Trinity appoints chairman and managing director
Trinity has announced the appointment of the chairman of its board and its managing director as the group undergoes a major renewal.
Brett Heading, who is currently chairman of partners at McCullough Robertson has taken on the role of chairman of the Trinity board while Chris Morton has accepted the role of managing director of the group.
Heading has been a partner with McCullough Robertson since 1985 and has specialised in capital raising, mergers and acquisitions.
He is a former long-standing member of the Board of Taxation and was a member of the Takeovers Panel from 1997 to 2009.
Morton’s background lies in property law, investment and funds management. He has been admitted as a solicitor for over 25 years and was previously a senior property law partner and senior management executive with legal firm Phillips Fox.
Morton founded and was the managing director of Property Funds Australia (acquired by Mirvac Group).
The board renewal process will help rebuild confidence with Trinity’s valued shareholders, investors and staff, according to Heading.
Heading said the board was taking decisive action to address the governance concerns in Trinity and the funds management operations.
“Chris and I will be meeting with the Trinity staff, the investors’ advisory board and major shareholders next week,” Heading said.
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