Real estate mogul John McGrath has announced the former CFO of Kerry Stokes’s media group, Peter Lewis, as the new chairman of embattled property group McGrath Limited.
Mr Lewis will join the recently emptied McGrath board along with lawyer Andrew Robinson, founder of commercial law firm Robinson Legal.
Mr McGrath announced the appointments to the ASX on Monday evening, the same day that former McGrath chairman Cass O’Connor and her fellow directors had exited the company.
CEO Cameron Judson had left the company on Friday, as the company posted a $25.5 million half-year loss.
Mr McGrath said his two fellow directors brought “a wealth of public company experience and expertise” to the now three-person board.
“I look forward to working clo…
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