Hasta la vista again at Perpetual
Perpetual Trusteeshas lost another of its senior executives, with chief financial officer Michael Stefanovski resigning last week to accept a position at another company.
Stefanovski, who will remain at Perpetual until mid-November this year, joins outgoing managing director and chief executive Graham Bradley, who will leave the company this month after announcing his intention to leave in May, and former head of marketing Michael Young, who left in July.
Perpetual chairman Charles Curran says that Stefanovksi’s resignation was accepted with regret, as he had made a valuable contribution to the group’s progress.
“During his four and a half years at Perpetual, Michael has successfully managed a number of important initiatives for the group,” he says.
Perpetual has announced to theAustralian Stock Exchangethat it will initiate an external selection process and that the announcement of a replacement will be made in due course.
At present, Stefanovski is unable to reveal details of where his next role will be.
His resignation follows a rough year for Perpetual in terms of departures, with senior portfolio manager Peter Morgan leaving to set up boutique funds management group 452 Capital last September.
Bradley announced he would be leaving as part of the group’s planning towards a new phase of growth and change required over the next five years.
Last month, formerMacquarie Funds Managementhead David Deverall was announced as Bradley’s replacement.
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