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VICINITY CENTRES TRUST — Board/Management Information 2022
Nov 14, 2022
65995_rns_2022-11-14_f2e1c92b-f5be-4bc2-936f-688859974e17.pdf
Board/Management Information
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ASX Announcement
15 November 2022
Acting Chief Executive Officer during global search process
Vicinity Centres (‘ Vicinity ’, the ‘Company’ , ASX:VCX) today announced that its Chief Operating Officer (‘COO’), Peter Huddle has been appointed Acting Chief Executive Officer (‘CEO’). Mr Huddle’s appointment will be effective from the conclusion of Vicinity’s 2022 Annual General Meeting tomorrow.
Vicinity is in the process of appointing executive search firm, Egon Zehnder to undertake a global search for the replacement of outgoing CEO, Mr Grant Kelley. As noted previously, the search will comprise both internal and external candidates from Australia and internationally.
Prior to joining Vicinity, Mr Huddle had a long and distinguished career at Westfield in a variety of leadership roles in Australia, Brazil and the US. Notably, Mr Huddle had management responsibility for some of the world’s preeminent retail and mixed development projects including Westfield World Trade Centre in New York and Century City in Los Angeles.
Following the acquisition of Westfield by Unibail Rodamco, which formed the largest global retail REIT in June 2018, Mr Huddle was appointed COO of the extensive operations and development business in the United States and was the only ex-Westfield executive on the management board.
Since joining Vicinity in March 2019, Mr Huddle has been instrumental in bringing the Company’s Property Management, Leasing, Operations, Development, and Marketing functions together and delivering a highly cohesive, integrated and customer-focused team.
Vicinity’s Chairman, Mr Trevor Gerber said, “Together with his company and industry knowledge, Peter has the skills and experience to continue delivering value for securityholders. This enables the Board to confidently broaden his exposure by appointing him Acting CEO and allows the bringing forward of Grant’s retirement.”
Authorisation
The Chairman of Vicinity Centres, Mr Trevor Gerber authorised this document to be lodged with the ASX.
Vicinity Centres
Chadstone National Office Chadstone Shopping Centre 1341 Dandenong Road PO Box 104 Chadstone VIC 3148
Vicinity Limited ABN 90 114 757 783 and Vicinity Centres RE Ltd ABN 88 149 781 322 As responsible entity for: Vicinity Centres Trust ARSN 104 931 928
T +61 3 9936 1222 F +61 3 9936 1333 vicinity.com.au
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For further information please contact:
Investors and analysts
Media
Jane Kenny Acting Chief Corporate Affairs Officer
Bec Nunn Head of Stakeholder Communications T +61 3 7001 4545 E [email protected]
T +61 3 7001 4291 E [email protected]
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About Vicinity Centres
Vicinity Centres (Vicinity or the Group) is one of Australia’s leading retail property groups with a fully integrated asset management platform, and $24 billion in retail assets under management across 60 shopping centres, making it the second largest listed manager of Australian retail property. The Group has a Direct Portfolio with interests in 59 shopping centres (including the DFO Brisbane business) and manages 29 assets on behalf of Strategic Partners, 28 of which are co-owned by the Group. Vicinity is listed on the Australian Securities Exchange (ASX) under the code ‘VCX’ and has 26,000 securityholders. Vicinity also has European medium term notes listed on the ASX under the code ‘VCD’. For more information visit vicinity.com.au or use your smartphone to scan this QR code.
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