Cohen & Steers, Inc. (NYSE: CNS) has announced the appointment of Jon Cheigh as President, effective January 1, 2025. Mr. Cheigh, who currently serves as the Chief Investment Officer, will continue to focus the majority of his time on leading the investment department. This move reflects Mr. Cheigh's success as a leader and mentor and is part of the firm’s long-term planning for leadership by investment professionals.
Mr. Cheigh has been with Cohen & Steers since 2005, initially as a research analyst on the U.S. Real Estate team. He was promoted to portfolio manager in 2008, became Head of Global Real Estate in 2012, and assumed the role of Chief Investment Officer in 2019.
Joseph Harvey, Chief Executive Officer, praised Mr. Cheigh, stating, "Over the years, Jon has played a transformative role in our real estate team and investment department, consistently delivering alpha and instituting a culture of creativity, innovation, teamwork, and excellence."
In his new role, Mr. Cheigh expressed his commitment to continue coaching investment teams and elevating the firm's investment performance. He also looks forward to working with the Executive Committee to drive the strategic growth of the firm.
Cohen & Steers, founded in 1986, is a leading global investment manager specializing in real assets and alternative income. The firm focuses on listed and private real estate, preferred securities, infrastructure, resource equities, commodities, and multi-strategy solutions. Headquarters are located in New York City, with additional offices in London, Dublin, Hong Kong, Tokyo, and Singapore.
This transition in leadership comes as the company continues to solidify its position as a key player in the global investment management space. Today the company's shares have moved -0.8% to a price of $97.67. If you want to know more, read the company's complete 8-K report here.
