Swig Co. Promotes Perry to CEO
- Oct 29, 2014
The Swig Co. has appointed Ken Perry as its new COO, succeeding Jeanne Myerson, who had held the position since 1997.
Perry has more than 30 years of diversified experience in commercial real estate with demonstrated success in value creation, successful investment realization, and strategic planning.
“I’m looking forward to the chance to continue the growth and success of the company by expanding our investment platform with existing and prospective partners,” Perry told Commercial Property Executive.
Before the appointment, Perry served as Swig Co.’s chief officer and director of asset management, responsible for capital transactions and asset management for the company’s real estate investment portfolio. In that role, Perry also acted as the company’s primary representative with investment partners.
He joined the Swig Co. in 1998, and previously worked as the director of asset services, Northern California, for Cushman & Wakefield. He’s also held senior positions with Northern California regional developers Bedford Properties and Norland Properties and began his career in the office-leasing group for Cushman & Wakefield of Colorado.
According to Perry, valuations in the company’s target markets—California and New York—are currently at historically high levels, and Swig is enjoying those benefits in its operating properties.
“At the same time, we want to continue to very selectively pursue additional assets to fuel further growth,” he said. “With a long-term investment horizon, and our fundamental operating expertise, our strategy will be to uncover good risk-adjusted return opportunities, and to continue our recent growth model of investing side by side with like-minded investors.”
Perry received his MBA from the International Management Institute in Geneva, Switzerland.
“Under Jeanne’s steady, experienced leadership, this company has transitioned from a family real estate business to become a professionally managed investment venture with a strong reputation, solid investment partners, sound financial condition and a robust national portfolio,” Janice Sears, Swig Co.’s chairman of the board, said in a company statement. “Like Jeanne, Ken is a highly regarded professional with a deep understanding of the real estate industry and a demonstrated success in value creation and investment realization.”
Myerson recently joined the board of the Boston-based Berkshire Group, but will continue to serve as a strategic advisor to the Swig Co. to help foster a successful leadership transition.
“After almost 20 years of rewarding work leading the Swig Co., I am excited to focus on new challenges and devote more time to my family,” Myerson said in the release. “I am proud of all that we were able to achieve and would like to thank my talented staff for all of their hard work and dedication.”