The Blenheim Report

CONFIDENTIAL INTELLIGENCE REPORT

RETAIL PROPERTY

APRIL 2013

Blenheim Partners is a premier international Executive Search and Board Advisory consulting firm. Our team have acted at Board and CEO level for the ASX100, FTSE100 and Asian listed companies, as well as for a range of mid-cap and smaller businesses both publicly and privately owned. We have come together bonded by a singular purpose of providing a search and consulting model that ensures our clients achieve the optimal outcome through a highly dedicated and accountable partnership. Our goal is to help our clients deliver superior performance by maximising the composition of their senior management teams. Blenheim combines the quality, structure and process of a large firm with the flexibility, creativity and relationship focus of a boutique.

Our work falls into three areas: Top Level Executive Search, Non-Executive Search and Consulting.

• We only partner with 1 company per sector to ensure our clients receive sector expertise and complete market coverage • We do not have conflicts of interest or “off limits” restrictions as a result of our partnering model • We support our clients long term planning capability with our actionable intelligence • We provide Assessment and a 90 day On Boarding Programme with all searches • We allow our clients to determine the fee tied to meeting and exceeding expectations • We achieve diversity of thought and innovation • We have “no limitations” in the pursuit of excellence

Confidentiality

This report and the information contained in it are confidential and proprietary information belonging to Blenheim Partners. The report contains confidential and proprietary information based on data from public and private sources, including Blenheim Partners’ proprietary database of information. The recipient will not use or disclose, or permit the use or disclosure of, this Report by any other person or for any other purpose. The information contained in this report is preliminary in nature and subject to verification by Blenheim Partners. Blenheim Partners does not guarantee its accuracy or completeness.

CONTENTS Introduction ...... 3 Abacus Property Group ...... 4 AMP Capital Shipping Centre Fund ...... 7 Aspen Group ...... 10 Australand Property Group ...... 14 BWP Trust ...... 18 CFS Retail Property Group ...... 20 Challenger Diversified Property Group ...... 26 Charter Hall Group ...... 30 Dexus Property ...... 36 Federation Centres Ltd ...... 41 FKP Property Group Ltd ...... 46 Gandel Group Pty Ltd ...... 51 Goodman Group ...... 52 GPT Group ...... 62 Growthpoint Properties Australia ...... 69 Investa Office Fund ...... 72 Lend Lease Corporation Ltd ...... 76 Mirvac Group ...... 80 Queensland Investment Corporation ...... 87 Shopping Centres Australasia Property Group ...... 92 Stockland ...... 94 Westfield Group ...... 98 Market intelligence ...... 107

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Mirvac Group is involved in real estate investment, development and investment management. It has a stapled security structure, comprising Mirvac Property Trust (MPT) and Mirvac Limited. The Group owns a diversified property portfolio of retail, commercial, and residential properties across Australia.

Divisions: • Investment Management (80% of the business) – Comprises two business activities: third party, listed and unlisted funds management; and the property asset management business, Mirvac Asset Management (MAM). It manages listed and unlisted property funds on behalf of retail and institutional investors. At 30 June 2012, MAM was responsible for the management of four wholesale funds: Mirvac Wholesale Residential Development Partnership; Travelodge Group; JF Infrastructure Yield Fund; and, Australian Sustainable Forestry Investors. MAM also managed the ASX listed Mirvac Industrial Trust and two unlisted residential development funds. MAM provides asset management services for the Investment Division’s portfolio. MAM currently manages 78 properties principally located in metropolitan locations on the east coast of Australia.

Mirvac’s retail portfolio currently comprises 19 properties. According to the latest Strategic Business review in May 2013, Mirvac doesn’t have competitive advantage in retail and a number of measures have been undertaken to address this (see the MGR Strategic Review Presentation, 9 May 2013 - http://groupir.mirvac.com/page/ASX_Announcements/)

• Property Development (20% of the business) – Comprises residential and commercial development, it operates four national product lines consisting of Apartments, Masterplanned Communities and Commercial, as well as a new product line, being Resource Partnerships. Mirvac conducts property development and construction of residential, office, industrial and retail across Western Australia, Victoria, New South Wales and Queensland.

2012 Significant management changes were made in 2012 and in early 2013: Appointment of new CEO, CFO and other key executives (see below)

EXECUTIVE LEADERSHIP TEAM NAME TITLE BACKGROUND LOCATION COMMENTS Chief Executive Officer & Prior to this appointment, Susan was Managing Director at LaSalle Sydney Managing Director Investment Management, where she was responsible for the core (Aug 2012-Present) investment accounts and funds business lines in the European region, as well as for the operations of the business. Susan has also held senior executive positions at MGPA, Macquarie Group and Lend Lease, working in Australia, the US and Europe.

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Susan has been involved in the real estate funds management industry for over 23 years, with extensive experience in fund and portfolio management in both the direct and indirect markets, fund development, mergers and acquisitions, dispositions, research and business strategy.

Education: BA (Hons); MBA (Dist)

Chief Executive Officer Andrew Butler has been with Mirvac for 17 years and is currently Sydney Key areas of responsibility include Investment responsible for Mirvac’s various real estate investment businesses such as investment and asset management Mirvac Property Trust, Mirvac Industrial Trust, Mirvac Hotel Fund, Mirvac of Mirvac Property Trust’s portfolio Asset Management and the Capital Transaction Team. of assets in the office, retail and industrial sectors. Andrew has been involved in property investment, development, acquisitions, and property funds management for more than 23 years. He has extensive experience in commercial, retail, industrial and hotel property throughout Australia, New Zealand and the US.

Prior to his appointment as CEO, Investment, Andrew served as Director, Investment, Director, Listed and Unlisted Funds, Director, MREIT, and Director, Property Acquisitions and Agency Services for Mirvac. Prior to joining Mirvac, Andrew worked at Stanton Hillier Parker in valuations and consultancy.

Education: BAppSc (Land Econ); Grad Dip Mgmt; AAPI

CEO Development (June Brett has over 24 years’ experience across all aspects of the property Sydney Key areas of responsibility include 2008-Present) industry. He was appointed CEO of Mirvac’s Development Division in June residential and commercial & Strategy (Jan 2013- 2008. Prior to this, he held many senior executive positions within the developments, capital acquisitions Present) Group including State CEO roles where he was responsible for major and divestments, group strategy, development projects across the residential, commercial, retail and mergers and acquisitions and industrial sectors that were either wholly owned by Mirvac, in public- research. private partnerships, or joint ventures with other major organisations. January 2013 - a new position Brett is the President of the Property Council of Australia, NSW, and has responsible for group strategy was served as a national board member since 2009. He is also Co-Deputy Chair created. This position is undertaken

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of the Residential Development Council. by Brett Draffen in addition to his existing role as CEO Development. Education: BBus; FAPI The Group Strategy function oversees the development of the Group’s strategy, mergers and acquisitions and capital acquisitions and divestments including the allocation of capital.

Group Executive Business Gary joined Mirvac in January 2008 as Group’s Chief Operating Officer Sydney Key areas of responsibility include Initiatives (Jan 2008-Jan 2013), and was responsible for overseeing the operations strategic group corporate and (Jan 2013-Present) and business processes of the Mirvac Group. Gary was also Chairman of commercial projects and initiatives. Mirvac Hotels &Resorts and is a director of Etihad Stadium. January 2013 - The Chief Operating Prior to joining Mirvac, Gary had over 20 years’ experience in senior Officer role no longer exists and the management positions. In 2004, he was appointed CEO/Managing key responsibilities pertaining to this Director of the Australian Rugby Union and was also appointed CEO for position have been redistributed. the South African, New Zealand and the Australian Rugby Unions’ joint Gary Flowers will be responsible for venture (“SANZAR”) and was a Councillor on the International Rugby Group business initiatives as a result Board. Prior to this he was a partner at the national law firm Sparke of this change. Helmore and from 1993 to 2004 he held the position of National Managing Partner.

Education: BComm; LLB; FAICD

Finance Director Greg is a Chartered Accountant who was appointed Finance Director at Sydney Resigned in April 2013 after 8 (Sept 2012-Apr 2013) Mirvac in September 2012. Prior to this, Greg was CFO at Mulpha months in the role. Will leave Australia Limited, where he had been since 2005. Greg was also CFO of Mirvac in Sept 2013. APN News & Media Limited, and has prior experience as Finance Director at Murdoch Magazines and Group Financial Controller at Australian Key areas of responsibility include Consolidated Press Holdings Ltd. corporate finance, tax, treasury, financial planning and analysis and Greg also spent 10 years at KPMG working across audit, corporate development and investment advisory and corporate risk consulting. As CFO, Greg is responsible for the financing. Group’s finance function including corporate accounting, treasury, tax,

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financial analysis, forecasting and statutory reporting. Greg replaced Justin Mitchell, Group Chief Financial Officer. Education: BEcon; LLB

Group Executive Capital Jonathan joined Mirvac in January 2013 as Group Executive, Capital. In Sydney Key areas of responsibility include (Jan 2013-Present) this role, he is responsible for cultivating wholesale equity relationships to the sourcing of capital from third ensure that Mirvac has a broad network from which to source capital. party wholesale investors and the managing of relationships with Jonathan has more than 20 years’ experience in the real estate sector and existing and potential capital prior to joining Mirvac, worked as a Director at Areim, which is based in partners. Stockholm, Sweden. The role involved bringing in new capital to the Areim Fund II and assisting Swedish and Nordic investors with their international investment strategies. Prior to joining Areim, Jonathan worked for the Abu Dhabi Investment Authority (ADIA) where he invested equity of more than US$6b in more than 50 transactions in Asia and Australia. He has also held senior roles with ING Real Estate in Singapore and FPD Savills in Singapore, the Philippines and Beijing, China.

Education: MBA; BPD (Planning); BTRP

Group Executive Services Brad joined Mirvac in January 2010 as Group General Manager Human Sydney Key areas of responsibility include (Jan 2013-Present) Resources.Prior to joining Mirvac, Brad was Group General Manager, human resources, information Airports at Qantas, and before this, held a variety of senior Human technology, procurement, health, Resources and Operational positions at Air Canada. His roles at Air safety and environment, Canada included Senior Director Strategy, Vice President Customer Sustainability, project management Service and President and CEO, Ground Handling. Brad has also worked office and group facilities. for Air New Zealand in Auckland, Emirates in Dubai, and WIZZ Air in Budapest. January 2013 - A Group Executive, Services position was created with Brad was recently appointed to the role of Group Executive, Services at responsibility for areas including Mirvac where he will oversee human resources, information technology, human resources, information procurement, health, safety and environment, sustainability, project technology and health, safety, management office and group facilities. environment and sustainability.

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Education: MOrgDev; BComm

Chief Executive Officer Bevan is responsible for the Group’s wholesale platform business. He Sydney Key areas of responsibility include Capital Partnerships has over 27 years of experience in the property industry, and prior to the execution of capital partnerships (Jul 2012-Present) joining Mirvac held various leadership and senior management positions with third party wholesale investors in real estate funds management and asset management, working with and structuring of investment Grocon Investment Management, Challenger Financial Services Group, vehicles. Colonial First State Property and Lend Lease Corporation.

Education: DipBus; REV Group Executive External Marie is responsible for Group Communications and Investor Relations. Sydney Key areas of responsibility include Affairs She has over 13 years’ experience in Corporate Affairs and Investor investor relations, media (Dec 2012-Present) Relations. Prior to joining Mirvac, Marie was Investor Relations Director at management, internal Gloucester Coal, and prior to that she was responsible for both Investor communications, government Relations and Corporate Affairs at Asciano Ltd. relations, corporate and social responsibility and corporate brand. Marie has extensive experience in managing external and internal stakeholders through major corporate transactions, as well as providing January 2013 - Group Executive strategic advice to the Board and senior management on a diverse range External Affairs role was created to of company issues. focus on clear, open and transparent communications to the Group’s Education: BA (SocSc) investors and external stakeholders.

General Counsel & Natalie has more than 13 years of legal experience in real estate and Sydney Key areas of responsibility include Company Secretary equity capital markets. Prior to her role at Mirvac, Natalie was the Group legal, company secretariat, risk and (Aug 2012-Present) General Counsel & Company Secretary at Charter Hall, and before this, compliance and internal audit. This was General Counsel and Company Secretary for a number of listed and position is the appointed sole unlisted entities within Macquarie’s Real Estate Funds division. company secretary for Mirvac Group.

Natalie also spent a total of seven years at Freehills, Sydney and January 2013 - General Counsel Shearman & Sterling (California, US). She has extensive knowledge of Natalie Allen, assumed responsibility listing rules, compliance and corporate governance and significant for company secretariat, risk and

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corporate transactional experience. She is also a solicitor of the Supreme internal audit. As part of this Court of NSW and a member of the State Bar of California. restructure Natalie became the sole Company Secretary for the Group. Education: BEcon; LLB

OTHER KEY EXECUTIVES NAME TITLE BACKGROUND LOCATION COMMENTS Head of Residential He served as Chief Executive Officer of NSW Development at Mirvac Sydney January 2013 - The Development Development Division Group from April 2008 to January 2013. He also was Chief Executive function was divided into residential (Jan 2013-Present) Officer of NSW Development at Mirvac Real Estate Investment Trust. and commercial business units. Residential is headed up by John Carfi and the recently appointed David Rolls is responsible for Commercial.

Brett Draffen will continue to oversee the Development functions.

Head of Commercial Previously Head of Urban Regeneration and Commercial in Lend Lease’s Sydney Development Division development business in Australia (until Dec 2012). David has been in the (Jan 2013-Present) property industry for over 25 years and worked across the project management, construction, and property development industries. With his initial background in construction engineering and a career at Lend Lease, he gained experience across most sectors including residential, commercial, retail, for both private and public clients, in both Australia and Europe. David also had a four-year period outside of Lend Lease gaining a valuable external perspective which involved packaging projects without the balance sheet strength of that enjoyed at Lend Lease. OTHER KEY EXECUTIVES NAME TITLE BACKGROUND LOCATION COMMENTS General Manager Mirvac Sydney Asset Management

General Manager Retail Sydney

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Group General Manager Sydney Corporate Affairs

Group General Manager Sydney Investor Relations

BOARD MEMBERS Chairman Non-Executive Director Appointed in 2012 Non-Executive Director Non-Executive Director Non-Executive Director Non-Executive Director Appointed in 2012 Non-Executive Director Managing Director

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MARKET INTELLIGENCE – SAMPLE INFORMATION November 2012 Sydney Morning Herald

Property trusts have an average of 14.5% of their senior workforce occupied by women, one of the highest levels in corporate Australia, according to the 2012 Australian Census of Women in Leadership survey. Carmel Hourigan recently left Lend Lease to take up the senior role as head of investment management at GPT Group. She was replaced by the highly regarded property executive Kylie Rampa, who is the new managing director of Lend Lease’s $8.8 b investment platform. In the leadership survey, Mirvac and GPT have the highest percentages of women in senior roles. At Goodman Group’s recent annual meeting, shareholders overwhelmingly voted for Rebecca McGrath as a director. Westfield, Stockland and many others have had female directors for years. All property chief executives have made it clear they wish to increase the level of female leaders in the sector and that all appointments are made on merit, not gender.

February 2013 Australian Financial Review

South Australian property billionaire Con Makris bought Marina Mirage shopping centre located at Gold Coast for $52m. He bought the centre from receivers KordaMentha and said the Gold Coast was now on the way up. February 2013 Australian Financial Review

Sentinel Property Group has purchased the Ipswich homemaker centre Home HQ in Queensland from Charter Hall Group for $23.5m, building on a run of transactions in the recovering sector. Sentinel, founded by Warren Ebert, purchased the centre fully leased. Most of the property’s income comes from national tenants, including ASX-listed Fantastic Furniture, Spotlight, Trade Secret, IGA and Chemist Warehouse. The purchase is the third major bulky goods homemaker centre in Queensland that Sentinel has acquired, bringing its total to about $65m for that sector in just over 12 months. Other specialist investors such as Brett Blundy and the Karidises have been buying, while groups such as Charter Hall and GPT Group have been looking to divest and take advantage of renewed interest.

Values in the sector appear to have stabilised and sales volumes have jumped by more than 150 per cent. Mr Ebert said the Home HQ centre, developed in 2009, is the most recent bulky goods centre built in Queensland and there are no new ones under construction. Recent data from the Property Council/IPD property indices showed that the bulky goods sector had bucked the trend of declining property asset returns. Capital losses in the bulky good sector during 2011 were reversed in 2012 and the sector showed an improved total return. Savills director for retail sales Peter Tyson, who negotiated the sale of the 26,760sq m Ipswich centre, said the high-yielding asset class had now become very attractive to private and syndicate investors seeking income. The property will go into the Sentinel Ipswich Homemaker Trust, which has a forecast distribution of 12.25 per cent in its first year.

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MARKET INTELLIGENCE – SAMPLE INFORMATION December 2012 The Australian

Listed property developer and fund manager Charter Hall is competing with ISPT to buy a $600m shopping centre portfolio owned by supermarket chain Coles, according to sources. Charter Hall was interested in buying and managing the properties, but the Wesfarmers-owned Coles was also considering offers by other groups, including those such as the Industry Superannuation Property Trust, the state-owned Queensland Investment Corporation and the Government of Singapore Investment Corporation, where they would offer to buy a stake of at least 50% in the portfolio, allowing the supermarket chain to remain as manager, according to sources. Wesfarmers subsidiary Coles in October appointed investment banks Goldman Sachs and Royal Bank of Scotland to review its strategy, while real estate firm Jones Lang LaSalle was appointed to find a possible investor in the properties. The two options being considered were believed to be either the entire sale of the portfolio, which would be handled by Jones Lang LaSalle, or a second option mooted by the investment banks, which involved a deal where Coles would keep an investment in the properties, continue to manage the portfolio and introduce another investor. One source suggested Coles wanted to own a stake of only 25% in the portfolio, allowing another investor to buy the remaining share. GIC, QIC and ISPT had all been active investors in shopping centres, and the decision made by the Wesfarmers board would come down to the best price, a source said. Charter Hall was believed to be interested in buying and managing the portfolio in a partnership deal with a superannuation or pension fund. However, the company said it would not comment on speculation. Coles, GIC and QIC would not comment. ISPT could not be reached. The listed real estate company manages $2.3b worth of retail assets, with 2500 tenants.

In October, Charter Hall announced it had purchased a portfolio of warehouse retail stores from the Wesfarmers-owned Bunnings for $176m in partnership with Telstra Super, along with an additional Bunnings-anchored property in Brisbane for $30.7m. This year, it also purchased the Bay Village Shopping Centre on NSW central coast for $164m from Stockland for a new unlisted wholesale trust in a deal backed by Canada’s PSP Investments. In the same month that it emerged that Coles was considering a divestment of its retail properties, rival Woolworths announced it would spin off 69 shopping centre assets worth $1.4b into the newly created company Shopping Centres Australasia Property Group, which attracted strong demand from retail investors and closed at $1.44 on the stock exchange after its first day of trade. Wesfarmers had spent the past 6mths exploring options, and it was understood that the company’s board would make a decision on December 12. Coles is also reportedly looking for a joint venture partner for its $900m hotels portfolio as its looks to separate its liquor and hotel-gaming operations. Superannuation funds and other major groups have either recently embarked on or are about to finalise at least $3b worth of shopping centre deals this year as they chase sub-regional shopping centres to secure stable investments with reliable sources of income amid global economic uncertainty. The $8b ISPT super fund is negotiating to buy half-shares in 5 shopping centres from Centro Retail Australia in a deal worth almost $400m.

Last month, The Australian reported that QIC Real Estate was in exclusive due diligence to buy a half-stake of the $340m Claremont Quarter shopping centre in Perth from Brookfield Asset Management. QIC Real Estate is also expected to buy half of the Queensland government’s $2b property portfolio to be placed into a newly launched fund, in a deal that sources say is likely to be agreed upon by next month. The Queensland government-backed QIC manages $64.7b of superannuation funds and oversees $8.6b of property through its subsidiary QIC Real Estate. Other major groups to have invested in Australian shopping centres this year include the Canada Pension Plan Investment Board and the Abu Dhabi Investment Authority. Both poured a collective $872m into an AMP fund that owns the Macquarie shopping centre in Sydney and Pacific Fair on the Gold Coast. The deal was announced in October as part of Westfield Group and AMP Capital’s ownership split of seven Australian shopping centres.

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ABOUT BLENHEIM PARTNERS

Blenheim Partners is a premier international Executive Search and Board Advisory firm. We are a partnership, focused entirely on our clients, deliberately engaged at the most senior levels. Clients call us when they have difficult, top level, people-related decisions to make.

We have “no limitations” in the pursuit of excellence. Our culture is built on Pride, Professionalism and Esprit de Corps. We consult. We do not conform. Focusing on collaboration, founded on a commitment from both the client and ourselves to build a genuine relationship over time, we pursue open and honest dialogue, where accountability is placed above all else. Therefore, we engage with organisations who believe in a partnership model; where there is sincerity, focus and commitment.

We apply the following principles:

• We partner with a select few in a genuine, enduring and transparent partnership. • We pursue a mutually beneficial relationship, not a transactional one. • We look for parallels between our values and those of our clients. • We partner leaders through their journey, which includes our unique On Boarding Programme. • We allow our clients to determine our fees by having key and transparent metrics aligned to the outcome and satisfaction. • We maintain regular contact and invest the time to provide ongoing market intelligence and collaboration.

Blenheim Partners consult for a broad range of organisations including publicly listed companies, global multinationals, medium-sized domestic companies as well as not-for-profit organisations and government. Typical roles for which we are engaged include Chairman, Non-Executive Director, Chief Executive Officer, Chief Financial Officer and difficult to fill positions where search or consultation is required.

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SELECTED TRACK RECORD

The team at Blenheim Partners is highly experienced, with a track record at the most senior level of Executive and Non-Executive Director search and appraisal. Searches have included Chairmen, Chief Executives and other C-level executives for the major ASX (top 20) companies.

Some of our clients in Natural Resources have included:

• Anaconda Nickel • Arch Coal • Asciano • Anglo Coal • BHP Billiton • Blue Scope Steel • Emeco • Evans & Peck • Extract Resources • Hedweld • Henry Walker Eltin • Leighton Contractors, Holdings, Contractors, Asia • Medusa Mining, Philippines • Micromine • Midwest Coal • Minara Resources • Newmont • Oil Search • Petronas • Red 5, Philippines • Rio Tinto – Coal, Alcan • Shell • Whitehaven Coal • Woodside

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KEY PROFILES

Gregory W. Robinson Gregory has been specialising in senior executive appointments for over 16 years in Australasia, Asia and the United Kingdom. Sector experience is broad including natural resources, infrastructure, industrial, telecommunications, technology, financial services, consumer, manufacturing and sport. Gregory was previously based in Hong Kong as Head of an Investment Banking Practice for a global boutique, and prior to that was at Whitehead Mann where he established and led the Asia Pacific CFO Practice. He also established and led the Australasia CFO Practice for Korn/Ferry International, working across all industry sectors with a focus on ASX 100 listed companies. Earlier in his career Gregory spent a decade in the United Kingdom consulting on the finance and operational functions of the FTSE 100-250 and AIM listed groups as Partner for Norman Broadbent International. Gregory has been involved in Board advisory and C-level appointments in Australia and the United Kingdom.

Joanna Sochan Joanna has worked in the executive search field since 1994. Previously she was in the Global Industrial Markets Practice at the Sydney office of Korn/Ferry International. She has significant experience in executive search recruiting for senior roles across a number of industry sectors, with the most recent emphasis on mining and resources as well as industrial. In addition, Joanna has been involved in a significant number of board level searches for chairman and non-executive directors for leading Australian companies. Her experience also includes consulting on strategic succession planning and talent management.

Karsten M. Hansen Karsten has 13 years’ experience in the Executive Search industry with an established track record in managing all aspects of the search process through to placement. He strives towards delivering outcomes of the highest possible quality, and also ensures that both clients and candidates feel they have been treated with a high level of respect during all stages of the process. Karsten has substantial hands-on experience in structuring Search assignments. Karsten has undertaken a broad range of assignments, including a significant number in the mining sector, across several functional areas. These assignments were focused both on mining operations in Australia and overseas in PNG, Mongolia, the Philippines and Indonesia. Prior to his time in Search, Karsten built a career in the financial markets for 10 years in Tokyo, London and Copenhagen.

Thomas Weiss Thomas has broad experience in designing and implementing succession planning, talent assessment, development solutions and building leadership effectiveness. An LDN International Associate, Thomas takes a lead role in building client relationships and delivering projects across the Natural Resource sector including OnBoarding. Working across diverse industries including telecommunications, energy, financial services and pharmaceuticals, Thomas adapts a collaborative approach with all stakeholders to facilitate leadership outcomes aligned with the strategic priorities of the business. Prior to joining LDN, Thomas was a Principal Consultant with Korn/Ferry International, where he played a key role in the growth of the consulting practice. He joined Korn/Ferry in 1999 as a consultant in the Industrial, Energy and Resources practice, focusing on executive search. Thomas is certified in the full suite of Lominger solutions including viaEDGE™, Choices®, Voices® 360, Interview Architect® as well as Leadership Architect® 101. He also leverages other resources including the Hogan Leadership Forecast Series to build individual and organisational insights. Thomas holds a Bachelor of Arts and a Master of Arts (Honours) degree from Victoria University of Wellington (New Zealand) and a Master of Business Administration from Monash University (Australia).

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Kerry Larkin Kerry has been involved in the executive search industry since 2006. During this time she has worked with Heidrick & Struggles and Russell Reynolds Associates, and a number of boutiques, in both project management and research capacities. She possesses experience in multiple sectors, including natural resources, construction/ industrial, telecommunications, financial services, consumer, healthcare, professional services and not-for-profit. In addition Kerry has supported a number of board searches, and assisted on succession planning, diversity, and executive assessment projects.

Brandon Needham Brandon is responsible for knowledge management, including intelligence gathering, the tracking of business activities, key management moves and intensive preparatory research.

Clare McKenna Clare has five years’ experience in professional services, including mining consultancy and accountancy. Clare coordinates the search engagement and liaises with clients and candidates.

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ABN 21 160 009 236 Level 5, 17-19 Bridge Street, Sydney NSW Australia p +61 2 9253 0950 w blenheimpartners.com