Vicinity Centres announced that Dr. David Thurin AM has decided to step down from the Board on 15 November 2022 to focus on his other
business commitments having served on the Vicinity Board as a representative of The Gandel Group since 2015, and previously on the board of predecessor entity, Novion Property Group (formerly, CFS Retail Property Group) since 2014. As previously announced on 26 May 2022, Ms Karen Penrose will depart the Vicinity Board on 15 September 2022. Ms Tiffany Fuller and Mr. Michael Hawker AM have been nominated to join the Vicinity Board as independent non-executive Directors. Ms Fuller's executive experience spans investment banking, private equity and corporate advisory across
several sectors including retail, technology, financial services, infrastructure and resources. Ms Fuller is a qualified Chartered Accountant and brings considerable experience from her career as a non-executive Director across both listed and unlisted organizations including Computershare Limited, Washington H. Soul Pattinson and Co. Limited and Australian Venue Co. Mr. Hawker had an extensive executive career in financial services and insurance and is a proven leader of large organisations, having been Managing Director and Chief Executive Officer (`CEO') of Insurance Australia Group for seven years following a distinguished career with Westpac Banking Corporation (`Westpac') and Citibank Limited (Australia). Mr. Hawker currently serves on the boards of Westpac, Washington H. Soul Pattinson and Co. Limited, Allianz Australia, BUPA Global and BUPA Australia and has previously held a number of non-executive director roles with other prominent Australian and global companies. The Gandel Group's CEO, Mr. Dion Werbeloff, has been nominated to replace Dr. Thurin as a non-executive Director and Gandel Group representative. In addition to his eight years at The Gandel Group, three spent as CEO, Mr. Werbeloff brings extensive experience across property and investment banking, notably in mergers and acquisitions and corporate finance at Goldman Sachs, and has worked in Australia and United States.
Vicinity Centres is an Australia-based retail property company with a fully integrated asset management platform, and $23 billion in retail assets under management. The Companyâs principal activities include investment in a portfolio of retail investment properties. It owns and manages retail destinations across Australia and offers a range of retail, residential, and office spaces. It has a direct portfolio with interests in approximately 56 shopping centers (including the DFO Brisbane business) and manages 29 assets on behalf of Strategic Partners, 28 of which are co-owned by the Group. Its properties include Bankstown Central, Bayside, Buranda Village, Chadstone, DFO Perth, Emporium Melbourne, Queen Victoria Building, QueensPlaza, and The Glen. Its development properties include One Middle Road, Chadstone, Bankstown Central, Victoria Gardens, Box Hill Central, and Chatswood Chase Sydney. Its retail solutions include advertising, brand activations, leasing, and pop-up retail.
VICINITY CENTRES 
