Diversified financial services firm, Thorn Group has appointed a new managing director and chief executive officer.
The company announced to the Australian Securities Exchange (ASX) today that it had appointed former retail executive, Tim Luce to the role effective from 1 March, next year.
It said the acting Thorn Group chief executive, Peter Forsberg would continue in his role until Luce started his employment and would then resume his role as Chief Financial Officer.
Commenting on the appointment, Thorn Group chair, Joycelyn Morton described Luce as career retailer with a deep understanding of consumer finance, operations, sales distribution and marketing.
“His experience in Australia is enhanced by his executive roles in Asia and his extensive digital credentials,” she said. “He is well positioned to lead our team, and to enhance Thorn’s core business while developing emerging businesses and opportunities to grow.”
