E&P founder steps down from firm

9 May 2022
| By Laura Dew |
image
image
expand image

Evans & Partners founder, David Evans, is stepping down as executive chairman but will remain a substantial shareholder and contribute to the firm’s strategic direction as non-executive chairman, effective 1 July.

Evans’ announcement came a month after the Australian Securities and Investments Commission (ASIC) suspended the Australian Financial Services licence of E&P subsidiary, Dixon Advisory & Superannuation Services Pty Limited (DASS).

Announcing his transition on the Australian Securities Exchange (ASX), Evans would be replaced by Tony Johnson who would step into the role on 1 June.

Evans said: “Having founded and led Evans & Partners since 2007 and been executive chairman of the company since 2017, I am excited by the opportunities that lie ahead, and it is my judgement that now is the right time to continue the transition to the next generation of leaders.

“Whilst I will be stepping back from day-to-day executive duties, I will remain a substantial shareholder and actively involved in the strategic direction of E&P as non-executive chairman.”

Johnson’s current roles included being a non-executive director of Bupa ANZ and chair of the advisory board of Fujitsu ANZ. He had a career spanning 24-years with EY, working as a partner of EY, managing partner of EY’s financial services business across Asia Pacific and chief executive and managing director of EY Oceania.

Read more about:

AUTHOR

 

Recommended for you

 

MARKET INSIGHTS

sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry

JOHN GILLIES

Might be a bit different to i the past where at most there was one man from the industry on the loaded enquiry boards a...

10 hours ago
Simon

Who get's the $10M? Where does the money go?? Might it end up in the CSLR to financially assist duped investors??? ...

5 days 4 hours ago
Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week 5 days ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 2 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 1 week ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND