Lifestyle Communities Ltd (AU:LIC) has released an update.
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Lifestyle Communities Ltd has announced the retirement of co-founder and Managing Director, James Kelly, effective December 31, 2024. Kelly has played a pivotal role in the company’s growth from its inception to its current market capitalization of over $1 billion, establishing 33 communities and serving over 5,500 homeowners. The company has initiated the search for a new CEO while David Blight will take over as Executive Chairman in the interim.
For further insights into AU:LIC stock, check out TipRanks’ Stock Analysis page.