Craig Mitchell quits DEXUS for Grocon

DEXUS Property Group today announced the resignation of its chief operating officer, Craig Mitchell, who is leaving to become the chief executive officer of Palm Beach.

Last month Craig Mitchell was suggested as a contender for the Charter Hall Group chief investment officer gig. 

Sources said Mitchell was keen to make his name away from his boss, the well-regarded Darren Steinberg. 

Carolyn Viney, one of the highest ranking women in the property industry, announced her decision to step down this June.

Mitchell was considered for GPT Group's chief executive officer role but missed out to Bob Johnston.

Mitchell is chief operating officer at DEXUS and an executive director of DEXUS Funds Management having more than 25 years of financial management and accounting experience, with more than two decades specialising in the property industry.

Prior to DEXUS, Mitchell held positions with Stockland Group and Westfield.

Darren Steinberg, DEXUS CEO thanked Craig for his significant contribution to the Group over more than eight years.

"He leaves DEXUS in a strong position and we wish him all the best in his new leadership role.” Craig joined the Group as Chief Financial Officer (CFO) in September 2007 and as a member of the Executive General Management team has overseen various functions including the management of the third party funds management platform and retail business.

"Craig was appointed to the Board as an Executive Director in February 2013.

Richard Sheppard, Chair of DEXUS said: “On behalf of the Board and the team at DEXUS we extend our thanks and gratitude to Craig and appreciate his dedication and overall contribution to the Group.” Craig‟s existing responsibilities in the short term will be assumed by members of the Executive General Management team.