Australand’s new chief executive Rod Fehring has established a new senior management team designed to take the business into its next phase of growth.
Mr Fehring stepped into the role on 29 July following the resignation of Bob Johnston, who headed to GPT to become its chief executive.
- See our story Bob Johnston jumps ship to GPT
Anthony Boyd takes over Mr Fehring’s previous post as executive general manager – residential, while Reini Otter has been appointed executive general manager – commercial & industrial, taking over from Sean McMahon.
Mr McMahon will take up the newly created chief investment officer role, which an Australand release said would sharpen the company’s focus on its business model during a new phase of reinvestment, and to capitalise on opportunities to develop new business platforms.
Mr Fehring said the new team was a reflection of Australand’s culture of developing staff. Mr Boyd was promoted from general manager residential for Victoria, while Mr Otter was general manager – northern region for the commercial and industrial division.
“We have created a platform for talented management to step up and demonstrate their capacity to shape the business going forward, and these appointments reflect the success of this strategy,” Mr Fehring said.
“Our new executive general managers and our chief investment officer all come from within the organisation – a clear reflection of the talent we have in our ranks.
“This is an exciting time for our company and with this management team in place, we are ideally positioned for growth.”