Finally, the industry was disappointed to hear last week that Kate Hamond has resigned her CEO position with the RVA. Kate's decision was due to increasing family carer responsibilities. In a relatively short period of time in the position Kate has considerably strengthened the RVA and championed the industry accreditation program, which is now enjoying significant growth. The Board respected the fact that she needs to put family first. She has agreed to stay on while a successor is recruited.
Mergers & Acquisitions
Brookfield sells retirement village operator Aveo for $3.85B
Brookfield Asset Management, a leading global alternative asset manager headquartered in New York with over US$1 trillion of assets under management, has agreed to sell its retirement living platform, Aveo, to The Living Company for A$3.85 billion...
