Press Release: Jones Lang LaSalle Incorporated
September 12, 2001
CHICAGO and LONDON -- Jones Lang LaSalle Incorporated (NYSE: JLL), the world's leading real estate services and
investment management firm, announced yesterday that the Board of Directors has named Peter C. Roberts, 40, to
be the firm's Executive Vice President and Chief Operating Officer, effective January 1, 2002. Mr. Roberts, who
is currently Executive Vice President and Chief Financial Officer, will report to Christopher A. Peacock, 56, who
previously was named President and Chief Executive Officer, also effective January 1.
In his new role, Mr. Roberts will oversee operating, planning, marketing and business development activities for
the global real estate services and investment management firm. An internal and external search is underway for
his replacement.
``Peter's insightful perspective as a member of our Management Executive Committee, in addition to his financial
strengths as the Chief Financial Officer, have earned the respect of his peers and our Board. These contributions
and his previous track record as Co-President of our fastest growing and most profitable business, Tenant Representation,
will be tremendous assets in his new position,'' said Stuart L. Scott, Chairman and Chief Executive Officer of
Jones Lang LaSalle. ``Chris and Peter will be a powerful leadership team to drive the growth of our business well
into the future.''
``In a relatively short period, Peter has come to know the operations in each of our regions. In addition to his
in-depth understanding of our business, he also has the strategic expertise to help me in capitalizing on the multitude
of opportunities that our global platform provides. The depth of our management team gave us a rich field of internal
candidates to choose from for this important position,'' said Mr. Peacock, who is the current President, Deputy
CEO and Chief Operating Officer of Jones Lang LaSalle.
Mr. Roberts has been with Jones Lang LaSalle for 15 years, beginning his career with the Capital Markets group,
where he executed numerous transactions and financial advisory assignments for clients. In 1993, he assumed a management
role in Tenant Representation and in 1999 became Co-President for the group in the Americas. Over his career, he
has helped build the firm's practice of representing clients' occupancy requirements across their real estate portfolios
and on large, complex headquarters relocations. He also served as relationship manager for several of the firm's
major strategic alliance accounts. Mr. Roberts led teams that executed some of the largest leasing transactions
in New York, including Prudential Securities in 1993, Donaldson, Lufkin & Jenrette in 1994, and Skadden, Arps,
Slate, Meagher & Flom, LLP in 1996.
Prior to joining Jones Lang LaSalle, he was an Assistant Treasurer with Morgan Guaranty Trust Company of New York.
Mr. Roberts graduated from Dartmouth College magna cum laude with an A. B. in economics. He earned an M.B.A. from
Harvard Business School.
Jones Lang LaSalle is the world's leading real estate services and investment management firm, operating across
more than 100 markets on five continents. The company provides comprehensive integrated expertise, including management
services, implementation services and investment management services on a local, regional and global level to owners,
occupiers and investors. Jones Lang LaSalle is also the industry leader in property and corporate facility management
services, with a portfolio of approximately 700 million square feet (65 million square meters) under management
worldwide. LaSalle Investment Management, the company's investment management business, is one of the world's largest
and most diverse real estate investment management firms, with more than $23 billion of assets under management.
For more information, visit http://www.joneslanglasalle.com .
SOURCE: Jones Lang LaSalle Incorporated