Oh look, what a surprise, another of the original Federation team has gone (Jonathon Timms). Can't be many left now boys. At least Michael O'Brien was not hand-picked Novion but came via GPT to provide some new blood.
Today: "Vicinity Centres (Vicinity, ASX:VCX) today announced a number of changes to its Development team.
Mr Jonathan Timms, Executive General Manager (EGM) Development, has by mutual agreement stepped down from his role due to personal reasons effective from 29 April 2016. Mr Michael O'Brien, Vicinity's Chief Investment Officer, has been appointed Acting EGM Development, in addition to his current role, while a search is completed for a new EGM Development.
Mr Angus McNaughton, CEO and Managing Director, said: "I would like to thank Jonathan for his contribution to Vicinity Centres over the past four years." To view the full announcement, please click here"
Context:
Novion web statement August 18 On 11 June 2015, the Merger of Novion Property Group (Novion) and Federation Centres (Federation) was implemented after which Novion became an entity within Federation. The Executive Committee of the Merged Group is comprised of senior management of the Novion and Federation groups prior to the Merger.
VCX Price at posting:
$3.25 Sentiment: Buy Disclosure: Held
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