Media Release | 23 March 2021
The Agency is pleased to advise the appointment of highly experienced industry executive, Mr Geoff Lucas, as Group CEO effective 29 March 2021.
Mr Lucas has significant executive experience across a number of industries, including two periods with real estate company McGrath Limited (CEO from 2018 to 2020 and COO from 2008 to 2016).
“We are pleased Geoff has agreed to join The Agency, given his immense experience and success in the real estate sector,” said The Agency Chairman Andrew Jensen.
“The appointment comes at a time when The Agency is looking to use the foundation of its strong balance sheet and industry leading operational performance to continue to drive growth across its business.”
In deciding to join The Agency, Mr Lucas indicated he was impressed with the resilience and commitment to its customers, people and strategy during its formative stages and believes the business is now positioned, through its strengthened balance sheet, to be active in consolidation of the industry.
“I am excited to be joining The Agency Group, which I believe has a model and philosophy designed to appeal to a growing number of principals and agents given the current evolution of the real estate market,” Mr Lucas said.
“This team has demonstrated tremendous resilience and commitment during their formative stages. The business is now in a position of financial strength and is beginning to dominate market share in a number of key markets. The recent expansion into Queensland, and now a national Commercial business, both demonstrate a true national presence providing our people and customers with the benefit of shared knowledge and broad network ensuring consistency in the delivery of service and value to our customers.”
“The opportunity to work again with Matt Lahood as Real Estate CEO, with whom I worked for eight years at McGrath is particularly exciting given the success we shared in growing our people and the business whilst delivering exceptional customer service.”
Managing Director Mr Paul Niardone continues in his role working closely with Mr Lucas.