More than three years after the merger of Federation Centres and Novion Property Group to form Vicinity, the group has restructured its executive committee effective immediately.
Simone Carroll would move from executive general manager, digital, marketing, people and culture to become the group executive, people and transformation.
Stuart Macrae would continue to lead the leasing function as director, leasing, and David Marcun, formerly executive general manager, business development, would take on the new role of director, financial operations.
Justin Mills would take on the newly-created role of chief strategy officer, and would continue to oversee shopping centres until a chief operating officer is appointed.
Michael O’Brien would progress from chief investment officer to chief financial officer, replacing Richard Jamieson, who announced his departure from the company.
Carolyn Reynolds would continue as general counsel, and Carolyn Viney would continue as group executive, development.
Vicinity chief executive and managing director, Grant Kelley, said the leadership changes were the next significant step in the group’s transformation.
“The executive structure announced today is designed to leverage our strengths and position Vicinity for the future by strategically consolidating the finance and investments function, strengthening intensive asset management, elevating strategy, innovation and digital and further embedding a high-performance culture,” said Kelley.