been appointed as chairman and CEO of Savills North America, effective June 30. Rudin, who joined Savills in 2018 and became president on Jan. 1, 2019, succeeds Mitchell Steir, who has decided to step down after a 37-year career.
Since joining Savills, Rudin “has already revitalized our management team, including expanding our commitment to diversity and inclusion at the executive level, and led the continued growth of our business,” said Mark Ridley, global CEO of Savills. “We are confident that he is the right leader to take Savills forward in North America.”
Steir has led Savills North America and its predecessor Studley Inc. since 2002, when he led a management buyout of Julien J. Studley Inc. from the firm’s founder. His tenure included arranging the 2014 acquisition of Studley Inc. by Savills plc, the global real estate service advisor listed on the London Stock Exchange.
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