1. Rich Okoney joins CWK as Global Data Center Practice Lead. 2. Okoney has over 20 years of experience in data center management. 3. His leadership is expected to enhance CWK’s competitive position. 4. CWK’s IFM group focuses on cost reduction and operational excellence. 5. The firm reported $9.4 billion in revenue in 2024.
The appointment of a seasoned leader like Okoney could enhance operational efficiencies. Historically, strong leadership hires in competitive sectors often lead to increased investor confidence.
The strategic hire directly influences CWK's competitive capabilities in a growing sector. The proven track record of the new hire indicates potential for enhanced performance and investor interest.
Okoney's experience and vision may lead to sustainable growth in CWK’s data center services. As demand for efficient data centers increases, CWK’s position may strengthen over time.
CHICAGO--(BUSINESS WIRE)-- Rich Okoney has joined Cushman & Wakefield (NYSE: CWK) as Global Data Center Practice Lead in the firm’s Integrated Facility Management (IFM) Service Line team. Based in Connecticut, Okoney will report to David Bukovac, Global Head of IFM.
Okoney has over 20 years of experience in programmatic development and in managing the maintenance, operations, construction and engineering of critical facilities, data centers and large global portfolios. Most recently, he was with JLL, where he led the Global Data Center and Critical Environments Practice.
“Rich has an exceptional track record of delivering strategic programs, driving real results in data center management, engineering, and FM technical delivery for clients,” said Bukovac. “The data center market is highly demanding and competitive and requires the strong leadership that Rich brings to the role.”
Prior to joining Cushman & Wakefield, Okoney was Head of Global Data Center Operations & Engineering at JLL. He has held similar roles at CBRE and Johnson Controls.
“Clients – particularly those working with complex facilities like Data Centers – not only require their teams to operate collaboratively, but also to be able to transform assets into exceptional, highly reliable and efficient assets,” said Okoney. “The Cushman & Wakefield team understands this, and consistently delivers on behalf of clients around the world.”
Cushman & Wakefield’s IFM group applies tried-and-tested processes, building management technology and economies of scale that can significantly reduce facility operating costs. With expertise in real estate execution, the firm has a proven track record of maintaining operational excellence across services and geographies.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2024, the firm reported revenue of $9.4 billion across its core service lines of Services, Leasing, Capital markets, and Valuation and other. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com.