Todd Liebert Stepped Down as CPL CEO in August
The Rochester-based firm veteran transitioned to a senior advisor role after 32 years of service.
Updated on Sept. 24, 2026 in People
Todd Liebert transitioned from his role as chief executive officer at CPL to senior advisor on August 1, 2026. This change follows a 32-year career with the organization.
Why it matters
The leadership change is intended to support the firm's growth and strategic vision. CPL president Chris Colby has assumed day-to-day operations to ensure stability during the transition.
CPL employs more than 500 people across 25 offices in eight states. The firm has been in operation since its founding in 1975.
The players
Todd Liebert
He is the former chief executive officer of CPL who served the organization for 32 years.
Chris Colby
He is the president of CPL who has taken on responsibility for the firm's day-to-day operations.
CPL
Founded in 1975 and headquartered in Rochester, this firm maintains 25 offices across eight states.
The details
As part of the leadership shift, the board has launched a formal search to appoint a new chief executive officer. Liebert is expected to remain in his advisory capacity until he reaches his planned retirement at the end of 2026.
Timeline
CPL was founded in 1975.
Todd Liebert transitioned to senior advisor on August 1, 2026.
Liebert plans to retire at the end of 2026.
Market Landscape
This leadership transition marks a significant milestone in the history of the firm as it pivots toward a new strategic vision. The move positions the company to maintain its competitive presence across its eight-state footprint while searching for a permanent successor.
The transition is designed to ensure operational continuity for clients and employees during the search for a new chief executive. Customers should expect standard service levels as Chris Colby oversees the firm's day-to-day business.
The takeaway
Effective executive succession planning is vital for maintaining organizational stability during periods of leadership change. Firms that balance current operations with long-term strategic searches often achieve smoother transitions for their employees and clients.
What happens next
Todd Liebert is scheduled to conclude his tenure as senior advisor at the end of 2026.
Further reading
Find more local industry updates in the People section.
Source note: This article includes information reported by NYREJ.
