CIM Veteran Joins GPI Companies

reprints


David Woodbury, a former executive at the CIM Group, has signed on as a director at GPI Companies, according to a company release.

Woodbury will serve as a director focusing on property acquisitions, development and asset management for GPI, which has around $1 billion in existing assets under its management.

SEE ALSO: Red Lobster Crawls Out of Bankruptcy After Being Acquired by New Investors

In his previous role as an associate vice president at CIM, Woodbury handled new investments and asset management, including more than $1 billion in acquisitions and depositions and more than $300 million of financings, with a focus on the California market.

In addition, GPI added Alex Akhtarzad, a former senior analyst at Colony Capital to its employee roster.

Both CIM Group and Colony Capital declined to comment on the personnel changes.