Financial planning software provider Iress Market Technology has confirmed that its new managing director, Andrew Walsh, assumed his position this week and that he will be earning $650,000 a year.
In an announcement released to the Australian Securities Exchange (ASX) today, Iress said Walsh had formally taken over from Peter Dunai as managing director and that as well as focusing on strategic development, Dunai would assume the role of chairman at the next annual general meeting.
The ASX announcement said on top of his $650,000 salary, Walsh would be entitled to participate in a discretionary annual bonus scheme and long-term incentive scheme.
