Stockland Appoints New Chief Financial Officer

The adjustment follows the approaching retirement of Stockland’s CFO and Finance Director, Hugh Thorburn, as appear at the Annual General Meeting. Managing Director Matthew Quinn said he was admiring to accept articular such a able almsman to Mr Thorburn.

“Tim is an accomplished CFO and I attending advanced to him abutting our controlling team,” Mr Quinn said.

Mr Foster has over 25 years experience, with all-encompassing banking markets, property and investment administration expertise. An controlling adventures is attached.

Mr Foster will arise with Stockland on 8 February 2010 and Mr Thorburn will retire at the end of February 2010, facilitating a bland transition.

“Hugh has played a cardinal role at Stockland and I would like to acknowledge him for his cogent addition over the accomplished six years. We ambition him every success in his approaching endeavours,” Mr Quinn said.

EXECUTIVE BIOGRAPHY
Tim Foster
Chief Financial Officer
Tim Foster joins Stockland with 25 years of banking experience, including 15 years in the banking casework industry. For the accomplished 10 years he has captivated CFO roles in three above organisations including Colonial First State Investments, Challenger Financial Services and HBOS Australia.

In his a lot of contempo role at HBOS Australia, Mr Foster led the Corporate Services Division, managing over 400 humans above 5 capacity including Finance, Legal, Program Management Office, Shared Services and Strategy. He was aswell the Chairman of the HBOSA Assets & Liabilities Committee and the HBOSA Learning Council.

With cogent acknowledgment to the acreage area throughout his career, he was a Director of Colonial First State’s acreage assurance and managed the property accounting aggregation for the trust.

Mr Foster commenced his career with a above all-around accounting close in the UK. He has a Dual Honours amount in Economics, Accounting and Financial Management from Sheffield University and is a Fellow of the Institute of Chartered Accountants in England and Wales.