DEXUS chief Craig Mitchell quits to head Grocon
Dexus COO Craig Mitchell is departing for new role as CEO of Grocon. Photo: Louie Douvis

DEXUS chief Craig Mitchell quits to head Grocon

DEXUS chief operating officer Craig Mitchell has resigned from the company to head private developer Grocon.

Mr Mitchell was appointed executive director in February 2013 and joined DEXUS in September 2007 as chief financial officer.

In an ASX market update, DEXUS CEO Darren Steinberg and DEXUS chair Richard Sheppard acknowledged Mr Mitchell’s time at the company, during which he oversaw the running of the third-party funds management platform and retail business.

“I would like to thank Craig for his significant contribution to the group over more than eight years. He leaves DEXUS in a strong position and we wish him all the best in his new leadership role,” Mr Steinberg said.

Mr Sheppard said: “On behalf of the board and the team at DEXUS we extend our thanks and gratitude to Craig and appreciate his dedication and overall contribution to the group.”

The news comes in the wake of DEXUS’ failed $2.5 billion takeover bid for Investa last week.