News: Brokerage

Wheeler named chief executive officer of Berkadia

Berkadia, an industry leading commercial real estate company, has appointed Justin Wheeler as chief executive officer. Wheeler served as the company's interim chief executive officer since April 2014, when Hugh Frater stepped down from the position and assumed the responsibility of chairman. While serving in the interim role, Wheeler continued his duties as chief operating officer of Leucadia National Corp. (Leucadia), which entered a 50/50 joint venture with Berkshire Hathaway in December 2009 to form Berkadia. He was appointed vice president of Leucadia in 2006 and was responsible for M&A activities, operating portfolio performance and cash management, as well as various administrative functions. Wheeler will relinquish his position with Leucadia to focus on his new role. "I am truly excited to link arms with the team at Berkadia," said Wheeler. "Over the previous 10 months, Berkadia has significantly strengthened its market position, brand and overall momentum and I look forward to working with our exceptional clients, employees and shareholders to further accelerate growth and leverage our unique platform." Prior to joining Leucadia, Wheeler served as president and chief executive officer of American Investment Bank, N.A., a wholly owned subsidiary of Leucadia. He has also served on a variety of internal and public company boards, including AmeriCredit, Barbados Light & Power Holdings and International FCStone, where he was chairman of the Compensation Committee and a member of the Audit and Corporate Governance Committees. Wheeler holds a master of Business Administration in Finance from Brigham Young University and a Bachelor of Arts in Finance and French from Utah State University.
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