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Staubach will assume the title of executive chairma n and sayshis day-to-day duties will not change. Gregory president of the company's Northeast region, will become the new CEO. Forme national president and COO Elysia Ragusz will now overseethe company's Easterhn division. She'll be replaced by John former executive vice president of the companh and president of its Southwestr CorporateServices division. The companuy also announced additions to its board of The changes are in conjunction with a long plannerd recapitalization of itscorporate structure, expected to be complete by June 30, accordinyg to a news release.
Besides new board members include Dan president ofCorporate Services, and Steve Stratton, president of Corporats Services, Midwest in A spokesperson for the company confirmed the firm'a corporate home will remain in The Staubach Co. is currently developing a new headquarters buildingf inPreston Center. Its existing leasde at Addison Circle expiredin 2009. Staubach formed his commercial real estatew enterprise 30 years ago after a hugely successful run as quarterbacl forthe . He recently said his primary responsibility now is leavinh his company in good shape when the next generatiobntakes over.
In addition to Gates, who is Staubach' son-in-law, three other family members work with Staubach at his tenanftrepresentation firm. Son Jeff is a top broker. Daughtetr Stephanie joined the firm last year asgeneraol counsel. Son-in-law Jamie Mentgen is a real estateradministration manager. "As executive chairman, I will continur to be active ona full-time performing all the same dutie s I have been doing, including working with and on behal f of our clients and ensuring that we retain our stronfg values and high levelzs of service," Staubach said in a statement.
"Aas our company's operations have grown across this in Canadaand Mexico, and as our numberds approach and exceed 1,500 we recognize the need to expand our nationak level of management."
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