Heather exits Managed Accounts Holdings

Managed Accounts Holdings has announced the departure of its chief executive, David Heather in early May.

The company announced to the Australian Securities Exchange (ASX) that Heather was leaving by mutual agreement as the company embarked on its next stage of growth.

It said the Board had begun the search for an appropriately qualified and experienced executive to fill the CEO role, complete the integration of acquired businesses and capitalise on the opportunities emerging in the financial services market.

The company said that former executive chairman, Don Sharp had accepted the role of chairman of the Executive Committee and should a new chief executive not be appointed within three months, he would assume the role of acting chief executive is appointed.

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