Barry Varcoe named new CoreNet Global Chairman (EUR)

CoreNet Global, the world's leading professional association of corporate real estate and workplace executives, announced today the election of Barry Varcoe as Chairman of the Board of Directors for the 7,000 member association.

Barry Varcoe

Barry Varcoe is CoreNet Global's new Chairman.

Mr. Varcoe is the second Europe-based member in succession to be selected as Chairman and will serve a one-year term beginning April 28, 2009 at the close of the CoreNet Global Dallas Summit.

Mr. Varcoe will succeed Mark Tamburro as CoreNet Global's new Chairman. Varcoe is the Director of Group Property for The Royal Bank of Scotland.

In addition, Jan-Peter Kastelein, Senior Researcher, Nyenrode Business University a CoreNet Global member based in the Benelux region is one of a number of new Associate Director appointments to the Board.

Philip Dietzold, Chair, CoreNet Global Benelux Chapter, comments, "we are delighted to welcome Barry as the new Chairman of the Board at CoreNet Global, and we look forward to working with him through this year. We're also very pleased that Jan-Peter Kastelein from Nyenrode Business University here in the Netherlands has been appointed as an associate on the Board.

"Europe remains a very important region for the Global Network, and in the Benelux we have a very active and growing Chapter organizing a variety of knowledge-led programmes for the professional development of senior corporate real estate professionals in the region.

"We're looking forward to hearing about Barry's vision for EMEA and specifically the European chapters when he is appointed later this month".

Other new Board appointments include Lee Utke, MCR, who will assume the position of Chair-Elect. Utke is the Director of Global Corporate Real Estate for Whirlpool Corporation. Steve Stoner of Stoner Consulting Group was appointed Treasurer. Tamburro, VP of Workplace Resources for Nokia, will serve as an officer in the position of Immediate Past Chair.

CoreNet Global also announced the newly elected Directors and Associate Directors of the Board. The Board will now include seven Directors from countries outside of North America, and for the first time a member – Erica Chapman - from CoreNet Global's Young Leaders Special Interest Group (SIG).

Newly-elected Directors are:

· David Radcliffe, MCR, VP, Real Estate and Workplace Services, Google
· Dino Piccini, BCCR, President, Global Corporate Services, DTZ
· Matt Fanoe, Corporate Director of Real Estate and Facilities, Coca-Cola Enterprises, Inc.
· Randy Smith, MCR, VP, Global Real Estate, Oracle
· Tony Shou Fat Wong, MCR, Executive Director Corporate Services, Asia, Morgan Stanley

All newly-appointed members to the Board of Directors will serve a term of three years concluding in the spring of 2012.

In addition, the Board has appointed the following Associate Directors with a one-year term:

· Erica Chapman, Director of Corporate Real Estate Americas, Adida
· Jan-Peter Kastelein, Senior Researcher, Nyenrode Business University
· Mary Jane Olhasso, Director of Economic Development, City of Ontario, Califor

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