Tilley leads Redcape board overhaul

Redcape is rounding up directors ahead of the ASX listing of some of its hotels.

Pub group Redcape is targeting Orica board member and former Challenger Financial chief executive Michael Tilley to be chairman of the company it plans to list on the Australian Security Exchange, according to industry sources.

Tilley is among directors being sought to oversee more than $1 billion worth property companies preparing to list on the Australian Securities Exchange this year.

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