Business
Lombardo gets top job at Lendlease as McCann retires – Sydney Morning Herald
Lendlease boss Steve McCann will retire after 12 years in the top job at the listed property developer.
Macquarie Bank analysts said a key focus for the new chief executive would be simplifying the business. As part of this, the group would look to recycle about $1 billion of capital from the sale of telecommunications, solar farms, services, and retirement.
We believe continued simplification to allow focus on the groups core offering would be beneficial, analysts Stuart McLean and Caleb Wheatley said.
During Mr McCanns tenure, Lendleases global development pipeline has grown to more than $110 billion…
-
Noosa News5 hours agoWoman dead and man rushed to hospital with gunshot wound following crash near Aussie World on Queensland’s Sunshine Coast
-
Noosa News11 hours agoFarmer Fred Perry’s 30-year conservation project creates bird haven after years of ‘bashing and burning’
-
General10 hours agoBoy dies after being trapped between rocks off NSW beach
-
Noosa News11 hours agoDetectives continue to search for answers on Crystal Beale’s death