Desane Group Holdings Appoints Peter Krejci as Chairman as Prof. John Sheehan Retires After 34 Years

Aakashdeep

05 November 2026 03:14 PM AEDT

Desane Group Holdings Appoints Peter Krejci as Chairman as Prof. John Sheehan Retires After 34 Years

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Desane Group Holdings Limited (ASX:DGH) has announced the retirement of Prof. John Sheehan AM as Chairman and Director, effective 5 November 2026, with Non-executive Director Mr Peter Krejci appointed as Chairman on the same date.

Key Points

Prof. John Sheehan AM has retired as Chairman and Director of Desane Group Holdings, effective 5 November 2026.
Prof. Sheehan served as a Director of Desane since 1987 and as Chairman since 1992.
Mr Peter Krejci, a Non-executive Director, has been appointed as Chairman effective 5 November 2026.
Mr Krejci has served on Desane's Board since 2019.

Retirement of Prof. John Sheehan AM

Prof. John Sheehan AM has retired as both Chairman and Director of Desane Group Holdings Limited, effective 5 November 2026. According to the filing, Prof. Sheehan served as a Director of the company since 1987 and held the role of Chairman since 1992. The company noted that his retirement was previously disclosed in Desane's "Planned Chairmanship Succession" filing dated 24 July 2026. CEO Mr Rick Montrone acknowledged Prof. Sheehan's contribution, stating he had provided "stability, sound judgment and leadership throughout the Company's development" over almost four decades of service.

Appointment of Peter Krejci as Chairman

Desane Group Holdings confirmed that Mr Peter Krejci has been appointed as Chairman of the company, also effective 5 November 2026. Mr Krejci has served on Desane's Board as a Non-executive Director since 2019. CEO Mr Rick Montrone commented on the appointment, stating he looked forward to "continuing our close working relationship" with Mr Krejci and referencing his "experience and understanding of Desane." The filing did not disclose any further details regarding Mr Krejci's professional background or qualifications beyond his tenure on the Desane board.

Company Profile and Context of the Transition

Desane Group Holdings Limited is described in the filing as a property investment and development company based in Sydney, Australia. The chairman transition follows the previously announced planned succession process disclosed on 24 July 2026. The filing includes remarks from CEO Mr Rick Montrone referencing the company's development projects, investment portfolio, and pursuit of opportunities to deliver long-term value for shareholders. No financial figures, project updates, or operational disclosures were included in the filing beyond the board changes described above.

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