Mirvac Group chairman James MacKenzie is expected to announce his resignation when the firm announces its full-year results Friday, according to The Australian Financial Review.
The move would come barely a year after he survived a vote that would have removed him from the board and is the latest development in a volatile period for the company sparked by the removal of then-chief executive Nick Collishaw in August 2012.
Mr MacKenzie has been on a two-month sabbatical from the property group.
The AFR reported that the decision is believed to be tied more to personal reasons than company matters.
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James MacKenzie expected to announce resignation on Friday.
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