Almost 12 months to the day from the resignation of Greg Mundy as CEO of ACSA, his replacement, Patrick McClure, has also resigned and left the organisation, citing the need to recover his health after a recent heart attack. He was recruited by ACSA in April this year. Newly elected ACSA President, Rob Hankins (CEO of ECH in Adelaide), is steering the organisation while a replacement is identified. A major challenge will be the planned proposal to merge ACSA with ACAA which needs to be finalised for a member vote in April.
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...
