Sealcorp Holdings chairman Geoff Dunstan will step down from his executive role next month and into retirement, after handing over the reins to newcomer John Pascoe.
Sealcorp Holdings chairman Geoff Dunstan will step down from his executive role next month and into retirement, after handing over the reins to newcomer John Pascoe.
Dunstan has held his position as company chairman for the past eight years and in that time has seen Sealcorp’s funds under administration grow from around $1 bil-lion to over $12 billion.
St George Bank Managing Director, Ed O’Neal says Dunstan has contributed to the growth and development of the Sealcorp group and helped to bring about the successful integration of Sealcorp and St George.
“Dunstan advised me earlier this year of this intention to retire and has worked diligently since this time on developing an appropriate succession plan,” O’Neal says. “We are delighted that this has lead to the appointment of Pascoe as chair-man.”
Dunstan is scheduled to hand over the baton to Pascoe, who is currently chairman of George Weston Foods, on September 30. Pascoe has also served as chairman of the management board for Centrelink, chairman of Objective Corporation and CommSecure and a director of Cambooya.
