Avison Young promotes Rick Jenkins to Chief Financial Officer
26 March 2024Jenkins will lead long-term growth strategies, after helping steer firm through recent financial recapitalization
Toronto, Ontario – Global commercial real estate advisor, Avison Young, today announces that Rick Jenkins has been named Chief Financial Officer, overseeing the firm’s financial operations and strategy.
Jenkins first joined the firm in 2016 as Global Controller, responsible for directing financial reporting and processes, developing tax strategies, overseeing due diligence and integration of merger and acquisition targets, and identifying and developing talent across the finance team.
“As a firm powered by people, we look for the best and the best was already developed within. Rick brings nearly a decade of Avison Young-specific expertise and I have every confidence that he will transition smoothly into his expanded role as CFO,” said Mark Rose, Chair and CEO, Avison Young. “This past year, Rick has already helped steer the firm through a momentous next chapter, helping finalize a comprehensive financial recapitalization that reinforces our financial foundation, significantly de-levers our balance sheet, and positions us with a sustainable go-forward capital structure.”
In his new role, Jenkins will lead the overall management and strategies in the areas of finance, accounting, budgeting and reporting, bank relations, risk management, joint ventures, and tax. He will also be responsible for the financial aspects of acquisitions, divestitures, and other related transactions, driving the company’s continued growth and success. A key member of the executive management team, Jenkins will participate in developing and executing Avison Young’s long-term growth strategies.
Jenkins brings more than 20 years of diverse accounting, finance, and consulting experience, including past experience with another large global commercial real estate firm. His background also encompasses more than nine years at a U.S. Big 4 CPA Firm in various consulting and audit roles, and five years as a controller at a global sports, modeling, and media conglomerate.
“This is a particularly exciting time to step into the role of CFO, having recently completed the recapitalization that positions us for future growth to best serve our clients and the firm,” said Jenkins. “I look forward to partnering with the senior management team to provide financial leadership that supports strategic growth and meets financial operating objectives.”
Avison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. As a private company, our clients collaborate with an empowered partner who is invested in their success. Our integrated talent realizes the full potential of real estate by using global intelligence platforms that provide clients with insights and advantage. Together, we can create healthy, productive workplaces for employees, cities that are centers for prosperity for their citizens, and built spaces and places that create a net benefit to the economy, the environment and the community.
Avison Young is a 2023 winner of the Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for 12 consecutive years.
For more information:
Andrea Zviedris, Media Relations – Canada: +1 416.891.7416
Sandra Hill, Media Relations – United States: 1 281.853.5548
Andrea Klettner, Media Relations – United Kingdom
Victoria Gieseking, Media Relations - EMEA