ASX-FRI Real Estate

Finbar Group Limited (ASX:FRI) Announces Early Appointment of Ronald Chan as CEO

ClubAI 11:34 am

Executive Appointment

Finbar Group Limited has accelerated the appointment of Mr Ronald Chan as Chief Executive Officer. The appointment is now effective immediately instead of the planned 29 August 2025. Mr Chan joined Finbar in 2004 and was appointed Chief Operating Officer in 2013. He brings over two decades of experience and a deep understanding of the company’s operations.

Future Strategy

Under Mr Chan’s leadership, Finbar will focus on strengthening its development pipeline through strategic site acquisitions and project delivery. This strategy aims for sustained growth and builds on Finbar’s track record of delivering high-quality residential and commercial developments across Western Australia.

Executive Comments

Chairman John Chan stated, “Ronald has demonstrated exceptional capability, integrity, and dedication throughout his time with Finbar. The Board has full confidence in the new management team and in Ronald’s ability to lead the Company into its next phase of growth. I have no doubt he will be a successful leader who continues to uphold the vision of Finbar.”

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Motley Fool contributor Lianne Eastty has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Finbar Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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