Argosy Property has announced the succession plans for its chief executive and board.

CEO Peter Mence has expressed his intention to step down in May 2027, with the search for his successor expected to begin in late 2026.

The company said the extended notice period will facilitate a smooth leadership transition.

In terms of board succession, it has been revealed that Martin Stearne will succeed Jeff Morrison as chair after the 2027 annual meeting.

Morrison will then retire from the board.

Directors Chris Gudgeon and Mike Pohio, who are nearing the end of their terms, have decided not to seek re-election and will also retire at the conclusion of this year's annual meeting.

Alex Cutler, who joined the board in October 2024, will stand for election and has the board's full endorsement.

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