Stockland appoints new heads of its residential and retirement living businesses

Stockland chief executive Mark Steinert has continued his management shake-up with the appointment of two new executives to the Stockland executive committee, including the key role of residential chief executive.

Andrew Whitson will take up the role of group executive and chief executive of Stockland's residential business on July 1 following the departure of Stockland’s former head of residential, Mark Hunter in May.

Whitson will take over from Kingsley Andrew, who has been joint interim CEO over the last month.

Whitson has 20 years of experience in residential property development and investment in Australia and overseas. He has led Stockland’s Victorian residential business since 2009 and his role was expanded in 2012 to include New South Wales.

“Andrew brings a wealth of knowledge and experience to this role and a strong track record of achievement during his time as a senior manager at Stockland,” Steinert said. “I welcome him to our executive team and am confident he will be an effective leader for our residential business as we focus on improving returns.”

Stockland has also appointed Stephen Bull, currently general manager development and design (commercial property) as its new group executive and chief executive of retirement living following the resignation of David Pitman.

“On behalf of the board and executive committee I would like to thank David for his outstanding contribution over more than six years on the Stockland executive team,” said Steinert.

Bull joined Stockland in 2007 and since 2009 has led its development and design team, overseeing the retail development pipeline.

Prior to joining Stockland, Bull was at Westfield for eight years where he held various strategy, financial planning and operational asset management roles. Before joining the property sector, Stephen worked in financial services.