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GE exec to lead JER

J.E Roberts has named former GE Real Estate head Michael Pralle as the firm’s new president and chief operating officer.

J.E. Roberts has appointed Michael Pralle, former head of GE Real Estate, as the firm’s new president and chief executive officer as the firm continues to expand its global presence.

“Michael’s global business experience and tremendous record of achievement makes him the ideal candidate for this position,” Joseph Robert, JER’s chairman and chief executive officer, said in a statement. “Michael’s network of relationships in the US, Europe, Latin America and Asia will be of invaluable importance as we continue to strategically grow our business.”

At GE Real Estate, Pralle served as president and chief executive officer. During his 18-year career at the firm, Pralle was responsible for overseeing the firm’s global business operations including its investment activities in the US, Europe and Asia. Prior to that, Pralle spent six years with management consulting firm McKinsey and Company in the firm’s London and Hong Kong offices.

Pralle holds a BA in Economics from Harvard University and an MBA from the Stanford Graduate School of Business.