Evans & Partners founder, David Evans, is stepping down as executive chairman but will remain a substantial shareholder and contribute to the firm’s strategic direction as non-executive chairman, effective 1 July.
Evans’ announcement came a month after the Australian Securities and Investments Commission (ASIC) suspended the Australian Financial Services licence of E&P subsidiary, Dixon Advisory & Superannuation Services Pty Limited (DASS).
Announcing his transition on the Australian Securities Exchange (ASX), Evans would be replaced by Tony Johnson who would step into the role on 1 June.
Evans said: “Having founded and led Evans & Partners since 2007 and been executive chairman of the company since 2017, I am excited by the opportunities that lie ahead, and it is my judgement that now is the right time to continue the transition to the next generation of leaders.
“Whilst I will be stepping back from day-to-day executive duties, I will remain a substantial shareholder and actively involved in the strategic direction of E&P as non-executive chairman.”
Johnson’s current roles included being a non-executive director of Bupa ANZ and chair of the advisory board of Fujitsu ANZ. He had a career spanning 24-years with EY, working as a partner of EY, managing partner of EY’s financial services business across Asia Pacific and chief executive and managing director of EY Oceania.
