KingSett Names Rob Kumer CEO, Jon Love Shifts To New Role

On Monday morning, Toronto-based KingSett Capital announced that President and Chief Investment Officer Rob Kumer will take over the role of Chief Executive Officer from Jon Love come January 1, 2024.

Jon Love, who founded KingSett Capital in 2002 and is the majority owner of the company, will maintain oversight and responsibility for KingSett as Executive Chair, while Kumer will be responsible for executive management and working with Love to establish the company's strategy and bring results for the firm's funds.

Kumer joined KingSett Capital in 2004 as an analyst, before then being named Chair of the Investment Committee in 2018, Chair of the Management Committee in 2020, and Chief Investment Officer and President in 2021. KingSett Capital says Kumer will continue to serve as the Chair of both the Investment Committee and Management Committee.

"I am grateful for the opportunity to serve as KingSett's CEO and help lead the firm into the next phase of its growth and investor performance," said Kumer. "I will be focused on maintaining KingSett's strong culture and values, which have been fundamental to our success. I want to thank Jon for the trust he has shown in me, and I want to thank our investors and board members, and our valued partners for the confidence they continue to show in KingSett."

"This transition formalizes the expanded leadership role Rob has played so well over the last several years and marks the culmination of a well-planned, multi-year leadership succession at the firm," said Love. On LinkedIn, Love called it his "graduation day" and said he was "delighted" to elevate Kumer.

"I have worked with Rob for some 20 years and know he has the skills and values to lead KingSett’s next generation," he said.

Kumer thanked Love again in a response and added that he looks forward to continuing to work with Love.

The role of Chief Investment Officer will be taken over by Colin Baryliuk, who joined KingSett Capital in 2008 and is currently the Group Head of Property Investments.

Additionally, Scott Coates, who joined KingSett Capital in 2006 and is currently the Group Head of Mortgage Investments, is being elevated to President, KingSett Mortgage Corp.

Both changes will also be effective as of January 1, 2024.

From Your Site Articles

Appointment Notices

KingSett Capital Names Rob Kumer CEO As Jon Love Shifts To New Role

Rob Kumer is currently Chief Investment Officer for KingSett Capital and will take over as Chief Executive Officer in January.

Trending

You may also like

​​Zillow Gone Wild​ is inspired by the famous Instagram account.

The planned Garibaldi At Squamish ski resort project was placed under receivershp in December 2023 and was set to be sold in March before the Province stepped in.

Last week, Burnaby City Council voiced support for a petition submitted by Save Brentwood Park that seeks an exemption from the Province's transit-oriented development legislation.

Centrally located, thoughtfully designed, and timelessly elegant. 77 Baby Point Crescent has it all — and then some.

As part of a bill introduced today, the Ontario government announced that menstrual products would be required to be provided on the construction sites of 20 or more workers and where construction is anticipated to last at least three months.

The Ontario courts have granted a receivership order over a real estate holding company known as Ajax Meadows, which is linked to a 27-unit townhome development off of Rossland Road.

From in-person employee event days, to children of employees playing Mario Kart, HR software company Humi is resetting the bar for office use in a remote work world.

Thanks to TV shoots, construction, a parade, and the Toronto Marathon, the city will see many road closures this weekend.​

​The foreclosure proceedings were initiated against Marvel Group last year and the property was recently listed for sale by CBRE.

There could be another new addition to Toronto’s perpetually evolving Parkdale neighbourhood.

Buyers have no shortage of options in Toronto’s real estate market this spring. According to the latest figures from TRREB, April showers brought a slump in home sales compared to April 2023, but a significant surge in new listings.

​An urban community will take shape in the coming decades at the Downsview Airport Lands and, in the meantime, Northcrest Developments is calling on artists to help bring the site to life through cultural events and installations come 2025 – including 600 metres of tarmac.

Oxford Properties listed the two downtown Vancouver office buildings at 401 West Georgia and 402 Dunsmuir for sale last June.

The amount of sales recorded in April in the Fraser Valley was the third-lowest April total of the past 10 years, says the FVREB.

According to data from Colliers and Altus Group, there have been just 20 transactions as of the first quarter of 2024, putting annualized sales in the territory of 2009.

2024 © STOREYS Publishing Inc. | All Rights Reserved

Zillow Gone Wild is inspired by the famous Instagram account.

Thanks to TV shoots, construction, a parade, and the Toronto Marathon, the city will see many road closures this weekend.

The foreclosure proceedings were initiated against Marvel Group last year and the property was recently listed for sale by CBRE.

An urban community will take shape in the coming decades at the Downsview Airport Lands and, in the meantime, Northcrest Developments is calling on artists to help bring the site to life through cultural events and installations come 2025 – including 600 metres of tarmac.