Fresh face and focus for MDSnews

chief-executive-officer/mergers-and-acquisitions/financial-services-group/chairman/

21 September 2007
| By Sara Rich |

A management restructure at MDSnews, which will see chief executive officer Wayne Johnson move into a chief executive officer corporate advisory role, marks the company’s decision to refocus its services.

The listed financial services group will now focus on providing independent advice, market data, information and trading tools for active traders and investors. MDSnews will expand its corporate advisory services to the resources, digital media, information technology and agribusiness sectors.

And while the company intends to recruit a replacement chief executive officer in the next two months, it has appointed Sean Rothsey as non-executive director. Rothsey joins the company after a 30-year career as an owner, director and adviser in the transport, financial, information technology, film and agribusiness sectors.

Commenting on the restructure, MDSnews chairman Barry Littler said, “Having a corporate advisory team with expertise in mergers and acquisitions and business development is a huge asset to MDSnews, as a large number of companies in these sectors are looking to raise funds by placements and IPOs [initial public offerings].”

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 5 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 3 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 1 day ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND