Shane Sullivan and Amanda MacDougall leave top jobs at Public Trustee of Queensland

The revolving door is spinning fast at the Public Trustee of Queensland with more senior executives heading for the exit.

The churn of senior executives atop the perpetually embattled Public Trustee of Queensland continues seemingly without interruption.

The latest players to depart include acting chief financial officer Shane Sullivan and the executive director for “customer experience,’’ Amanda MacDougall.

Sullivan, a former Rio Tinto operative, only came aboard in April 2020 after taking a year off for a “well-earned break,’’ as he put it.

MacDougall spent just over four years at the agency before starting work this month with an outfit called Mentor Walks, which “connects emerging female leaders with a range of established executive women’’.

Samay Zhouand

Meanwhile, Brisbane property player David Mann is believed to be running the ruler over the Public Trustee’s sadly deteriorating headquarters at 444 Queen St, where it has been based for the past 45 years.

We hear Mann’s DMann Corporation is carrying out due diligence on the 21-level office tower, which is two-thirds owned by Abacus Property Group after it acquired the stake for $23.5m in 2016.

The PT, which operates across seven levels, owns the balance of the building and it’s expected to change hands for more than $50m.

Amanda MacDougall, the executive director for “customer experience” at the Public Trustee of Queensland. Photo: Claudia Baxter

Boss Samay Zhouand (illustrated) flagged plans earlier this year to relocate to a yet-to-be determined new spot in the CBD but no announcement has been forthcoming.

That’s left staffers a tad twitchy, although there’s always the option for the PT to leaseback space if and when the building sells.

Mann didn’t return a call seeking comment Tuesday.

A PT spin doctor told us that several expressions of interest from potential buyers are under consideration and a sale is expected to be finalised within the next three months.

Negotiations are under way to relocate but no lease has been signed, she said.