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News Release

London

Stephen to expand property roles post-Jones Lang LaSalle

John Stephen to retire from Jones Lang LaSalle


London, 28th August 2009 – Jones Lang LaSalle today announced that John Stephen, Chairman of its English Business, is to retire from the firm to take up a series of external property roles.  Stephen has been with Jones Lang LaSalle for 36 years and a partner/director for nearly 30 years.  In his six years as Chairman, he worked first with Alastair Hughes, then Andy Mottram and with current English Chief Executive, Andrew Gould in reshaping the English business.

He spent five years in the 1980s with the firm’s Far East operation, initially in Hong Kong and then in Tokyo before returning to the City Investment/Development team in time for the Big Bang office development boom in the late 1980s.  He later moved to the West End to set up the firm’s specialist West End Investment team.

Colin Dyer, Jones Lang LaSalle’s Global CEO, said: “John has been a key business winner for us throughout his time in the firm.  He has built many longstanding and highly rewarding client relationships and exemplifies what Jones Lang LaSalle is all about – focus on clients and ensuring outstanding client service.”

He continued: “His experience and counsel to our senior leadership teams and to colleagues at all levels have been invaluable and motivational.  We thank him for his exceptional contribution to the firm and wish him all the very best for the future”.

Stephen will leave the firm at the end of October and will continue to be active on the London real estate scene with roles including directorships of F&C Commercial Property Trust and Max Property Group, adviser to Evans Property Group and a trustee of the Portman Estate.

John Stephen said: “I have had a wonderful time with Jones Lang LaSalle working alongside some legendary figures from all parts of the globe.  The firm has an amazing culture and I am fortunate and proud to have been part of it.  The firm continues to prosper and will emerge even stronger from the downturn – of that I have no doubt.”
Stephen’s successor as Chairman of Jones Lang LaSalle’s English Business will be announced shortly.