October 17, 2019
NorthMarq president Jeffrey Weidell will become CEO on January 1, 2020, succeeding Eduardo Padilla. Padilla, who served in the role for 20 years, will become the firm’s executive chair.
“This planned executive transition sets the stage for NorthMarq to continue to thrive, ensuring our operations, financing, and investment sales businesses maintain the highest level of client support,” said Padilla.
“I have the utmost appreciation for the opportunity I have had as CEO over the last 20 years, and the support I have received from employees, lenders, clients and ownership. I am confident that Jeff is ready for this next level of leadership,” he added.
Weidell (pictured) has been responsible for a number of successful initiatives as president, including the launch of the investment sales and expansion of the equity advisory business. He was promoted to president in 2013, after serving as managing director of the San Francisco office since joining NorthMarq in 2000.
For comments, questions or concerns, please contact Paul Bubny