Countplus names new chief executive

chief-executive/chief-financial-officer/australian-securities-exchange/director/

25 November 2014
| By Jason |
image
image
expand image

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.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 3 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 4 weeks ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

1 week 4 days ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

2 weeks 2 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

3 weeks ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND