Big retailing industry superannuation fund REST has confirmed it will soon be announcing new appointments following the exit of five senior executives this week.
Money Management reported yesterday that the superannuation fund’s staff were informed of a restructure resulting in the departures of Chief Financial Officer, Chris Stevens, General Counsel and Company Secretary, Paul Howard, General Manager, Transformation and Technology, Sandra Coleman, General Manager, Customer Service, Beth Parkin and General Manager, Strategic Relations, Craig Hobart.
In a statement confirming the report, REST confirmed that the roles of General Manager Customer Service; General Manager Strategic Relations; General Manager Transformation and Technology; Chief Financial Officer; as well as General Counsel and Company Secretary had been made redundant.
It said appointments for newly created Group Executive roles would be announced shortly.
The redundancies represent change for the industry fund and come less than 12 months after the appointment of former AMP executive, Vicki Doyle, as chief executive officer.