McWhinney President & COO Ray Pittman to Assume CEO Role
June 14, 2021 Posted In
McWhinney has announced that President and Chief Operating Officer Ray Pittman will take up the company’s Chief Executive Officer role. Co-Founder Chad McWhinney will step back from day-to-day operations and transition to Executive Chairman for the company. Co-Founder Troy McWhinney will remain in his current role as Senior Board Member and Chief Investment Officer.
Pittman joined McWhinney in 2019 after previously serving as Global Chief Client Officer for CBRE, as well as serving as CEO for the company’s diverse business operations in Australia and New Zealand.
In his role as President and COO of McWhinney, Pittman has managed the company’s day-to-day operations and led the development and execution of the company’s strategic plan, growing investor returns and long-term portfolio value. His focus has been on optimizing the company’s operating capabilities, employing strategies to maximize customer and investor satisfaction, and attracting, developing, and retaining top talent for the firm.
“With our commitment to the company’s continued growth and success, the Board and I felt it was a strong time to build upon our positive momentum and transition Ray Pittman into the CEO role to lead the business forward,” said Chad McWhinney. “We have great confidence in Ray’s leadership abilities and experience, alongside my focus on the strategic vision of the company including new markets and new product types. This is the right move, the right person and the right time for us to make this advancement.”
Chad McWhinney co-founded the real estate investment company in 1991 with his brother Troy, who serves as the company’s Chief Investment Officer. In his 30 years as CEO, McWhinney has planned and developed over 6,000 acres of land and over 11 million square feet of office, industrial, medical, retail, hospitality and residential properties, including more than 3,000 units of multifamily apartment homes.
“I am really proud to be a part of the McWhinney organization, and very honored to be asked to take on the CEO role,” added Pittman. “I look forward to working closely with Chad and Troy to help chart the future of the company, and with the great McWhinney team to build on our past success. We’ve got a lot of exciting opportunities ahead of us right now, and I’m confident we’ll achieve great things together.”
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