CBRE Group announces chief accounting officer transition and new appointment

CBRE Group, Inc. (NYSE:CBRE), a prominent player in the Real Estate Management & Development industry with a market capitalization of $45.66 billion, announced Monday that Lindsey Caplan will step down as Chief Accounting Officer effective August 31, 2025, and will leave the company on December 31, 2025. The company stated that Caplan is departing to pursue other opportunities.

Andrew Horn, currently Deputy Chief Financial Officer, will assume the role of principal accounting officer effective September 1, 2025. Horn, age 37, has served as Deputy CFO since January 2025. The transition comes as CBRE maintains a strong financial position, with InvestingPro data showing the company’s robust health score of 2.61 and expectations for net income growth this year. His previous roles at CBRE include Chief Financial Officer for the company’s Advisory Services and Global Workplace Solutions segments from April 2024 to January 2025, and Chief Financial Officer for the Real Estate Investments segment from September 2022 to April 2024. Horn also held positions as Vice President and Senior Vice President in the Finance Innovation Office from March 2020 to September 2022, and led Transactions and Underwriting at Hana, a division of the Real Estate Investments segment, from January 2019 to March 2020.

According to the company’s statement, there are no arrangements or understandings between Horn and any other persons regarding his appointment. CBRE also reported that Horn has no family relationships with any director or executive officer and has not participated in any related party transactions as described in Item 404(a) of Regulation S-K.

Horn holds a Bachelor of Science from Indiana University and a Master of Business Administration from the University of Chicago Booth School of Business. Want deeper insights into CBRE’s financial health and growth prospects? InvestingPro offers exclusive access to 18+ additional investment tips and comprehensive analysis through their Pro Research Report.

This information is based on a press release statement included in a filing with the Securities and Exchange Commission.

In other recent news, CBRE Group Inc. reported strong financial results for the second quarter of 2025, surpassing market expectations. The company achieved earnings per share (EPS) of $1.19, exceeding the forecasted $1.08, marking a 10.19% positive surprise. Additionally, CBRE reported revenues of $9.8 billion, which was higher than the anticipated $9.48 billion. These figures highlight the company’s solid performance and strategic effectiveness. The earnings announcement was followed by a notable rise in CBRE’s stock in pre-market trading, indicating investor confidence. While the stock movement reflects market sentiment, the focus remains on the company’s financial achievements. Analyst firms have yet to release any new upgrades or downgrades following this earnings report. These developments underscore CBRE’s continued momentum in the market.

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