'We had a strong run': Anthony Beverley passes on the Arvida torch

Arvida chair Anthony Beverley thanked shareholders for their support. (Image: Supplied)

Mon, 18 Nov 2024

As he prepares to hand over the reins, outgoing chair Anthony Beverley says Arvida had a “strong run” as a public company. Arvida Group's ownership will be transferred from shareholders to Stonepeak BidCo, a United States-based private equity firm, at the close of business on Wednesday.While management will stay in place and wait for instructions, the board will stand down and be replaced immediately. Talking to BusinessDesk days before the handover, and 10 years since he joined the board, Beverley said it&...

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