Jones Lang LaSalle Incorporated ·JLL

Five divisional CEOs report directly to the group CEO

Financials · Fortune #188 · Divisional structure · 112K employees · Chicago, IL

View as of:
6
CEO span
↓ tighter than peers (avg 7)
3.2
Avg span
moderate
3
Max depth
flat for 112K emp
4.3 yr
Avg tenure
stable vs FY2024
67%
Internal hires
↑ above industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Revenue
$26.1B
Operating income
$1.1B
Net income
$792M
Total assets
$17.8B
Employees
48K
Shares out
47M

Sourced from Jones Lang LaSalle Incorporated DEF 14A · filed 2026-04-17 ↗ View on SEC

Interactive org chart

Jones Lang LaSalle Incorporated organizational chart

Explore the executive structure, reporting layers, and scenario-ready operating model from public filings.

Open editable chart

Five divisional CEOs report directly to JLL CEO Christian Ulbrich. This page maps JLL’s divisional structure, executive team, segment leadership, recent changes, and peer comparisons, highlighting how accountability is pushed to business-line CEOs.

What to model

Use the chart to test org decisions, not just view reporting lines

Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.

Latest signal Software and Technology Solutions changed role as Business line reporting

Merged into Real Estate Management Services effective January 1, 2026.

Source · See change log

Scenario views in the chart

  • Add Chief AI Officer Introduce a Chief AI Officer reporting to the CEO to centralize AI strategy across divisions.
  • Consolidate Technology under REMS Move JLL Technologies leadership to report to the CEO of Real Estate Management Services to deepen integration.

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The people

Who's running this

7 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.

internal

Christian Ulbrich

Chief Executive Officer and President

Executive

9 yr

12 reports

internal

Neil Murray

CEO, Real Estate Management Services

Real Estate Management Services

5 yr

1 reports

internal

Richard Bloxam

CEO, Capital Markets

Capital Markets

6 yr

1 reports

internal

Karen Brennan

CEO, Leasing Advisory

Leasing Advisory

1 yr

1 reports

internal

Mihir Shah

CEO, JLL Technologies

Technology

4 yr

1 reports

Kelly Howe

Chief Financial Officer

Finance

1 yr

2 reports

internal

Alan K. Tse

Global Chief Legal Officer

Legal

7 yr

0 reports

The pay

Executive compensation

From the most recent DEF 14A Summary Compensation Table. 2 named executive officers disclosed. Bar length scales with total compensation.

Christian Ulbrich $14.7M
Base salary
$1.04M
Stock awards
$9.93M
Non-equity incentive
$3.67M
Other
$36K
Fiscal year
FY2025
Source
SEC DEF 14A ↗
Kelly Howe $3.1M
Base salary
$542K
Stock awards
$1.47M
Non-equity incentive
$1.11M
Other
$15K
Fiscal year
FY2025
Source
SEC DEF 14A ↗

The skin in the game

Beneficial ownership

Insider stock holdings and the company's ownership requirements for executives and directors. Disclosed in the most recent DEF 14A.

HolderShares% of class
Christian Ulbrich 145K<1%
Richard Bloxam 41K<1%

The businesses

How Jones Lang LaSalle Incorporated divides the work

4 divisions report into the group CEO. Tile size scales with estimated headcount.

Capital Markets

18K employees

CEO, Capital Markets (Richard Bloxam)

Provides global investment sales, debt advisory, and capital solutions to real estate investors.

Leasing Advisory

22K employees

CEO, Leasing Advisory (Karen Brennan)

Advises occupiers and landlords on leasing strategy using global market intelligence.

Real Estate Management Services

50K employees

CEO, Real Estate Management Services (Neil Murray)

Manages facilities, projects, workplaces, and portfolios for global clients.

JLL Technologies

3K employees

CEO, JLL Technologies (Mihir Shah)

Develops and deploys technology and data platforms supporting real estate services.

The thesis

Why this org is unusual

Five operating-division CEOs report directly to Christian Ulbrich, an unusually explicit divisional model for a professional-services firm of JLL’s scale.

Capital Markets, Leasing Advisory, Real Estate Management Services, Investment/Technology, and corporate functions each have clear P&L ownership at the CEO-of-segment level.

This structure reflects JLL’s client-facing, market-led strategy, reinforced by the 2026 reporting change that folded Software and Technology Solutions into Real Estate Management Services. The CEO’s span emphasizes coordination across businesses via the Global Executive Board rather than through a COO layer.

Compared with peers, JLL shows deeper empowerment of business-line CEOs, with finance, legal, and technology acting as enablers rather than controllers.

  • No COO role
  • Multiple divisional CEOs
  • Formal Global Executive Board

The comparison

How Jones Lang LaSalle Incorporated stacks up

Peers such as CBRE and Cushman & Wakefield also use divisional structures, but JLL is distinctive in formally titling multiple segment heads as CEOs and placing them directly under the group CEO. Many competitors interpose regional presidents or a COO, whereas JLL relies on the Global Executive Board for …

C-suite size

Jones Lang LaSalle Incorporated
7
CBRE Group
8
Cushman & Wakefield
7
Colliers
6
Savills
7

Reporting depth

Jones Lang LaSalle Incorporated
3 levels
CBRE Group
5 levels
Cushman & Wakefield
5 levels
Colliers
4 levels
Savills
5 levels

Avg C-suite tenure

Jones Lang LaSalle Incorporated
4 yr
CBRE Group
6 yr
Cushman & Wakefield
5 yr
Colliers
7 yr
Savills
6 yr

Has COO / Has CAIO

Jones Lang LaSalle Incorporated — no COO — no CAIO
CBRE Group ✓ COO — no CAIO
Cushman & Wakefield ✓ COO — no CAIO
Colliers — no COO — no CAIO
Savills ✓ COO — no CAIO

Current signals

What changed recently

The most significant change was the July 2025 CFO transition, with Karen Brennan moving to lead Leasing Advisory and Kelly Howe appointed CFO.

  • reorg
    Software and Technology Solutions Business line reporting

    Merged into Real Estate Management Services effective January 1, 2026.

    Source
  • promoted
    Karen Brennan CEO, Leasing Advisory

    Effective July 1, 2025, transitioned from CFO to CEO of Leasing Advisory.

    Source
  • new
    Kelly Howe Chief Financial Officer

    Appointed CFO effective July 1, 2025.

    Source

Leadership Timeline

Year-over-year executive structure based on SEC proxy and annual filings.

FY2025
DEF 14A filed 2026-04-17
CEO
Christian Ulbrich
CEO span
6
C-suite
6
Avg tenure
4.3 yr

Reflects post-2025 CFO transition and divisional CEO structure.

Named executive officers (6)
  • Christian Ulbrich - CEO since 2016
  • Kelly Howe - CFO since 2025
  • Richard Bloxam - CEO, Capital Markets since 2019
  • Karen Brennan - CEO, Leasing Advisory since 2025
  • Neil Murray - CEO, REMS since 2020
  • Mihir Shah - CEO, JLL Technologies since 2021
FY2024
DEF 14A filed 2025-04-11
CEO
Christian Ulbrich
CEO span
6
C-suite
6
Avg tenure
5.1 yr

Pre-transition year with Brennan as CFO.

Named executive officers (5)
  • Christian Ulbrich - CEO since 2016
  • Karen Brennan - CFO since 2020
  • Richard Bloxam - CEO, Capital Markets since 2019
  • Neil Murray - CEO, REMS since 2020
  • Mihir Shah - CEO, JLL Technologies since 2021
FY2023
DEF 14A filed 2024-04-12
CEO
Christian Ulbrich
CEO span
6
C-suite
6
Avg tenure
5.6 yr

Stable divisional leadership prior to 2024–2025 changes.

Named executive officers (5)
  • Christian Ulbrich - CEO since 2016
  • Karen Brennan - CFO since 2020
  • Richard Bloxam - CEO, Capital Markets since 2019
  • Neil Murray - CEO, REMS since 2020
  • Mihir Shah - CEO, JLL Technologies since 2021

Year-over-year changes

FY2023 → FY2024

Leadership remained stable between 2023 and 2024.

FY2024 → FY2025

CFO succession and role realignment reduced average tenure but preserved overall structure.

  • CEO span: 6 → 6
  • C-suite size: 6 → 6
  • Avg tenure: 5.1 → 4.3 yr
  • promoted Karen Brennan - CEO, Leasing Advisory (was CFO) (DEF 14A 2026-04-17)
  • new Kelly Howe - CFO (was CFO, Leasing Advisory) (DEF 14A 2026-04-17)

The board

Board of directors

3 directors. 2 of 3 independent (67%). Source: most recent DEF 14A.

Siddharth (Bobby) Mehta

Chair Independent

Board Chair; former CEO, TransUnion

Director since 2019 · Age 67

Also on: Allstate, Northern Trust

Matthew Carter, Jr.

Independent

Technology Executive

Director since 2018 · Age 65

Also on: NRG Energy

Christian Ulbrich

Inside

CEO, Jones Lang LaSalle

Director since 2016 · Age 59

The board, organized

Board committees

2 standing committees. Audit and Compensation must be 100% independent under SEC rules; the rest vary.

Audit and Risk Committee

100% independent 8 mtgs/yr
  • Siddharth (Bobby) Mehta Chair
  • Matthew Carter, Jr.

Compensation Committee

100% independent 5 mtgs/yr
  • Matthew Carter, Jr. Chair

Frequently Asked Questions

Who is the CEO of Jones Lang LaSalle?

Christian Ulbrich has served as CEO and President since October 2016.

What type of organizational structure does Jones Lang LaSalle use?

JLL uses a divisional structure with major business lines led by segment CEOs.

How many direct reports does Jones Lang LaSalle's CEO have?

The CEO has six direct reports, primarily divisional CEOs and key corporate officers.

How has Jones Lang LaSalle's leadership changed recently?

In July 2025, Karen Brennan became CEO of Leasing Advisory and Kelly Howe was appointed CFO.

Does Jones Lang LaSalle have a COO?

No, JLL does not have a COO; integration is handled through the Global Executive Board.

Sources

  • 2026 Proxy Statement
  • Form 8-K, May 7, 2025
  • SEC EDGAR: Jones Lang LaSalle Incorporated DEF 14A Proxy Statement
  • SEC EDGAR: Jones Lang LaSalle Incorporated 10-K Annual Report

Reference

Cite this page

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APA 7th
Creately. (2026). Jones Lang LaSalle Incorporated organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/jones-lang-lasalle-jll/
MLA 9th
"Jones Lang LaSalle Incorporated Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/jones-lang-lasalle-jll/. Accessed .
Chicago 17
Creately. "Jones Lang LaSalle Incorporated Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/jones-lang-lasalle-jll/.
Original SEC source View on SEC ↗
Jones Lang LaSalle Incorporated. DEF 14A. Filed 2026-04-17. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/1037976/000103797626000099/jll-20260417.htm

Permanent URL: https://creately.com/org-chart/fortune-500/jones-lang-lasalle-jll/ · last updated 2026-04-01

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