Stockland appoints Mark Steinert as managing director & CEO
Mr. Steinert has 25 years of experience in property and financial services including almost a decade of experience running operating businesses, leading large teams of professionals to drive profitability and employee engagement. Mr. Steinert commenced his career in real estate with eight years in direct property primarily with Jones Lang LaSalle, and 10 years in listed real estate with UBS.
At UBS Mr. Steinert was Managing Director, Global Head of Real Estate Research and Co-Head of ANZ Real Estate. He transitioned into leading and running operating businesses in 2004 when he was appointed Head of Australasian Equities with responsibility for research, trading, derivatives, prime broking, capital commitment, operational control, risk control, recruiting, staff development and cost management. During his tenure the business maintained a number one equity position and achieved double digit revenue growth.
In late 2005 Mr. Steinert relocated to New York to take up his appointment as Global Head of Research for UBS. He was also promoted to Group Managing Director and was a member of the Investment Bank Executive Committee. In 2012 he was made Global Head of Product Development and Management for Global Asset Management at UBS. He was a member of the Global Asset Management Executive Committee and Chairman of the Global Product Management Committee. His primary focus was to optimise the product line up, lead product innovation and improve time to market to drive revenue growth and cost reductions. ■