LaSalle IM announces leadership transition

LaSalle Investment Management, JLL's global investment arm, has announced a change in its top leadership, effective 1 January 2026. 

Mark Gabbay, Brad Gries, Tim Kessler

Brad Gries will become the new global CEO, and Tim Kessler will take on the role of president.
The current global CEO, Mark Gabbay, who successfully led the company through the pandemic and the recent real estate market, will move into the position of executive chairman. During his 15 years at LaSalle, including his time as global CEO since 2021, Gabbay strengthened the company's worldwide presence, expanded its services, and consistently delivered excellent results for clients.
Brad Gries, currently based in Chicago and head of the Americas, will take over as global CEO. He's been part of LaSalle's Global Management Committee since 2021 and is recognised for his strategic vision and deep understanding of the business. He will report to Richard Bloxam, CEO of JLL Capital Markets.
Tim Kessler, also based in Chicago, will be promoted to president while continuing his role as Global COO. A member of the Global Management Committee since 2018, Kessler will work closely with Gries to develop and implement LaSalle's global strategy, leveraging his extensive business knowledge and collaborative leadership style.
Mark Gabbay, incoming executive chairman, LaSalle Investment Management, said: “Leading this exceptional organisation as Global CEO has been an extremely gratifying part of my career. Together, we have built a global culture focused on performance, innovation and collaboration that sets LaSalle apart in our industry. I’m confident that LaSalle will continue to thrive, and I’m looking forward to working with Brad and Tim to take LaSalle’s strategy and success to the next level.”
Brad Gries, incoming global CEO, LaSalle Investment Management, commented: “I’m honoured to become LaSalle’s global CEO and lead the business through its next phase of growth, ensuring that we continue to exceed our clients’ expectations. Our global reach, diverse range of products across multiple markets and our talented team position us perfectly for a successful future.”
Tim Kessler, incoming president and global COO, LaSalle Investment Management, added: “It’s a privilege to be appointed to president at what is an exciting time for LaSalle. Our path forward is clear – sustainable growth built on trust and strong client relationships, and commitment to our people, innovation and operational excellence.”