Prominent Australian building firm Grocon has appointed Carolyn Viney to the role of chief executive after Daniel Grollo stepped aside to become chairman, according to The Australian.
Mr Grollo said his new role of executive chairman would not diminish his oversight and influence within the business as he looks for offshore growth opportunities.
"Carolyn is dealing with most of the day-to-day issues with the company now and I think executive chairman is a more appropriate title for where I'm going," he said, according to The Australian.
Mr Grollo splits his time between Melbourne and New York and will continue to do so in the new role.
Ms Viney joined Grocon in 2003 and has been deputy chief for two years, while current chairman Rowan Kennedy will shift to the deputy chair position.