Praemium terminates CEO, Michael Ohanessian

Financial services technology provider, Praemium Limited, has terminated its chief executive, Michael Ohanessian.

The company announced the move to the Australian Securities Exchange (ASX) this morning declaring it had “terminated the employment” of Ohanessian as chief executive and managing director.

It said the board believed a CEO with a different skill set would better serve the company’s leadership needs for the next phase of its growth and development.

Related News:

The ASX announcement said Greg Camm would act as executive chairman until a new CEO was appointed.

It said Ohanessian left the company in good shape and the board acknowledged his instrumental role in the transformation of Praemium to a profitable global firm.


Related Content

From Montego Bay to Salzburg, Medcraft is on the job

As the chairman of the Australian Securities and Investments Commission (ASIC), Greg Medcraft wraps up the final period of appointment, he will attend...more

Westpac reports strong first half but wealth mixed

Westpac Group has reported a strong first-half profit up six per cent to $3,907 million but its wealth division results remain mixed.The directors dec...more

Fiducian acquires another planning practice

Publicly-listed, vertically integrated financial services group Fiducian Group Limited has further added to its financial planning network with the ac...more



Add new comment