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September 28, 2000

* Los Angeles-based CB Richard Ellis Services Inc., the largest U.S. commercial property broker, named James Leonetti as chief financial officer. The CFO position has been vacant since John Haeckel resigned in February, and the company's shares have fallen 22% in the past 12 months. Leonetti was previously CFO at finance firm Long Beach Mortgage Co., CB Richard said in a press release. Leonetti will be partly responsible for the "company goals" of boosting the share price and lowering debt and expense levels.

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