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After more than a decade as one of Madison Pacific Properties' senior executives, Dino Di Marco will succeed John DeLucchi as president and chief executive officer of effective Sept. 1.
The Vancouver-based company made the announcement as it also released its quarterly earnings.
DeLucchi will continue in his role as chair of the board of directors.
Di Marco will bring a strong knowledge of the company’s business into his new role, having been its chief financial officer from 2013 to 2021. He has held various leadership roles within the Madison Group and most recently was the president and CEO of the Madison Industrial Group.
Di Marco is a CPA and CA and has held a number of leadership roles in the multiresidential development and technology sectors.
Prior to joining the Madison Group in 2020, DiLucchi was the B.C. region managing partner at PwC from 2009 to 2017, and also served as a director on its board from 2018 to 2020. DeLucchi spent over 35 years at PwC, having also served as a partner for 21 years.
During his career at PwC, DeLucchi primarily worked with publicly listed and large, professionally run private companies in Canada and the U.S. Most of the companies he worked with are multinational companies with operations spanning numerous countries.
"We thank Mr. DeLucchi for his leadership and contribution to the growth and success of the company over the last few years and look forward to his continued involvement at the board level supporting the management team," the statement from Madison Group reads.
DiLucchi is a FCPA, also serves on the board of Canuck Place Children’s Hospice, and previously served on several business associations and not-for-profit boards, including the Business Council of B.C., Covenant House Vancouver, the United Way and more.
Pringle named to board of directors
The company also announced Robert Pringle has been named a director. He spent over 20 years with CIBC including roles as director, commercial banking and regional manager.
After leaving CIBC, Pringle was recruited as CEO of United Flower Growers. He also served as a director of Metro Vancouver Properties Corp. (MVP) prior to MVP going private in 2024.
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