Countplus names new chief executive


Countplus has named Phillip Aris, the current chief executive of its largest subsidiary Total Financial Solutions, as its new chief executive and managing director, replacing incumbent Michael Spurr.
Spurr announced in October that he would stand down from his role at the end of his four year contract in January 2015 with Countplus announcing today to the Australian Securities Exchange that Aris would succeed him from that time.
Spurr will remain in his co-role as chief financial officer for up to 12 months to assist in the transition and to complete work on a previously announced direct equity plan available to Countplus practices.
Aris will be replaced at Total Financial Solutions by his deputy Marcelo Fernandez.
Countplus chair Barry Lambert stated he would also continue in his non-executive role for a minimum of two years at the discretion of shareholders and fellow directors of the Countplus board while fellow director Graeme Fowler has been elected as deputy chair. At the same time David Smith has resigned from the board after four years with his position to remain vacant in the short term.
Countplus also named former Crowe Horwath senior executive Barry McGee to head up C2 - its new aggregation business for large accounting businesses — for a period of six months. McGee will report through to Aris and will initially work with Lambert.
Recommended for you
ASIC has taken action against a Queensland adviser who was sentenced last May for misappropriating $1.8 million from his clients.
WT Financial managing director, Keith Cullen, says the firm is looking inward when it comes to M&A, with a focus on helping practices in its network become “bigger, better and stronger” via scaling up.
The Senate has opted to extend the date of the inquiry into Dixon Advisory and wealth management companies, having originally been scheduled to complete next month.
A former Insignia Financial C-suite exec has taken on a leadership role at MUFG Retirement Solutions as it announces chief executive Dee McGrath will depart after six years.