MORE changes are in store for Dexus, with Elizabeth Alexander deciding to not stand for re-election at Dexus Funds Management Limited (DXFM)’s AGM next month.
This latest departure follows the announcement last week that Graham Pearson will be leaving his post as executive general manager, funds management after 12 years with the group.
Alexander has been an independent director of Dexus since January 2005, and will remain chair of Dexus Wholesale Property Limited (DWPL).
Richard Sheppard, chair of the DXFM Board said, “As a member of the board audit committee as well as chair of DWPL, Elizabeth has brought a wealth of knowledge and experience in accounting, finance and corporate governance to the board and demonstrated sound and consistent judgement from which the group has greatly benefited.”
The board now comprises one executive director and seven non-executive directors.
Australian Property Journal
