PRESS RELEASE
Contact:
Robert McGrath
212.984.8267
robert.mcgrath@cbre.com
Liz Wainger
301.340.6831
liz@waingergroup.com
JIM REID APPOINTED TO WHITE HOUSE
NATIONAL INFRASTRUCTURE ADVISORY COUNCIL
Washington, D.C. – July 9, 2008 – CB Richard Ellis Group, Inc. (NYSE: CBG) today
announced that Jim Reid, President of the company’s U.S. Eastern Division, has been
appointed by President George W. Bush to the National Infrastructure Advisory Council (NIAC).
Mr. Reid—the only representative of the commercial real estate industry among the members of
the board—was sworn in during a ceremony yesterday in Washington, D.C.
“It’s a tremendous honor to not only be selected by the President of the United States for such
an important role, but to be able represent the commercial real estate industry while working to
ensure the continued safety of our great nation,” said Mr. Reid. “I look forward to collaborating
with some of the brightest minds from across the country to strengthen our security initiatives for
critical infrastructure.”
Established in October 2001, the NIAC advises the President, through the Secretary of
Homeland Security, on the security of critical infrastructures, both physical and cyber, that
support the United States' national security and economic sectors. The Council works to
improve partnerships between the private and public sectors for safeguarding information
systems infrastructures and provides counsel on a variety of issues, ranging from risk
assessment & management to information sharing and protective strategies.
The NIAC is composed of up to 30 appointees, many of whom are senior-level executives
representing major sectors of the economy—energy, banking and finance, transportation,
information technology and manufacturing. The Council also includes leaders from academia,
state and local government, and law enforcement.
The NIAC meets publicly four times a year, taking on four to six major studies, with the goal of
delivering quality, well-researched reports within 12 months of inception. The President meets
with the Council at least once a year and regularly gives directives regarding “issues of
interest.”
As President of CB Richard Ellis’ U.S. Eastern Division, Mr. Reid oversees more than 60 offices
in markets including Atlanta, Boston, Chicago, Dallas, Houston and Washington, D.C. The
Division represents one of CB Richard Ellis’ largest operating divisions. Mr. Reid previously
served as Chairman of CBRE’s Europe, Middle East and Africa (EMEA) Division. Earlier in his
CB Richard Ellis Press Release
career, Mr. Reid held leadership positions at Cushman & Wakefield, Jones Lang Wootton and
Charles E. Smith Companies.
Mr. Reid has an MBA from Harvard Business School and a Bachelor of Science in Commerce
from the University of Virginia. He is a member of the Urban Land Institute as well as a Fellow
of the Royal Institute of Chartered Surveyors.
About CB Richard Ellis
CB Richard Ellis 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 firm (in terms of 2007 revenue). With over 29,000 employees,
the Company serves real estate owners, investors and occupiers through more than 300 offices worldwide
(excluding affiliate offices). CB Richard Ellis offers strategic advice and execution for property sales and leasing;
corporate services; property, facilities and project management; mortgage banking; appraisal and valuation;
development services; investment management; and research and consulting. CB Richard Ellis is the only
commercial real estate services company named one of the 50 “best in class” companies by BusinessWeek, and
was also named one of the 100 fastest growing companies by Fortune. Please visit our Web site at www.cbre.com.