Former McGrath COO Geoff Lucas tipped to return to the agency

Former McGrath COO Geoff Lucas tipped to return to the agency
Staff reporterFebruary 21, 2018

Former McGrath chief operating officer Geoff Lucas has emerged, according to the Australian Financial Review, as the lead candidate to take the top job at real estate company.

It suggests Lucas could start his role as chief executive next Monday. He was previously at McGrath for a decade until just after the 2016 float.

Its former chief executive Cameron Judson left last Friday.

The paper suggests Lucas was a "clear choice" for the role, having seen "through a period of growth to 80 agencies from 16 on the eastern seaboard," sources indicated/calculated.

The Financial Review contacted Mr Lucas but he reportedly did not respond.

The paper says McGrath and Lucas are still in negotiations.
 
Lucas, who was overlooked for the chief executive role in 2016 in favour of Judson, then briefly joined artisan NSW bread maker and cafe group Sonoma as its chief operating officer.

He is selling his Cremorne house through McGrath on Sydney's lower north shore to upgrade locally. 

Editor's Picks

Alderley set for 400-apartment Station Quarter development opposite train station
Pembrook Homes to bring contemporary townhomes to Reservoir
First look: Holdmark submits Sydney's latest Transport Oriented Development at Macquarie Park
5% deposit offer - Buy into Brighton's affluent property market with 111 Carpenter townhomes
Far East Consortium's charity push in Australia’s biggest stair climb challenge