CRE Finance Council has announced that Dottie Cunningham has resigned from her post as chief executive officer of the organization. John D’Amico, president-elect of CRE Finance Council, will serve as interim CEO until a replacement for Cunningham is named. Separately, D'Amico begins his one-year term as president of the organization in June 2011.
“Leading the CRE Finance Council during the past 12 years has been extremely rewarding," said Cunningham. "I’m very proud to have taken part in the substantial growth and evolution of this organization during my time here. We’ve established a very solid foundation upon which the organization can continue to grow to best serve the commercial real estate finance market. Council membership, sponsorships and conference registrations have increased substantially during the last year, so I’m confident that the time is right for me to move onto the next chapter of my life. The Council is well poised for continued success.”
A search committee composed of past presidents of CRE Finance Council has been established with the objective of presenting a new Executive Director candidate to the Council’s Board of Governors for their approval by year-end 2010.
“On behalf of the CRE Finance Council, its officers, board of governors and members, I want to thank Dottie for the years of tireless service that she has provided to our organization," said current CRE Finance Council President Lisa Pendergast. "Under Dottie’s leadership, the CRE Finance Council has grown and prospered, becoming a leader in the commercial real estate finance marketplace. We will miss Dottie and wish her all the best in her future ventures. I look forward to working with John over the next several months as we prepare for the January Conference in Washington, D.C. and continue to work with regulators and legislators on the number of regulatory deadlines on the near-term horizon. John’s experience in the industry, his dedication to the Council over the past many years, and his past experience in co-chairing our conferences make him extremely well suited to run the Council during this interim period."
For more information, visit www.crefc.org.