JLL Appoints Courtney Huggins as Global Treasurer

Rhea-AI Summary

On April 27, 2023, Jones Lang LaSalle (NYSE: JLL) appointed Courtney Huggins as the new Global Treasurer, succeeding Bryan Duncan. Huggins, formerly with Canary Wharf Group, will report to CFO Karen Brennan and focus on enhancing the global treasury function, including international cash flow optimization, treasury automation, and sustainable financing strategies.

With extensive experience in treasury leadership, including significant roles at Logicor and Capita Plc, Huggins brings a wealth of knowledge in managing large-scale debt operations and implementing innovative financing frameworks. Her previous success in managing over £4 billion in debt and developing sustainability-linked finance solutions aligns with JLL's goals for financial transformation.

Positive

• Appointment of an experienced treasurer expected to enhance treasury operations.
• Huggins' background in sustainability-linked financing aligns with JLL's ESG goals.
• Expertise in managing substantial debt could optimize JLL's financial strategies.

Negative

• Change in leadership may disrupt continuity in treasury strategies.

CHICAGO, April 27, 2023 /PRNewswire/ -- Jones Lang LaSalle Incorporated (NYSE: JLL) announced today the appointment of Courtney Huggins as Global Treasurer. Reporting to CFO Karen Brennan, she will lead the transformation of the firm's global treasury function, with a focus on international cash flow optimization, improved treasury automation, increased sustainable financing and strategic debt and balance sheet management. Huggins succeeds Bryan Duncan, who is pursuing other opportunities.

Huggins joins JLL from Canary Wharf Group, where she served as Director of Group Treasury. In this position, she reshaped and led the Group Treasury team and developed and implemented new financing strategies, including the firm's first sustainability-linked finance framework and associated financing. Huggins managed debt of over £4 billion, including green bonds, capitalizing on the firm's ESG commitments and overall mission.

Prior to this, Huggins was Group Treasurer at Logicor, a leading European owner, manager and developer of logistics real estate. In this role, she built the pan-European treasury function during a period of significant change for the business, refinancing over €7 billion of debt and significantly optimizing cash management by instituting new processes and systems. Huggins has also held treasury leadership roles at Capita Plc and Klesch Group.

"Courtney's international leadership experience in developing systematic, disciplined and innovative strategies to cash management, complex financing and governance processes will further grow our team's efficiencies," says Brennan. "Her expertise of the entire treasury ecosystem, combined with her proven success in capital markets, sustainability and digital automation initiatives will enhance our client experience and evolve JLL's continued global transformation."

Huggins holds an MCT Advanced Diploma, specializing in senior treasury strategy, from The Association of Corporate Treasurers (ACT) and a bachelor's degree from The George Washington University in Washington D.C. 

Huggins commented, "I am delighted to be leading JLL's global treasury function. Together with an exceptional treasury team, I look forward to setting strategy and partnering with JLL colleagues and stakeholders around the world. JLL is a world class organization offering a strong global platform. I am eager to bring value to the business and its clients as Global Treasurer."  

About JLL
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $20.9 billion, operations in over 80 countries and a global workforce of more than 103,000 as of December 31, 2022. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit ir.jll.com.

Contact: Allison Heraty
Phone: + 1 312 228 3128
Email: allison.heraty@jll.com

 

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SOURCE JLL-IR

FAQ

Who is the new Global Treasurer of JLL?

Courtney Huggins has been appointed as the new Global Treasurer at JLL.

What are the key responsibilities of Courtney Huggins at JLL?

Huggins will focus on optimizing cash flow, improving treasury automation, and enhancing sustainable financing.

What did Courtney Huggins do before joining JLL?

Before joining JLL, Huggins served as Director of Group Treasury at Canary Wharf Group.

Why did Bryan Duncan leave JLL?

Bryan Duncan left JLL to pursue other opportunities.

What potential impact does Huggins' appointment have on JLL?

Huggins' extensive experience may improve JLL's treasury operations and enhance its strategic financial management.