Mirvac appoints Mulcahy chair

Mirvac Group (MGR) has appointed John Mulcahy as its chair, replacing James MacKenzie.

In a statement to the Australian Securities Exchange, the real estate group said Mr MacKenzie had decided to stand down from the role at this year's Annual General Meeting.

Mr Mulcahy has been on the Mirvac board since 2009 and previously held senior roles at Lend Lease Corporation, Suncorp and Commonwealth Bank of Australia.