Countplus names new chief executive
Countplus has named Phillip Aris, the current chief executive of its largest subsidiary Total Financial Solutions, as its new chief executive and managing director, replacing incumbent Michael Spurr.
Spurr announced in October that he would stand down from his role at the end of his four year contract in January 2015 with Countplus announcing today to the Australian Securities Exchange that Aris would succeed him from that time.
Spurr will remain in his co-role as chief financial officer for up to 12 months to assist in the transition and to complete work on a previously announced direct equity plan available to Countplus practices.
Aris will be replaced at Total Financial Solutions by his deputy Marcelo Fernandez.
Countplus chair Barry Lambert stated he would also continue in his non-executive role for a minimum of two years at the discretion of shareholders and fellow directors of the Countplus board while fellow director Graeme Fowler has been elected as deputy chair. At the same time David Smith has resigned from the board after four years with his position to remain vacant in the short term.
Countplus also named former Crowe Horwath senior executive Barry McGee to head up C2 - its new aggregation business for large accounting businesses — for a period of six months. McGee will report through to Aris and will initially work with Lambert.
Recommended for you
Professional services group AZ NGA has made its first acquisition since announcing a $240 million strategic partnership with US manager Oaktree Capital Management in September.
As Insignia Financial looks to bolster its two financial advice businesses, Shadforth and Bridges, CEO Scott Hartley describes to Money Management how the firm will achieve these strategic growth plans.
Centrepoint Alliance says it is “just getting started” as it looks to drive growth via expanding all three streams of advisers within the business.
AFCA’s latest statistics have shed light on which of the major licensees recorded the most consumer complaints in the last financial year.