8-KLeadership Changes

CBRE GROUP, INC. 8-K Report, Executive Changes (Aug 12, 2025)

Filed August 12, 2025For Securities:CBRE

Summary

CBRE Group, Inc. (CBRE) has announced a significant change in its accounting leadership. Lindsey Caplan, the current Chief Accounting Officer, will be stepping down from this role on August 31, 2025, and will depart the company entirely by December 31, 2025, to pursue other opportunities. This transition marks the end of Ms. Caplan's tenure with CBRE. Stepping into the principal accounting officer responsibilities is Andrew Horn, who currently serves as the Deputy Chief Financial Officer. This change will be effective September 1, 2025. Mr. Horn brings a wealth of experience within CBRE, having held various senior finance roles across different business segments since joining the company. Investors can view this as an internal promotion, indicating a focus on continuity within the finance department, though the departure of a key officer may warrant attention regarding the reasons for the transition and the capabilities of the incoming officer.

Key Highlights

  • 1Lindsey Caplan is stepping down as Chief Accounting Officer effective August 31, 2025.
  • 2Lindsey Caplan will leave CBRE Group, Inc. entirely on December 31, 2025.
  • 3Andrew Horn, Deputy Chief Financial Officer, will assume the responsibilities of principal accounting officer from September 1, 2025.
  • 4Andrew Horn has extensive experience within CBRE, holding various finance leadership roles since 2019.
  • 5Mr. Horn's qualifications include a B.S. from Indiana University and an M.B.A. from the University of Chicago Booth School of Business.
  • 6There are no undisclosed arrangements, understandings, family relationships, or related-party transactions concerning Mr. Horn's appointment.

Frequently Asked Questions

Lindsey Caplan is leaving CBRE to pursue other opportunities.

Andrew Horn, currently the Deputy Chief Financial Officer, will assume the responsibilities of principal accounting officer effective September 1, 2025. Ms. Caplan will remain with the company until December 31, 2025.

Andrew Horn has a strong financial background within CBRE, having served as Deputy Chief Financial Officer since January 2025. Prior to that, he held Chief Financial Officer roles for various business segments including Advisory Services, Global Workplace Solutions, and Real Estate Investments. He also has experience in the Finance Innovation Office and at Hana, a division of Real Estate Investments. He holds a B.S. from Indiana University and an M.B.A. from the University of Chicago Booth School of Business.

The filing states there are no arrangements or understandings with third parties regarding his selection, no family relationships with directors or executive officers, and no participation in related-party transactions. This suggests a standard and transparent appointment process.