Lendlease Chairman Michael Ullmer announced Steve McCann will retire as Group Chief Executive Officer and the Board's decision to appoint Tony Lombardo, currently Chief Executive Officer Asia Lendlease, as Mr. McCann's successor. Mr. McCann will retire from the Lendlease Board on May 31, 2021 following a 16-year career with the Group including more than 12 years as Group Chief Executive Officer and Managing Director. Mr. Lombardo will commence his new role when Mr. McCann retires from Lendlease. Tony Lombardo has more than 25 years' experience working across real estate development, investment management, finance, mergers and acquisitions (M&A) and strategy in Australia and internationally.