Stockland - Retirement Living CEO, David Pitman (pictured), has resigned after six years with Stockland.

Pitman came from a strategy background, previously spending 12 years with Boston Consulting. He formulated Stockland’s move into retirement, firstly acquiring about 21 villages in the Australian Retirement Communities group (ARC) in Victoria followed by another 23 villages with the Aevum group.

Stockland now has approximately 6,300 ILUs.

His replacement is Stephen Bull who has been responsible for Stockland’s Retail development since 2009. Pitman is staying on for the transition.

Stephen Bull will bring expertise to the Retirement Living Council, given that he is currently a director of the Shopping Centre Council, a sister body within the Property Council.