Lend Lease Appoints New American CEO


LEND LEASE ANNOUNCEMENT: Lend Lease appoints American CEO

Lend Lease today announced the appointment of Mr Robert McNamara as Chief Executive Officer Americas, for Lend Lease.

Chief Executive Officer and Managing Director, Steve McCann said this role confirms the Group’s commitment to growth and operational excellence in the Americas and reinforces Lend Lease’s integrated offering to this market.

“The Americas is a strategic region for the Group and Bob’s appointment is critical to repositioning the American business for growth as the market recovers.

“Building on our existing positions through Actus Lend Lease and Bovis Lend Lease, we see key growth opportunities within development, green building and Public Private Partnerships (PPPs) and believe Lend Lease is well placed to capitalise on these over time through our integrated offering,” Mr McCann said.

Mr McNamara has over 30 years experience managing businesses in the development, design and delivery of commercial and infrastructure projects. He is joining Lend Lease from Penhall/LVI International where he is Chairman and Chief Executive Officer. Prior to his time at Penhall/LVI, Mr McNamara was the Senior Group President of Fluor Corporation where he was responsible for Fluor’s global businesses in mining, manufacturing, PPP infrastructure and chemicals, as well as the company’s Global Project Execution Systems, strategic planning and China Initiative.

Mr McNamara will start with Lend Lease on 19 April 2010. His role, which is part of the Executive Management Team, will report directly to Steve McCann and will be responsible for all American operations, including Development, Project Management and Construction, PPP and Investment Management. Mr Gary Buechler will continue to lead the American development, PPP and investment management businesses and Mr Mike Bellaman will continue to lead Bovis Lend Lease Americas, with both reporting to Mr McNamara.

“I am excited about joining a reputable company with such positive momentum and look forward to working with the senior management team to position Lend Lease as a leading property player in the Americas,” Mr McNamara said.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.