Australia Real Estate

Stockland Appoints New CEO

November 26, 2020 – Stockland Chairman, Tom Pockett, announced that the Board has appointed Tarun Gupta as Stockland’s next Managing Director and Chief Executive Officer.

Mr Gupta will join Stockland on 1 June 2021, succeeding Mark Steinert who has been Managing Director and Chief Executive Officer since 2013. Mr Steinert will remain in his position until Mr Gupta’s commencement date.

Mr Pockett said: “The Stockland Board is delighted to welcome Tarun as our new Managing Director and Chief Executive Officer. Tarun has deep commercial experience and a proven track record in leading and managing large property operations. We know that he is highly regarded in the industry and has a strong reputation among property investors.

“Our rigorous internal and external executive search process gave us a field of very high quality candidates. Ultimately the Board made the decision based on Tarun’s breadth of experience across the property sector including in relation to communities development, retirement living, commercial property and investment management.

Tarun has held a wide range of senior roles during his 26 years at Lendlease including most recently as the Group Chief Financial Officer.

Read more here..

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