Redcape completes executive team with John Russell appointed chief executive

The Redcape Property Fund has appointed John Russell, the former chief financial officer of Australian Leisure & Hospitality Group, as its new chief executive.

The announcement was made by Redcape chairman Trevor O'Hoy.

O’Hoy, the former boss of Fosters, said the appointment of Russell completed the formation of the executive leadership team and would help Redcape "achieve the board's strategic objectives for its portfolio of outstanding freehold and leasehold pub assets".

The formerly ASX-listed group has been under the stewardship of O’Hoy while an international search has been underway for a chief executive.

In his most recent executive role, Russell led Customers Limited, Australia's largest owner and operator of ATMs.

O'Hoy was appointed chairman of the privatised pub landlord group in May last year.

Larry Schlesinger

Larry Schlesinger

Larry Schlesinger was a property writer at Property Observer

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