The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
print
Print
RetailMon 26 Mar 18

Property Giants Leave Stage in 2018

5addde8d-5ebe-4147-8345-e2bebfd68f7e

Global wealth manager AMP will begin scouring the globe for a new chief executive as Craig Meller confirmed his intention to retire at the end of 2018.

The search will be led by AMP chairman Catherine Brenner.

“Craig has led the transformation of AMP over the past five years. The business has a clear and compelling strategy for growth and is performing well,” she said.

“Craig will continue to drive the company and deliver on our strategy through 2018 and has indicated his flexibility to work with the Board to ensure a smooth and orderly leadership transition.”

AMP CEO, Craig Meller welcomes new Chairman, Catherine Brenner


Meller was appointed chief executive in January 2014. He was a director of AMP Life Limited since October 2007 and a director of The National Mutual Life Association of Australasia Limited since March 2011.

During the 2017 financial year, AMP recorded an underlying profit of $1,040 million and net profit of $848 million.

Meller said he was stepping down to spend more time with his family.

“It has been a privilege to lead a company with the history and heritage of AMP. As we move into the next phase of growth, it is the right time to begin the process of moving to new leadership,” he said.

“I remain very focused on executing our strategy and driving the performance of the business until my successor has been appointed and will support the Board to ensure a smooth handover.”

Related reading: AMP Appoints Construction Partner for Quay Quarter Project

Louise Mason to Replace John Schroder at Stockland

Stockland’s John Schroder has stepped down from his role as head of commercial property.

Current chief operating officer at AMP Capital Real Estate Louise Mason has been announced as Schroder’s replacement,

Louise Mason1


Schroder will continue in his current role until 2 July 2018, at which point he will move into a consultancy role with Stockland to enable the company “to leverage his expertise and experience”.

Related reading: Stockland Launches $500m Tech Precinct at Macquarie Park

“I feel incredibly privileged to have led the Commercial Property team at Stockland over the past 12 years,” Schroder said.

“I’m particularly proud of the town centres we’ve created for communities across the country, the $1 billion current and future development pipeline we have in train across our Logistics, Business Parks and Retail assets, and the quality of the team we’ve created, which will continue to lead the business forward.”

Schroder joined Stockland in October 2006, during which time the value of Stockland’s retail town centres have grown from $3.5 billion to over $8 billion, and total Commercial Property assets now exceed $11.7 billion.

RetailOfficeAustraliaProject
ADVERTISEMENT
TOP STORIES
Parallel Workshops Stockdale Housing PBSA project
Exclusive

Suburban Success Story Turns PBSA Thinking on its Head

Leon Della Bosca
7 Min
Exclusive

Interstate Developers Find Lots to Love in ‘Progressive, Affordable’ SA

Taryn Paris
5 Min
Bates Smart Richmond Sportslink HERO
Exclusive

BtR Focus Drives Bates Smart’s Richmond Sportslink Concept

Leon Della Bosca
6 Min
Exclusive

Carparking Correlation: How Parking Fees Provide Office Sector Health Check

Taryn Paris
6 Min
Molti chief Ben Teague out front of 32 Mercer Road Aramadale (rendering)
Exclusive

Buy to the Sound of Cannons: Molti’s Counter-Cyclical Move to Melbourne

Leon Della Bosca
5 Min
View All >
Third.i Crows Nest Dolls House render EDM
Build-to-Rent

Thirdi Scraps Office Tower for Crows Nest Over-Station Site

Vanessa Croll
Parallel Workshops Stockdale Housing PBSA project
Exclusive

Suburban Success Story Turns PBSA Thinking on its Head

Leon Della Bosca
Kangaroo Point Aria Canopy House Revised DA Approval hero
Development

Aria’s Revised Tower Greenlit for Inner-City Kangaroo Point

Phil Bartsch
The latest approved scaled-back plans are for a 31-storey tower comprising 172 apartments…
LATEST
Third.i Crows Nest Dolls House render EDM
Build-to-Rent

Thirdi Scraps Office Tower for Crows Nest Over-Station Site

Vanessa Croll
4 Min
Parallel Workshops Stockdale Housing PBSA project
Exclusive

Suburban Success Story Turns PBSA Thinking on its Head

Leon Della Bosca
7 Min
Kangaroo Point Aria Canopy House Revised DA Approval hero
Development

Aria’s Revised Tower Greenlit for Inner-City Kangaroo Point

Phil Bartsch
3 Min
Hotel

Perth Hotel New Role Revealed After $105m Sale

Lindsay Saunders
2 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/property-giants-leave-stage-in-2018