HFF Announces Resignation Of John Pelusi, Jr. As CEO Effective April 1, 2014

(RTTNews) - HFF, Inc. (HF) and its Operating Partnerships, Holliday Fenoglio Fowler, L.P. Or HFF LP and HFF Securities L.P. announced the voluntary resignation of John Pelusi, Jr. as the Chief Executive Officer or CEO and Vice Chairman of the company and the Managing Member of the Operating Partnerships, both effective April 1, 2014.

Commenting on Pelusi, the company said he is a founding member of the firm and has served as CEO of the company and managing member of the Operating Partnerships since the company's initial public offering.

The company and the Operating Partnerships also announced that Mark Gibson would succeed Pelusi as CEO of the Company and Joe Thornton, Jr. would succeed Pelusi as Managing Member of the Operating Partnerships, also effective April 1, 2014. Thornton will become President of the Company on that date as well.

Gibson and Thornton are also founding members of the firm and have held the position of executive managing director of HFF LP since 2003. Both also serve on the executive committee of HFF LP and as Vice Chairman of the Board of the company, the company stated.