Mawson Group is currently looking for a new head, after current chief executive Les Mace announced he was leaving the group to start up his own business.
Mace this morning quashed speculation he was leaving Mawson to start up his own financial planning dealer group.
“I’m definitely not doing that,” he said.
Mace said it was too early to reveal details of the business he intends to develop.
Mace said he would continue doing contractual work for Mawson for another six months.
Current stand-in chief executive Peter Johnson said a final replacement for Mace would be found as soon as possible, but added “because Les is staying around for us on a contractual basis it takes the pressure off”.
Johnson described Mace’s planned departure from Mawson as “a very amicable separation”, and wished him well with his new venture.
“It’s his baby and he’ll give it everything he’s got,” Johnson said.
Meanwhile, Mawson also announced last week that it had appointed current Palandri chief executive Darrel Jarvis as its new chairman and ex-PIS managing director and current Tower head of investment operations Graheme Evans to its board.
