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Stockland (ASX:SGP) has appointed two new executives to the executive committee.
Andrew Whitson will take up the role of group executive and CEO Residential and Stephen Bull will take up the role of CEO Retirement Living.
The appointments come after what Stockland describes as a comprehensive internal and external selection process.
Stockland managing director and CEO Mark Steinert says the company is focused on improving returns in its residential business and is well positioned for growth within its retirement living business.
Stockland posted a net loss of $147.1 million for the first half of the current financial year.
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