The CIMIC Group has announced that an Independent Director will resign from the company and its board on 31 December 2019.
According to the CIMIC Group statement, Trevor Gerber has said the reason for his departure was being appointed as Vicinity Centres Chairman, effective November 2019.
Gerber was chosen as a CIMIC Group Independent Non-Executive Director in June 2014 and is Chairman of the Remuneration and Nomination Committee.
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CIMIC Group Executive Chairman Marcelino Fernández Verdes said the Board of Directors thanks Gerber for his significant contribution during his tenure.
“On behalf of the Board, I thank Mr Gerber for his contribution to our company,” Verdes said.
“His extensive and varied executive and board experience has been a valuable addition to our business and we wish him well in his future endeavours.”