Toronto, ON, MARCH 31, 2022 – Colliers, a leading diversified professional services and investment management company, announced today that Franklin Holtforster, founder and President of Colliers Project Leaders Canada and Middle East, has decided to retire. Olivia MacAngus, currently Chief Development Officer, will succeed Holtforster as President, effective June 1, 2022. Holtforster will support the transition process with MacAngus and the executive team.
“Olivia is a collaborative, strategic leader and I am thrilled to congratulate her on this well-deserved appointment. She exemplifies our values and brings a growth mindset and enterprising vision to Colliers,” said Brian Rosen, President & CEO of Colliers Canada. “On behalf of our clients and team, I would like to thank Franklin for his intentional leadership and exemplary contribution to Colliers and wish him all the best in his next chapter.”
Prior to joining Colliers Project Leaders in 2019, MacAngus was Managing Director of Capital Projects and Infrastructure at PricewaterhouseCoopers, and Vice President at Plenary Group. For over 15 years, Olivia has advanced Canada’s infrastructure renewal agenda, during a time of historic investments in economic and social infrastructure. She is the founding Chair of the Future of Infrastructure Group and is a recent recipient of The Globe and Mail’s 2022 Best Executive Award.
“I am proud to be appointed to this role and I would like to thank Franklin for his confidence in me,” said MacAngus. “I am honoured to have the support of our leadership team and be entrusted with this legacy. In this new role, I will build on our strong foundation and culture, collaborate with our incredibly talented team, and continue to support our clients and communities with leading solutions as they evolve the built environment.”
Holtforster founded the firm as MHPM in 1989 with the idea to dedicate a team of project managers to advocate on behalf of public and private sector clients. His passion to provide owner-side representation became an industry game-changer, delivering certainty for clients on more than 15,000 projects. With 30 offices across Canada and 6 offices in the Middle East, Colliers Project Leaders is now a leading specialized project management and real property solutions advisor.
“It has been an honour to add value for clients and make meaningful impact in communities for more than three decades,” said Holtforster. “My greatest achievement is the team we have built, and I want to thank them for their loyalty, resilience, and commitment to success. As the organization is ready for the next stage of growth, we are fortunate to have a bold and accomplished leader step into the role. I have worked with Olivia closely for the last two years, and I have the utmost confidence in her to build upon our existing success with her vision for the future.”
For more information, contact:
Pamela L. Smith
National Director, Corporate Communications
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