DEVINE ANNOUNCES NEW CEO

Written on the 19 January 2016

DEVINE ANNOUNCES NEW CEO BRISBANE property developer Devine has ushered in a new CEO.

Andrew Cooper will head the company for an initial term of three years, taking over from acting CEO Craig Bellamy, who will return to his previous position of chief financial officer.

Cooper will lead the current strategic review of Devine's business, according to a market announcement earlier today.

Cooper was previously executive director and chief operating officer of CIMIC Group's Leighton Properties, responsible for overseeing the company's residential developments and its national residential strategy.

He has more than 33 years' experience in property development and construction.

Cooper will take a pay check of $471,625 per annum, inclusive of superannuation, and a living away from home allowance of $49,020 per annum in addition to accommodation and travel assistance.

The Devine board has been further shaken up today with David Robinson, a current director, being appointed as non-executive chairman. Peter Dransfield will cease to be non-executive independent chairman and remain as an independent director and appointed chairman of the audit committee, while George Sassine has been appointed as a director.

Judith Downes, Jeff Cummings and Mark Gray have resigned from the board.



Latest News

SPOTLESS REJECTS DOWNER'S 'HOSTILE' $1.2B BID AS IT PROMISES A STRATEGY RESET

CLEANING and catering services company Spotless has rejected a $1.26 billion takeover bid from mining services firm D...

EXCLUSIVE INTERVIEW: MEGAPORT CEO VINCENT ENGLISH ON GLOBAL EXPANSION AND HOW TO SCALE UP A BUSINESS

THE RAPID expansion of Megaport (ASX: MP1) continues with the Brisbane-based company announcing a major partnership d...

BRISBANE ENTREPRENEUR BREAKS BARRIERS IN ECO-BUSINESS

TRACEY Bailey believes that if every person understood the true social and environmental cost of every product the...

DOMINO'S PIZZA EMPLOYEES OFFERED A SLICE OF THE PIE

DOMINO'S Pizza (ASX: DMP) has launched an employee share acquisition plan which will give its 26,000 staff the...

Related News

FURNITURE DISRUPTOR SET TO SHARE HIS ONE OF A KIND BUSINESS MODEL

IT'S no secret that Australians love homemaking. Their ceaseless quest to create the perfect place to call hom...

WEEDING OUT THE ASX'S BURGEONING CANNABIS TREND: 8 COMPANIES TO WATCH

A NICHE is budding on the ASX in the form of medical cannabis, an industry which has been on the country's rad...

FRESH CLASS ACTION TO REVEAL ANOTHER SIDE OF SLATER AND GORDON DOWNFALL

ACA LAWYERS has issued a formal letter of demand to Andrew Grech (pictured), managing director of Slater and Gordo...

STARSHIPS WERE MEANT TO DELIVER DOMINO'S PIZZA

NICKI Minaj may have been off the mark when she declared 'starships were meant to fly'. However, she m...

EVENTS COMING UP

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter