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Jll Promotes Michael Raphael To Chief Procurement Officer

Mar 28, 2024over 1 year ago

Position

Chief Procurement Officer

Company

JLL

Michael Raphael
ChicagoReal Estate

Description

JLL has promoted Michael Raphael to Chief Procurement Officer to lead procurement activities globally across the company and manage annual procurement spend for both JLL and on behalf of its clients. Raphael will manage JLL's own corporate indirect spend and the procurement of goods and services on behalf of JLL clients. This appointment reflects JLL's commitment to responsible and sustainable procurement practices, as well as its goal of achieving net zero by 2040.

Company Information

Company

JLL

Location

Chicago, Illinois, United States

About

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 $16.6 billion in 2020, operations in over 80 countries and a global workforce of more than 92,000 as of June 30, 2021. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated.

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Executive Insights

Based on hiring data
New executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months