CVC Limited announced the appointment of Mark Avery as Chief Executive Officer of the company, effective 1 August 2019. Since commencing at the company in 2010, Mark has been responsible for the group's real estate investment activities and was appointed as a director of the company on 1 July 2019. As announced to the market on 13 June 2019, outgoing CEO Alexander (Sandy) Beard will assist with Mark's transition to the position of Chief Executive Officer over the first quarter of the 2020 financial year.