President & CEO - Korn Ferry : Job Details

Position: President / Chief Executive OfficerCompany: Pension Real Estate Association (PREA)Location: Headquartered in Hartford, CT. CEO Location Flexible.Reporting Relationship: Reports to the Board of DirectorsWebsite: THE COMPANYThe Pension Real Estate Association (PREA) is a non-profit, national trade association dedicated to serving the institutional real estate investment community. Founded in 1979, PREA's mission is to promote high standards of professional practice, education, and ethics in the field of institutional real estate investment. As a leading association in the institutional real estate investment sector, PREA plays a crucial role in shaping industry standards and practices. Through its educational programs, research, publications and scholarship programs, PREA contributes significantly to the professional development of its members and the overall advancement of the real estate investment industry.PREA boasts a diverse membership that includes over 750 corporate member firms. These members represent a wide range of participants in the real estate investment community, including public and corporate pension funds, endowments, foundations, insurance companies, investment advisory firms, REITs, developers, real estate operating companies and industry service providers.KEY RESPONSIBILITIESReporting to the Board of Directors, the President & CEO of PREA holds a pivotal role in leading the organization and ensuring its effective operation in serving its members. The CEO will be tasked with leading the expansion of opportunities for educational exchange through meetings and events, research, publications, and other forums. Key priorities include:Strategic Leadership and Vision

• Develop and implement the strategic vision and direction of PREA to meet its goals and objectives.
• Act as the primary spokesperson for PREA, representing the association at industry events, conferences, and in media engagements.

Organizational Management

• Oversee the daily operations of PREA, ensuring the organization's activities align with its mission and strategic plan.
• Manage the financial health of the organization, including budgeting, financial planning, and ensuring sustainable financial practices.

Member Engagement and Services

• Foster strong relationships with PREA members, addressing their needs and ensuring high member satisfaction.
• Oversee the development and delivery of educational programs, conferences, and events that provide value to PREA members.

Financial Management

• Focus on strategic growth to ensure financial sustainability while expanding PREA's impact within the institutional investment community.

Governance

• Partner with the Board of Directors in a collaborative manner, cultivating trusting relationships and ensuring consistent communications toward achievement of organizational goals.
• Provide regular updates and reports to the Board on the status of the organization, including financial performance, strategic initiatives, and operational challenges.

Networking

• Facilitate networking opportunities among members and with other industry stakeholders to promote knowledge sharing and collaboration.

Innovation and Growth

• Identify and pursue opportunities for innovation within the organization and the industry to maintain PREA's relevance and leadership.
• Lead efforts to grow the membership base and expand PREA's influence and reach within the institutional real estate investment community.

Staff Leadership

• Recruit, develop, and manage a high-performing team, fostering a positive and productive work environment.
• Encourage continuous professional development for staff to ensure they have the skills and knowledge to support PREA's mission effectively.

Industry Representation

• Forge strategic collaborations with other leading industry associations.
• Ensure PREA remains a leading voice and valuable resource for institutional real estate investors.

PROFESSIONAL EXPERIENCE AND BACKGROUND

• At least ten years of executive-level leadership experience, preferably within real estate investment management or another alternative investment sector.
• A strong visionary leader who proactively anticipates and addresses significant challenges and opportunities facing the organization.
• Effective at attracting and developing strong diverse talent, and building and managing a high-performing, innovative, and collaborative culture.
• Strong executive presence and communication skills, essential for garnering the trust and engagement of PREA's Board of Directors, membership, staff, and other external constituencies.
• Exceptional strategic planning and execution skills.
• Outstanding interpersonal and relationship building skills.
• A persuasive and influential communicator. An active listener.
• Technology savvy to ensure the organization is equipped to best serve the membership and staff.
• A passion for and commitment to serving and educating members of the institutional real estate investment community.

EDUCATIONBachelor's degree required. An advanced degree in a relevant discipline or equivalent business experience is desirable.Compensation Range:Approximately $500,000#J-18808-Ljbffr