Stockland announced that its Board has appointed Tarun Gupta as Stockland's next Managing Director and Chief Executive Officer. Mr. Gupta will join Stockland on 1 June 2021, succeeding Mark Steinert who has been Managing Director and Chief Executive Officer since 2013. Mr. Steinert will remain in his position until Mr. Gupta's commencement date. Tarun has held a wide range of senior roles during his 26 years at Lendlease including most recently as the Group Chief Financial Officer.