Marcus & Millichap announced a management realignment to streamline decision-making, execution, and allocation of key executives to strategic growth initiatives. The company's brokerage operations will be consolidated under the position of chief operating officer.
J.D. Parker, formerly chief operating officer of the eastern division, has been promoted to Executive Vice President, Chief Operating Officer firmwide, overseeing all brokerage-related operations. Richard Matricaria, formerly chief operating officer, western division, now serves as Senior Vice President, Chief Growth Officer, responsible for expanding strategic partnerships and enhancing producer training.
The reorganization also includes expanded divisional leadership roles for Ryan Nee, Tim Speck, John Vorsheck, and Michael Glass, who are promoted to Executive Managing Director, Chief Revenue Officer. Greg LaBerge is promoted to Chief Client Officer, and John Chang to Chief Intelligence & Analytics Officer, reflecting a sharpened focus on growth initiatives and client service.
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