June 20, 2019 Comments Off on Colliers Makes CEO Change for Alleged Misconduct Views: 1780 National News, Top National

Colliers International Group Inc. announced today that Dylan Taylor has been terminated as CEO of its Real Estate Services division for alleged misconduct, including improper trading activity in Colliers securities in breach of his employment obligations. Taylor (pictured above) has made certain allegations which he asserts as the basis for a potential constructive dismissal claim.

In a statement, Colliers says that while management and the board of directors of Colliers have no reason to believe the validity of such claims, the board has constituted a special committee to oversee an independent review of the allegations. Taylor had taken over as CEO in January.

Connect Media spoke with a number of CRE industry CEO’s and leaders who know Taylor and expressed support for him. They say the allegations are out of character. Peers pointed out Taylor has served for nearly two decades in the CRE industry and he’s earned the respect from the industry and colleagues as a man of utmost honor and integrity.

Jay Hennick, chairman and CEO, will continue to oversee the strategy and operations of Colliers as he has in the past, with all Regional and Business Line leaders directly reporting to him. John Friedrichsen, long-time CFO, will also take on added operational responsibilities. Effective immediately, the position of CEO of Real Estate Services is eliminated.

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Colliers Makes CEO Change for Alleged Misconduct

Dennis Kaiser