Adam Hines Will Become Co-CEO of Hines in 2027
Hines will transition to a new leadership team on January 1, 2027, as part of a firm-wide executive restructuring.
Updated on Oct. 2, 2026 in People
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Starting January 1, 2027, Adam Hines and Laura Hines-Pierce will serve as co-CEOs of the firm Hines. They will assume responsibility for the company's day-to-day operations and strategic trajectory.
Why it matters
The leadership change marks a significant shift in corporate governance for the firm, with founder Jeffrey Hines transitioning into the role of chairman. This restructuring aims to finalize the management succession plan for the real estate investment company.
The transition occurs after Laura Hines-Pierce served 5 years as co-CEO. Additionally, David Steinbach has been promoted to president and Alfonso Munk appointed as global chief investment officer.
The players
Adam Hines
He is an executive who joined the firm in 2017 following a career at Dexus.
Laura Hines-Pierce
She has served as co-CEO since 2022 and will continue to lead the firm alongside the new co-CEO.
Jeffrey Hines
He is the current leader who will transition into the role of chairman of the company.
David Steinbach
He is an internal executive who has been promoted to the position of president.
Alfonso Munk
He is an industry veteran who was appointed as the firm's global chief investment officer.
The details
The leadership team will guide the firm as Jeffrey Hines moves to lead as chairman, with various shifts occurring across the executive suite. Adam Hines, who joined the company in 2017 after a tenure at Dexus, will also join the board of Hines Global Income Trust.
Timeline
Adam Hines joined the firm Hines in 2017.
Laura Hines-Pierce became co-CEO in February 2022.
Adam Hines and Laura Hines-Pierce will begin their co-CEO roles on January 1, 2027.
Market Landscape
This leadership transition continues the management succession plan established by the 2022 appointment of Laura Hines-Pierce as co-CEO. By formalizing this duo-CEO structure, the firm aligns its corporate governance with industry trends toward multi-leader institutional management.
Clients and investors should anticipate shifts in operational focus as the new leadership team settles into their strategic responsibilities. These executive changes reflect the internal stability and future direction of the firm for all current stakeholders.
The takeaway
Management successions often signal a period of strategic refinement for large investment firms. Investors should monitor how the new co-CEO pairing influences the firm's investment priorities compared to previous operating cycles.
What happens next
Adam Hines and Laura Hines-Pierce will officially assume their combined roles as co-CEOs of the firm on January 1, 2027.
Further reading
For more on industry leadership changes, visit People.
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