The GPT Group announced the appointment of Russell Proutt as Chief Executive Officer, replacing outgoing CEO, Bob Johnston. Russell is anticipated to commence with GPT no later than 25 March 2024. Bob will continue as CEO until Russell commences and will work closely with the Board and Russell to ensure a smooth transition.

Russell Proutt has over 30 years of global leadership experience with a breadth of knowledge from across commercial property markets, infrastructure and private equity. Russell has extensive experience and track record in leadership positions with market leading funds management platforms. Most recently, Russell was the Chief Financial Officer of Charter Hall Group since 2017. Prior to joining Charter Hall, Russell was with Brookfield Asset Management for 12 years as a Managing Partner based in Canada and, more recently, Australia, where he worked in property and infrastructure sectors throughout the Asian region.

Additionally, Russell has extensive merger and acquisitions, capital markets and corporate transaction experience. Prior to joining Brookfield, Russell spent 15 years in investment banking and the financial services sector in North America.