Paul Walsh moves up in Lend Lease, making room for Michael Eggington to rejoin the sector

CEO of Lend Lease’s Retirement business – and Australia’s largest village operator - Paul Walsh, has been tapped on the shoulder to move up in the organisation to the role of Chief Financial Officer of Lend Lease Construction, incorporating Communities, Retail, Apartments...and Retirement. This division accounts for 23% of Lend Lease’s business. While reporting to Construction’s Dennis Hickey, he will still be directly responsible for the aged care part of the Lend Lease world, which is understood to be up for sale. Before his Retirement roles within Lend Lease Paul was CFO of Bovis Lend Lease, responsible for development projects across 31 countries.
His replacement is Michael Eggington (pictured) who commences as CEO of Retirement next month. Michael is a village sector veteran. As an engineer working for Delfin (now Delfin Lend Lease), he helped build Woodbridge Retirement Village for Port Adelaide Central Mission in the mid 1980’s. He later oversaw Delfin’s purchase of the Retirement By Design village group from A.V. Jennings. In 2007 he was recruited by Stockland to lead their retirement portfolio until its H.O was moved from Melbourne to Sydney. Michael is also a past Board member of the RVA.