Sutton Group Realty Services has appointed real estate industry veteran Drew Keddy as its new president and CEO.
Keddy has been involved in the real estate industry for over 20 years. He was with Colliers International for 15 years and participated in many key milestones for Colliers, including several mergers and acquisitions both domestically and internationally, as well as the eventual sale of Colliers International to FirstService.
Scott Shaw, co-founder and former president, says in a news release: “We have been very patient to wait for the right leader to take the reins of Sutton. Drew’s proven ability to build high performance teams and grow companies both organically and through acquisitions will help accelerate our growth in the years ahead.”
Lance Tracey, co-founder, says: “While Scott and I will continue to be involved with the company at a board level, we are in alignment with Drew and know that he will be a complement to our team for the benefit of our franchisees and all of the real estate professionals that make Sutton the company it is today.”
Sutton was founded in Vancouver in 1983 by Shaw and Tracey. The brand has more than 200 offices and 8,000 real estate agents across the country.
“I cannot be more honoured or excited to be tasked with leading a Canadian company with Sutton’s pedigree,” says Keddy. “I will have the benefit of being able to leverage Sutton’s best in class service to create sustained growth for our franchisees, agents, shareholders and investors.”
Keddy says his mandate will be to strengthen the Sutton brand by working with and investing alongside franchisee partners to strengthen existing markets and enter new ones.
