Opus Elevates Financial Leadership to Enhance Strategic Growth Initiatives in 2026

Opus Transforms Financial Leadership for Strategic Advancement

In a significant move, Opus has announced the promotion of Pete Conlon to Chief Financial Officer and Head of Capital Markets, alongside Su O'Sullivan being elevated to Executive Vice President of Accounting, effective May 4, 2026. This strategic leadership change aligns with Opus' ambitious growth roadmap, aimed at refining its financial framework and enhancing its capital market operations.

Reevaluating the CFO Role

This restructuring marks an evolution in Opus’ financial leadership, redefining the scope of the CFO role to place stronger focus on crucial areas such as capital formation, investment strategies, and maintaining relationships with investors. These changes are pivotal for the company as it seeks to bolster its long-term growth trajectory.

"I am confident in Pete's ability to lead Opus forward in his expanded role. His extensive experience in capital markets and deep understanding of our operations make him uniquely qualified to guide our financial strategies," said Matt Rauenhorst, President of Opus. Conlon, who previously served as Executive Vice President of Capital Markets, brings over two decades of industry expertise to his new position, having managed substantial joint-venture partnerships worth more than $3 billion since joining the company in 2015.

Conlon is eager to tackle this new challenge, emphasizing the transformative potential of a reevaluated approach to capital management within Opus. He expressed, "I'm thrilled about the opportunity and am excited to leverage my experience to help us realize our growth ambitions."

Addressing New Challenges with Expertise

Su O'Sullivan, in her new role as Executive Vice President of Accounting, is set to leverage her extensive experience to bolster the company's financial operations. Having dedicated 27 years of her career honing her skills in Opus, O'Sullivan has demonstrated exceptional leadership within their accounting team. Rauenhorst noted her invaluable qualities of clarity, integrity, and her collaborative spirit as essential for the expansion of Opus’ financial framework.

O'Sullivan expressed gratitude for her promotion, stating, "I'm excited to broaden my impact and contribute to our team’s success in this new chapter. I look forward to collaborating with Pete and merging our strengths to propel the company forward."

A Strategic Vision for the Future

As part of this transition, Opus is also introducing a new senior leadership role focused on ensuring continuity within its capital markets function. This new structure not only aims to streamline financial processes but also enhance communication across the enterprise—integrating the finance and accounting sectors more closely than ever before.

With Conlon reporting directly to Rauenhorst and O'Sullivan to Conlon, the collaboration at the executive level will be vital in navigating Opus’ next phase of growth. Both leaders will find themselves at the center of Opus’ journey toward reinforcing its market position through effective capital management and vigorous financial governance.

About Opus

Opus is a leading firm in commercial real estate development, design, and construction based in Minneapolis, operating across the nation. They maintain a vertically integrated team that emphasizes collaboration and expertise in various domains including finance, project management, commercial construction, and architectural design. By focusing on industrial, multifamily, and institutional projects, Opus blends client-centric methodologies with a strong community commitment.

For further details regarding Opus and its initiatives, visit their official website or follow them on social media platforms.