Lendlease announces Group CEO appointment

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Stock Lendlease Group (LLC.ASX)
Release Time 11 Jun 2026, 8:25 a.m.
Price Sensitive Yes
 Lendlease Appoints Nick O'Neil as New CEO
Key Points
  • Nick O'Neil appointed as Group CEO and Managing Director
  • Effective 10 September 2026, following Tony Lombardo's departure
  • Experienced executive with over 25 years in real asset management
  • Currently Head of Australian Real Assets at AustralianSuper
  • Previous roles include CFO of Macquarie Infrastructure Corporation
Full Summary

Lendlease Group has announced the appointment of Nick O'Neil as its new Group Chief Executive Officer and Managing Director, effective September 10, 2026. O'Neil, with over 25 years of experience in corporate and investment strategy, M&A, governance, capital markets, and real asset management, is well-positioned to lead Lendlease into its next phase of growth. He currently serves as Head of Australian Real Assets at AustralianSuper, overseeing a diverse portfolio that includes residential property, airports, toll roads, logistics projects, energy and telecommunications infrastructure, and data centers. O'Neil's appointment follows the departure of Tony Lombardo, who will step down on June 30, 2026. Andrew Nieland and Penny Ransom will serve as Joint Interim CEOs during the transition period.