Colliers | Wisconsin names new leadership team
Change marks emergence of company’s third generation of ownership for state’s largest third-party real estate services firm
MILWAUKEE (May 3, 2021) – Colliers | Wisconsin, the state’s largest third-party real estate services firm, is announcing a leadership transition plan that will have Lyle Landowski assuming the role of President and CEO of the firm, effective Jan. 1, 2022.
Current CEO Scott Welsh and President Mike Fardy will maintain an ownership stake in the company and maintain a presence in the local commercial real estate industry, but it will be Landowski, who has been with the company for 15 years, and several other long-time colleagues who will be taking an ownership stake and leading the organization moving forward.
In addition to Landowski, the new leadership team includes Tom Shepherd (20 years with the company), Dan Wroblewski (16 years), Jessica Voelker (16 years), Mike Wanezek (14 years), and Ryan Frohmader (5 years).
While Welsh and Fardy will step back from their current leadership roles, they will remain engaged with the company providing mentorship to younger staff in addition to assisting with some business activity. Mark Schnoll, who joined the company as a partner in 2004 and played a key role in its growth, will be retiring at the end of 2021.
“This transition marks the third generation of ownership at Inland/Colliers. The members of our leadership team represent a mix of broker / producers and the operations team, which was an important aspect given the size and scope of the organization,” Landowski said. “More importantly, this group is aligned on why we exist and what’s most important to us – to live our culture and values, to serve our people, our clients and our community. This is a very talented yet humble group, and I am extremely grateful to be at the table with them.”
The company traces its roots back to 1971 when Dennis Welsh, Scott’s father, launched his own commercial real estate firm, Inland Co., in Milwaukee. In 1999, Scott, along with his longtime friend and business partner, Mike Fardy, purchased the company from Dennis.
The two built Inland Co., which later became Colliers | Wisconsin, into the state’s largest third-party real estate services company. The growth was fueled in large part by a vision to build a full-service real estate platform that could serve any client need, coupled with a people-first culture that fosters collaboration and synergy across different platforms.
Colliers | Wisconsin provides services in commercial real estate brokerage, property management, investment services, real estate development, construction, and facility management services. In addition to its Milwaukee office, it has offices in the Fox Valley and Madison areas.
“We’re bullish on the industry moving forward,” Landowski said. “The real estate market is changing at a rapid pace, due to both economic and technological change. We believe our platform positions us well to leverage these changes into providing exceptional value for our clients. We’ve learned that it’s our culture and our people that differentiate us, so that will continue to be our primary focus.”
About Colliers
Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 67 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to real estate occupiers, owners and investors. For more than 25 years, our experienced leadership with significant insider ownership has delivered compound annual investment returns of almost 20% for shareholders. With annualized revenues of $3.0 billion ($3.3 billion including affiliates) and $40 billion of assets under management, we maximize the potential of property and accelerate the success of our clients and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.
Colliers | Wisconsin
Colliers | Wisconsin is recognized as one of the largest full service commercial real estate companies in Wisconsin with offices in Milwaukee, Fox Valley and Madison. Colliers provide their clients with comprehensive expertise in Commercial Real Estate Brokerage, Property Management, Investment Services, Real Estate Development, Construction, and Facility Maintenance Services. Today, Colliers | Wisconsin employs more than 200 professionals and handles over 30 million square feet of Office, Industrial, Retail and Multi-Family projects.
NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. While it is believed to be reliable, Urban Milwaukee does not guarantee its accuracy or completeness.