Business Review profiles new Grubb & Ellis president and CEO D'Arcy '83
The Business Review gets a sense of Tom D’Arcy ’83, appointed Grubb & Ellis president and CEO in November, by talking to fellow Bobcat football alum Tim Lyne ’83, executive vice president and partner at CB Richard Ellis New England. Lyne describes his friend and former colleague in commercial real estate as a “great leader” who “engenders a lot of loyalty from the people that work with him. He has a ton of integrity, but keeps it fun.” Business Review reporter Eric Convey writes that the “stakes are high” for Grubb & Ellis. The big California-based real estate services and investment company firm recently recapitalized after a period of disappointing earnings and slumping share prices, raising about $96 million through a special stock sale. D’Arcy, a political science major at Bates, says his mandate for running Grubb & Ellis is to make the operation “lean, profitable, sustainable and competitive.” View story from The Business Review, Jan. 8, 2010.