Nick O’Neil, the new chief executive of Lendlease, is fluent in Spanish and Portuguese. But he’ll have to speak the language of earnings momentum and growth if he’s to break through the company’s biggest problem: Australian investors have stopped caring about this once-great property giant.Lendlease chairman John Gillam has poached O’Neil from AustralianSuper, where he is head of Australian real assets, but the bigger prize is O’Neil’s experience from a 17-year career at Macquarie.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
This Macquarie veteran just got the hardest job in corporate Australia
Nick O’Neil is described as “a fixer and a builder”. He’ll need to be both to win back Australian investors, who have simply stopped caring about Lendlease.
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