Tony Lombardo, CEO of Lendlease Asia, will take on the role of group CEO following the retirement of current group CEO and managing director Steve McCann on 31 May.
“Steve has played an instrumental role in spearheading Lendlease’s transformation, focusing on our integrated business model in targeted global gateway cities,” said chairman Michael Ullmer.
“Under Steve’s leadership, the group’s global development pipeline has grown to more than $110 billion including 22 major urbanisation projects across 10 of the world’s most iconic cities. Lendlease is now recognised as a global leader in transforming major precincts into places people truly want to be.”
Mr Lombardo joined Lendlease in 2007 as group head of strategy and M&A before being appointed group CFO in 2011, where he played a “key role” in enhancing the flexibility of the group’s capital structure while broadening its funding and banking relationships. He was appointed Asia CEO in 2016.
“I’m honoured to be selected by the Board to succeed Steve as Lendlease Group CEO and managing director. I’ve had the privilege of working closely with Steve during my career at Lendlease and he leaves the group in a strong position with great future momentum,” Mr Lombardo said.
“I look forward to working with the board, management and our 11,000-strong team globally to deliver positive outcomes for all of our stakeholders.”
