SYDNEY, AUSTRALIA: Mirvac Group [ASX: MGR] announced the appointment of Campbell Hanan as Mirvac’s next Group CEO & Managing Director.

Mirvac is an Australian property group with operations across property investment, development, and retail services.

Campbell Hanan has been a member of the Executive Leadership Team since he joined Mirvac in 2016 and he currently serves as the Head of Mirvac’s Integrated Investment Portfolio.

Campbell Hanan will take up this appointment from early March 2023, succeeding Susan Lloyd-Hurwitz, who announced on 11 October 2022 her intention to retire from the Group on 30 June 2023.

In addition to his six years at Mirvac, Campbell has 29 years of experience in the property and funds management industry, 12 of which were with Investa Office, where he served in a number of senior positions, including as CEO.

Mirvac’s Chair, John Mulcahy said that Campbell was an outstanding choice as CEO.

“We are delighted to appoint Campbell as the next CEO of Mirvac. During Campbell’s time at Mirvac he has made a significant contribution to our company, and he has been instrumental in contributing to our urban strategy and transforming our investment portfolio into a modern, sustainable, technology-rich offering that continues to be an important differentiator for Mirvac.

“I would again like to thank Sue for her remarkable leadership over the past decade and I’m looking forward to seeing the next generation of leaders take this great company forward,” Dr Mulcahy said.

Mirvac’s Chair-elect, Rob Sindel added, “When considering this appointment, an important aspect for us was to ensure we can continue to build on our high-performing culture, and deliver on our urban strategy, whilst growing the business. The combination of Campbell’s deep property investment, operational and funds management knowledge, together with his understanding of the Mirvac business and his ability to preserve our leading culture, makes him the ideal successor.

The Board is confident that Campbell, alongside our highly respected Executive Leadership Team, is well placed to lead the Group through this next phase of growth.”

Mirvac’s CEO & Managing Director, Susan Lloyd-Hurwitz, added that for both John and her to hand over their roles to internal successors was a testament to the talent within the Group, and was a culmination of careful succession planning.

“For 50 years, this company has had an unrelenting commitment to quality, and we have not deviated from the high standard of excellence set by our founders. What also sets us apart is our high-performing culture, as well as our commitment to sustainability and innovation, and I’m confident that Rob, Campbell and the Executive Leadership Team will build on these commitments and drive Mirvac’s success into the future,” said Ms Lloyd-Hurwitz.

Mr Hanan added, “I am truly humbled and excited to be given the opportunity to lead Mirvac. Sue is handing over the business in a strong position with a clear strategy, a portfolio of leading assets and a high performing culture.

“We have an incredibly exciting future ahead of us. I am committed to working with the Board, the Executive Leadership Team and the outstanding team we have at Mirvac to deliver on our urban asset creation and curation strategy and continue our leading approach to sustainability, innovation, gender equity and our high-performing culture.”