AEVUM Limited's chief executive Simon Owen will be leaving the company this week.
Owen has been with the company for five years, with three years in the role of CEO.
Aevum Chairman Graham Lenzner said Owen has made an important contribution including overseeing the public listing in November 2004 when the company had three Sydney retirement villages, to now owning 21 villages across NSW and Western Australia.
Over this period the group’s assets have grown from $133 million to over $800 million.
Lenzner said a process is underway to identify suitable candidates.
In the interim period, Melanie Willis, currently a non-executive director of Aevum, will be acting CEO.
Australian Property Journal