{"id":1004092325,"date":"2014-03-06T14:14:41","date_gmt":"2014-03-06T22:14:41","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004092325"},"modified":"2022-12-08T22:16:08","modified_gmt":"2022-12-09T06:16:08","slug":"cw-taps-kelly-as-president-of-risk-management-services","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cw-taps-kelly-as-president-of-risk-management-services\/","title":{"rendered":"C&amp;W Taps Former NYPD Head Kelly as Prez of Risk Management Services"},"content":{"rendered":"<p><i>By Gail Kalinoski, Contributing Editor<\/i><\/p>\n<div id=\"attachment_1004092327\" style=\"width: 160px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/03\/Raymond-W-Kelly.jpg\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004092327\" data-attachment-id=\"1004092327\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/cw-taps-kelly-as-president-of-risk-management-services\/raymond-w-kelly\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/03\/Raymond-W-Kelly.jpg\" data-orig-size=\"341,311\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1389021888&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"Raymond W  Kelly\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Raymond  Kelly&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/03\/Raymond-W-Kelly.jpg?w=341\" loading=\"lazy\" class=\"size-thumbnail wp-image-1004092327\" alt=\"Raymond  Kelly\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/03\/Raymond-W-Kelly.jpg\" width=\"150\" height=\"150\" \/><\/a><p id=\"caption-attachment-1004092327\" class=\"wp-caption-text\">Raymond Kelly<\/p><\/div>\n<p>Cushman &amp; Wakefield has tapped former New York City Police Commissioner Raymond Kelly to head up a newly created global Risk Management Services division to advise clients on risk-mitigation solutions for cyber terrorism, crisis management, emergency preparedness and other security-related issues.<\/p>\n<p>Kelly, who becomes president of the RMS division, will join the commercial real estate services firm on March 24.<\/p>\n<p>President &amp; CEO Ed Forst noted that Kelly, the longest-serving commissioner in the New York Police Department\u2019s history, had a multitude of offers to choose from when he ended his NYPD tenure and he was pleased that Kelly picked Cushman &amp; Wakefield.<\/p>\n<p>\u201cHis proven track record of successfully managing risk in business, law enforcement, public safety, and the military are obvious,\u201d Forst said in a news release. \u201cThe risks our global clients face are diverse, disruptive, geographic in scope, and constantly evolving. Adding one of the world\u2019s foremost risk management and security experts to our leadership team will provide our clients the highest level risk management service in the industry and adds incredible power to our brand.\u201d<\/p>\n<p>Forst, who started in the top job at Cushman &amp; Wakefield on Jan. 4, told <i>Commercial Property Executive<\/i> he has spent much of his first weeks strategizing about how to move the company forward and add different lines of business. He realized that neither Cushman &amp; Wakefield nor its competitors had made a priority of building a business around risk management services.<\/p>\n<div id=\"attachment_1004088617\" style=\"width: 160px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/12\/Ed-Forst-CW-President-CEO.jpeg\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004088617\" data-attachment-id=\"1004088617\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/cw-taps-forst-for-ceo-position\/ed-forst-cw-president-ceo\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/12\/Ed-Forst-CW-President-CEO.jpeg\" data-orig-size=\"336,384\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"Ed Forst CW President  CEO\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Edward Forst, C&#038;W&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/12\/Ed-Forst-CW-President-CEO.jpeg?w=336\" loading=\"lazy\" class=\"size-thumbnail wp-image-1004088617\" alt=\"Ed Forst, C&amp;W\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/12\/Ed-Forst-CW-President-CEO.jpeg\" width=\"150\" height=\"150\" \/><\/a><p id=\"caption-attachment-1004088617\" class=\"wp-caption-text\">Ed Forst, C&amp;W<\/p><\/div>\n<p>\u201cWe think it\u2019s a very important long-term business to have,\u201d he said. \u201cWe needed a superior leader to bring it to life.\u201d<\/p>\n<p>Forst said he and John Santora, president &amp; CEO, Corporate Occupier &amp; Investor Services,\u00a0both came up with the same name \u2013 Kelly.<\/p>\n<p>\u201cHe was intrigued about it from our first outreach\u201d Forst told <i>CPE.<\/i><\/p>\n<p>In a prepared statement, Kelly said he was honored to \u201chave the opportunity to lead this groundbreaking new division for Cushman &amp; Wakefield as we work to protect the safety and stability of the firm\u2019s global clients and their assets.\u201d<\/p>\n<p>The new group will offer tailored solutions to manage and mitigate risks around the world, including physical and cyber security intelligence, crisis management, due diligence\/site selection and emergency preparedness.<\/p>\n<p>Forst said once Kelly starts at the firm later this month they will establish a framework for how they want to proceed. While he didn\u2019t know how many people would be needed, Forst said they would be building a team with Kelly.<\/p>\n<p>\u201cWe get the joy of moving the framework forward with the right leader,\u201d he said.<\/p>\n<p>Since the news of Kelly\u2019s hiring became public, Forst said he has already had calls of interest about the new RMS division.<\/p>\n<p>\u201cI\u2019ve received more calls than I\u2019ve made,\u201d he said.<\/p>\n<p>Forst, a former administrative officer at Goldman Sachs Group Inc., worked with Kelly and the NYPD about 10 years ago on security issues for the financial firm\u2019s new downtown New York City headquarters.<\/p>\n<p>While serving as commissioner, Kelly oversaw a reduction in crime in New York City, including a 40 percent decrease in violent crime over the past 12 years. Following the 9\/11 attacks on the World Trade Center, he established and built the Counterterrorism and Intelligence Bureaus. In addition to two terms as NYPD commissioner, Kelly had various other positions including Commission of the U.S. Customs Service. He is a retired Colonel in the U.S. Marine Corps Reserves and also holds law and master\u2019s degrees.<\/p>\n<p>Cushman &amp; Wakefield is the world\u2019s largest privately-held commercial real estate services firm with about 250 offices in 60 countries and nearly $4 billion in assets under management.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cushman &amp; Wakefield has chosen former New York City Police Commissioner Raymond Kelly to head up a newly created global Risk Management Services division to advise clients on risk-mitigation solutions.<\/p>\n","protected":false},"author":1068,"featured_media":1004092327,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21808,21742],"tags":[],"class_list":["post-1004092325","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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Gail has been a freelance writer and editor for more than 20 years, contributing to daily websites, magazines, weekly business newspapers, market intelligence newsletters, research reports, monthly B-to-B and consumer magazines. Earlier in her career, Gail worked for Gannett Corp. as an editor and reporter for 15 years. 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