LJ Hooker CFO departs

LJ Hooker chief financial officer Tom Wallace has departed the real estate agency.

It comes following its decision to pull a planned public ASX float. 

Tom Wallace had joined LJ Hooker, Australia's second-largest real estate agency network, in April last year from the ASX-listed Servcorp, where he was also chief financial officer.

He resigned after the departure of the former chief executive Grant Harrod.

LJ Hooker chairman Janusz Hooker said both were appointed to progress the IPO.

Hooker told The Australian Financial Review that "their skillsets weren't going to be utilised and it wasn't going to be what they wanted to do."

LJ Hooker has appointed media company Dentsu Aegis Network's Asia-Pacific head of commercial finance Esther Selvanayagam as chief financial officer.