CBRE Announces Leadership Transition: Lindsey Caplan Steps Down, Andrew Horn Takes Over

CBRE Group Inc has announced a leadership transition in its accounting department. Lindsey Caplan, the current Chief Accounting Officer, will step down on August 31, 2025, and Andrew Horn, the Deputy Chief Financial Officer, will take over as principal accounting officer on September 1, 2025. Horn has been with CBRE since January 2025 and has held various roles within the company. The leadership change is part of CBRE's commitment to maintaining a dynamic executive team.

CBRE Group Inc has announced a leadership transition in its accounting department. Lindsey Caplan, the current Chief Accounting Officer, will step down on August 31, 2025, and Andrew Horn, the Deputy Chief Financial Officer, will take over as principal accounting officer on September 1, 2025. Horn has been with CBRE since January 2025 and has held various roles within the company [1].

Andrew Horn, aged 37, has extensive experience at CBRE. He has served as the Chief Financial Officer for the Advisory Services and Global Workplace Solutions business segments from April 2024 to January 2025, and as the Chief Financial Officer for the Real Estate Investments business segment from September 2022 to April 2024. Prior to these roles, he was involved in the Finance Innovation Office as Vice President and Senior Vice President from March 2020 to September 2022, and led the Transactions and Underwriting division at Hana, a part of CBRE's Real Estate Investments segment, from January 2019 to March 2020 [1].

Mr. Horn holds a Bachelor of Science degree from Indiana University and an MBA from the University of Chicago Booth School of Business. There are no arrangements or understandings between Mr. Horn and any other persons that influenced his selection for this position. Additionally, there are no family relationships between Mr. Horn and any director or executive officer of the company, nor has he been involved in any related party transactions with CBRE [1].

The leadership transition is part of CBRE's ongoing commitment to maintaining a robust and dynamic executive team to drive the company's strategic goals forward. This move comes as CBRE maintains a strong financial position, with InvestingPro data showing the company’s robust health score of 2.61 and expectations for net income growth this year [1].

CBRE Group Inc has reported strong financial results for the second quarter of 2025, surpassing market expectations. The company achieved earnings per share (EPS) of $1.19, exceeding the forecasted $1.08, marking a 10.19% positive surprise. Additionally, CBRE reported revenues of $9.8 billion, which was higher than the anticipated $9.48 billion [2].

The company also raised its earnings guidance for 2025 to a range of $6.10 to $6.20 per share and completed a major share repurchase program totaling over 41.88 million shares since November 2021. These developments underscore CBRE’s continued momentum in the market [2].

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References:
[1] https://www.investing.com/news/sec-filings/cbre-group-announces-chief-accounting-officer-transition-and-new-appointment-93CH-4186787
[2] https://simplywall.st/stocks/us/real-estate-management-and-development/nyse-cbre/cbre-group/news/is-cbres-upbeat-earnings-guidance-and-buyback-activity-shift