Powered by MOMENTUM MEDIA
moneymanagement logo
 
 

Mawson chief departs to start own business

chief-executive/chairman/

21 November 2005
| By Ross Kelly |

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.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

4 days 18 hours ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

4 weeks 1 day ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

1 month ago

ASIC has released the results of the latest adviser exam, with August’s pass mark improving on the sitting from a year ago. ...

1 week ago

While the profession continues to see consolidation at the top, Adviser Ratings has compared the business models of Insignia and Entireti and how they are shaping the pro...

2 weeks 2 days ago

The inquiry into the collapse of Dixon Advisory and broader wealth management companies by the Senate economics references committee will not be re-adopted. ...

2 weeks ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND