Total
0
Shares
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • SelfWealth (SWF) has appointed a new CEO and restructured its board, effective from April 20, 2021
  • The new CEO, Cath Whitaker, will receive an annual salary of $475,000 including superannuation
  • Rob Edgely will take the role of Chairman of SelfWealth after holding the role of CEO for the past 12 months
  • Meanwhile, Current Chairman Tony Lally will remain on the board as a Non-Executive Director
  • SelfWealth is down 0.83 per cent, trading at 60 cents

SelfWealth (SWF) has appointed a new CEO and restructured its board, effective from April 20, 2021.

Cath Whitaker has been appointed CEO of SelfWeath, coming to the organisation with over 20 years’ experience in global financial services.

The appointment comes with a salary of $475,000 per year including superannuation, plus a short-term incentive equivalent to 50 per cent of the base salary.

Cath Whitaker has previously held the position of Global Leader of Digital Transformation at March Inc, the world’s leading insurance broker and risk advisor. While there, she was responsible for the development and implementation of Marsh’s global digital and data strategy for the risk management and corporate divisions.

SelfWealth says the past 24 months have been successful, with the company generating exceptional growth across all key performance metrics.  

“Our current team, together with founder and former CEO Andrew Ward, have done a fantastic job in building a fast-growing business with a trusted brand, an engaged community of traders and an innovative product offering,” said Managing Director, Rob Edgley.

“We are delighted to welcome Cath as the new CEO of SelfWealth. Her impressive track record in implementing global digital transformation programs is completely aligned with the growth strategy of SelfWealth.”

As part of a board reshuffle, Rob Edgely will take the role of Chairman of SelfWealth after holding the role of CEO for the past 12 months. Meanwhile, the current Chairman, Tony Lally, will remain on the board as a Non-Executive Director.

 SelfWealth is down 0.83 per cent, trading at 60 cents at 1:35 pm AEDT.

SWF by the numbers
More From The Market Herald
IOUpay (ASX:IOU) - Executive Chairman, Aaron Lee

" IOUpay (ASX:IOU) posts ‘strong’ first half of December quarter

IOUpay (IOU) posts a “strong” first half of the December quarter result, over the period from October 1 to November 14.
QuickFee (ASX:QFE) - Managing Director, Bruce Coombes (right)

" QuickFee (ASX:QFE) signs new US$70m loan with Northleaf Capital

QuickFee (QFE) has signed a new US$70 million (A$96.2 million) debt facility with Northleaf Capital.
Resimac Group (ASX:RMC)- Chairman, Warren McLeland

" Resimac Group (ASX:RMC) expecting record home loan settlements for 1H22

Resimac Group (RMC) has given a glimpse of its first-half results for the 2022 Financial Year.

" Ellerston Asian Investments (ASX:EAI) portfolio dips

An actively managed concentrated portfolio of Asia excluding Japan listed companies, Ellerston Asian Investments (EAI), fell 1.78 per cent (net) in October.