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Altus Group Appoints Rich Sarkis as Chief Commercial Officer

MWN-AI** Summary

Altus Group Limited, a prominent player in the commercial real estate (CRE) intelligence sector, has announced the appointment of Rich Sarkis as Chief Commercial Officer, effective immediately. This leadership change is designed to enhance the Company's global commercial strategy, with Rich at the forefront overseeing all Analytics businesses, sales, customer success, and go-to-market efforts to align with Altus' strategic goals and address evolving customer requirements.

Rich brings a wealth of experience to his new role, having joined Altus through the acquisition of Reonomy, a company he founded that helped integrate advanced analytics capabilities into Altus’ offerings. In 2025, he advanced to President, Software and Data, where he played a pivotal role in the launch of ARGUS Intelligence, showcasing his expertise within the CRE technology landscape. His recognition on the Power Proptech list for four consecutive years highlights his significant influence and leadership in the industry.

Mike Gordon, Altus' incoming CEO and Executive Chair, expressed confidence in Rich's ability to strengthen the connection between the Company's strategy and market commitments. Rich’s understanding of client needs, along with his background in technology and market dynamics, positions him to refine Altus’ offerings, fostering better integration of software, data, and advisory services.

Rich stated his gratitude for the expanded role, emphasizing a commitment to enhancing customer performance by simplifying solution adoption and delivering faster value. Altus Group, with approximately 1,800 experts, aims to provide the intelligence necessary for optimal CRE performance, helping to shape the future of urban development and community building.

For more information about Altus, visit their website at altusgroup.com.

MWN-AI** Analysis

Altus Group's recent appointment of Rich Sarkis as Chief Commercial Officer (CCO) signals a strategic pivot that investors should watch closely. As a leading provider of commercial real estate (CRE) intelligence, Altus is positioned to enhance its offerings and market reach through Sarkis’s deep industry expertise and established relationships.

Sarkis’s role will involve overseeing the company’s global commercial strategy and ensuring alignment between various segments, including analytics, sales, and customer success. His prior experience, particularly as a founder of Reonomy and his recent leadership role in software and data, places him in an excellent position to guide Altus’s commercial capabilities. Notably, his inclusion in the Power Proptech list for four consecutive years highlights his influence within the CRE technology ecosystem, suggesting that he will be instrumental in driving innovation and customer satisfaction.

For investors, this leadership change may indicate a bullish trend for Altus Group. With a renewed focus on enhancing customer experience and delivering value, the company is likely to pursue growth opportunities that could yield strong returns. The integration of various data solutions may enhance operational efficiencies, allowing Altus to leverage its analytics capabilities in a competitive market.

Moreover, as the CRE industry navigates significant changes, the ability to adapt and innovate will be crucial. The appointment of a CCO who emphasizes customer-centric solutions could bolster Altus's position as a provider of choice for CRE intelligence, ultimately influencing its market performance.

In summary, shareholders and potential investors should observe how Sarkis's strategies evolve over time. Reinforced by a strong foundation in technology and analytics, Altus Group under his leadership appears well-positioned to capitalize on market demands, presenting a potentially attractive investment opportunity moving forward.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

TORONTO, Jan. 06, 2026 (GLOBE NEWSWIRE) -- Altus Group Limited (“Altus” or “the Company”) (TSX: AIF) a leading provider of commercial real estate (“CRE”) intelligence, today announced the promotion of Rich Sarkis to Chief Commercial Officer, effective immediately. In this role, Rich will lead the Company’s global commercial strategy, overseeing all of the Analytics businesses, sales, customer success, and go-to-market execution to support Altus’ strategic priorities and evolving customer needs.

Rich joined Altus through the acquisition of Reonomy, the company he founded, which provided Altus with the technology to connect disparate data for advanced analytics applications. In 2025 he assumed the role of President, Software and Data, where he played a critical role in bringing ARGUS Intelligence to market.

With deep industry expertise, strong stakeholder relationships, and already playing a key role in Altus’ operations, Rich is well positioned to keep advancing Altus’ commercial capabilities globally. He has been named to the Power Proptech list for four consecutive years, reflecting his leadership and impact within the CRE technology ecosystem.

“Rich’s deep understanding of our clients, technology, and our markets makes him exceptionally well suited to lead this mandate and strengthen the connection between our strategy, our teams and the promises we make to the market,” said Mike Gordon, incoming CEO and Executive Chair of Altus. “Importantly, it will help bring more alignment between our software, data, and valuation advisory solutions to better serve our clients.”

“I’m grateful for the opportunity to step into this expanded role and to continue working with our teams to create value for our customers,” added Rich. “Our focus is simple: helping customers perform better by making our solutions easier to adopt and delivering value faster.”

About Altus Group

Altus connects data, analytics, applications, and expertise to deliver the intelligence necessary to drive optimal CRE performance. The industry’s top leaders rely on our market-leading solutions and expertise to power performance and mitigate risk. Our global team of ~1,800 experts are making a lasting impact on an industry undergoing unprecedented change – helping shape the cities where we live, work, and build thriving communities. For more information about Altus (TSX: AIF) please visit altusgroup.com.

FOR FURTHER INFORMATION PLEASE CONTACT:
Jaime Bassett
Vice President, Communications, Altus Group
(416) 641-9788
Jaime.Bassett@altusgroup.com


FAQ**

How will the promotion of Rich Sarkis to Chief Commercial Officer at Altus Group Limited AIF:CC impact the company's global commercial strategy and customer engagement moving forward?

Rich Sarkis’s promotion to Chief Commercial Officer at Altus Group Limited AIF:CC is likely to enhance the company's global commercial strategy and customer engagement by leveraging his expertise to drive innovation and strengthen client relationships in an evolving market.

In what ways does Altus Group Limited AIF:CC plan to enhance its technology and analytics capabilities under Rich Sarkis's leadership to meet evolving client needs?

Under Rich Sarkis's leadership, Altus Group Limited AIF:CC plans to enhance its technology and analytics capabilities by investing in advanced data solutions, optimizing software offerings, and integrating AI technologies to better address evolving client needs in the real estate sector.

What specific initiatives or changes can we expect from Altus Group Limited AIF:CC as Rich Sarkis aims to create better alignment between software, data, and valuation advisory solutions?

We can expect Altus Group Limited, under Rich Sarkis, to implement integrated solutions that enhance software functionality, improve data analytics, and streamline valuation advisory processes to foster better alignment and deliver comprehensive insights to clients.

Considering Rich Sarkis's accomplishments, how does Altus Group Limited AIF:CC foresee leveraging his expertise to navigate the challenges and opportunities in the commercial real estate technology landscape?

Altus Group Limited AIF:CC plans to leverage Rich Sarkis's expertise by utilizing his extensive experience in real estate technology to strategically address industry challenges and capitalize on emerging opportunities, fostering innovation and growth.

**MWN-AI FAQ is based on asking OpenAI questions about Altus Group Limited (TSXC: AIF:CC).

Altus Group Limited

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