An executive restructure within big retailing industry superannuation fund, REST has resulted in the exit of five senior fund executives.
The superannuation fund’s staff were informed this week of a restructure resulting in the departures of Chief Financial Officer, Chris Stevens, General Counsel and Company Secretary, Paul Howard, General Manager, Transformation and Technology, Sandra Coleman, General Manager, Customer Service, Beth Parkin and General Manager, Strategic Relations, Craig Hobart.
The restructure comes less than 12 months after the appointment of Vicki Doyle as chief executive effective from May, this year and leaves General Manager, People and Culture, Trevor Evans and General Manager, Investments, Brendan Casey, remaining on the executive team.
Money Management has sought a formal statement from REST on the issue.
Doyle was formerly director of Superannuation, Retirement and Investments at AMP.