Lend Lease US appoints new CEO

By Becca Durrant22 March 2010

Lend Lease has appointed Robert McNamara as CEO for its business in the US. The role reaffirms the Group's commitment to growth in this region according to Group CEO and managing director, Steve McCann.

Mr McCann said, "The Americas is a strategic region for the Group and Bob's appointment is critical to repositioning the American business for growth as the market recovers.

"Building on our existing positions through Actus Lend Lease and Bovis Lend Lease, we see key growth opportunities within development, green building and public private partnerships (PPPs) and believe Lend Lease is well placed to capitalise on these over time through our integrated offering."

Mr McNamara has more than 30 years experience managing businesses in the development, design and delivery of commercial and infrastructure projects. He is joining Lend Lease from Penhall/LVI International where he is chairman and CEO.

Prior to his time at Penhall/LVI, Mr McNamara was the senior group president of Fluor Corporation where he was responsible for Fluor's global businesses in mining, manufacturing, PPP infrastructure and chemicals, as well as the company's global project execution systems, strategic planning and China initiative.

Mr McNamara will start work at Lend Lease next month within its executive management team. He will report directly to Steve McCann and will be responsible for all US operations, including development, project management and construction, PPP and investment management.

Gary Buechler will continue to lead US development, PPP and investment management businesses and Mike Bellaman will continue to lead Bovis Lend Lease Americas, with both reporting to Mr McNamara.

Mr McNamara said, "I am excited about joining a reputable company with such positive momentum and look forward to working with the senior management team to position Lend Lease as a leading property player in the Americas."

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