Beth F. Cobert Elected to CBRE Group, Inc. Board of Directors

CBRE Group, Inc. (NYSE:CBG) today announced that Beth F. Cobert has been elected to the company’s Board of Directors.

Ms. Cobert is an accomplished executive with more than 30 years of experience in the private and public sectors. She is a former Senior Partner at McKinsey & Company, where she advised companies in a wide range of industries on strategic, operational and organizational issues. She led McKinsey’s strategy work for CBRE from 2011 to 2013. She served as Acting Director of the U.S. Office of Personnel Management from July 2015 to January 2017, and as the Deputy Director for Management of the U.S. Office of Management and Budget from October 2013 to July 2015. In April 2017, Ms. Cobert was named Chief Executive Officer of Skillful, an initiative of the Markle Foundation, which helps Americans to keep up with the rapid transformations that automation and other technological advancements are bringing to jobs in the digital economy.

“We are pleased to welcome Beth to our Board,” said Ray Wirta, CBRE’s Chairman of the Board. “We will benefit greatly from her breadth of experience, strategic thinking and deep, first-hand knowledge of CBRE. We look forward to her contributions.”

“CBRE is a company I know well,” Ms. Cobert said. “It is the clear leader in its sector and has a well-thought-out strategy to build on its market position and create further shareholder value. I look forward to working with my fellow directors to help drive strong outcomes.”

Ms. Cobert holds a B.A. from Princeton University and an M.B.A. from Stanford University. She previously served as Chair of the United Way of the San Francisco Bay Area and as a member of Stanford University Graduate School of Business’ Advisory Council.

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.

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CBRE Group, Inc.Steve Iaco, 212-984-6535Senior Managing DirectorCorporate Communications