PriceSensitive

James Mackay appointed CEO and Executive Director of Devine (ASX:DVN)

ASX News
ASX:DVN
20 March 2020 02:00 (AEST)

James Mackay has been appointed CEO and Executive Director of residential property group Devine (DVN), effective from March 31, 2020.

James has more than 27 years’ experience across the financial and accounting spectrum.

This includes senior positions in controlling, accounting, treasury, and risk with CIMIC Group and its subsidiaries.

Currently, he is the Chief Financial Officer (CFO) and Company Secretary of Devine.

Speaking on James’ transition, Devine Chairman David Robinson had nothing but praise.

“With more than 18 years’ experience in the construction and development sectors, including four years with Devine, James has the right expertise to lead the company during our next phase,” David said.

“This is a natural transition, and I am confident in James’ ability to guide the business in coming years,” he added.

James will be succeeding John Campbell who is the current CEO and will be leaving Devine in the coming months.

John was previously a Project Director at CIMIC Group’s Leighton Properties which is responsible for delivering the company’s residential and mixed projects in Queensland.

He also has experience in property development and construction including development of resort and residential projects in Queensland, Victoria and New South Wales.

“I would like to express my thanks to John for his contribution to Devine during his tenure. Under his leadership, Devine succeeded in continuing its transformation process,” David said.

Until James’ transition into CEO and Executive Director on March 31, he will retain his role as CFO and Company Secretary following a handover period.

Devine’s share price is steady today and shares have been trading for 11 cents since March 4.

Related News