President of Prudential franchiser to retire

Editor's note: The headline in this story has been changed to reflect that Laurie Keenan's departure from the company marks her retirement from the real estate industry.

Laurie Keenan, president of Prudential Real Estate Affiliates Inc., a franchise network with about 2,100 offices and 64,000 sales associates as of June 30, has announced that she will leave the company around the close of first-quarter 2009. Company officials said Keenan is retiring from the real estate industry.

Keenan, who has served as president since January 2007, joined Prudential Real Estate in 1992 and earlier served as executive vice president, chief operating officer and vice president of network education and business development for the company.

Her career in the real estate industry spans more than 30 years, and she has served in a range of roles during that time, from sales agent to management.

She said in a statement, "I have devoted most of my energy over the last 16 years to a company of which I am most proud to have served. At the same time I have spent most of my life 'on the road' and have missed much of what was going on at home with my family and my beautiful grandchildren.

"While I will miss my many friends and colleagues at Prudential, I am eagerly looking forward to spending some time at home and attending all the soccer games and ballet recitals I have missed for years."

According to a company announcement, Keenan is working with an executive leadership team to finalize a transition plan.

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