Capitaliz appoints CEO and non-exec director
Capitaliz, a digital platform for financial advisers and accountants that measures value creation for privately-owned businesses and delivers succession planning advice at scale, has appointed Nic Foster as chief executive.
Foster, the former CEO at Coco Republic, a retail and design brand, has been appointed chief executive officer of Capitaliz. Foster led Coco Republic’s omnichannel growth across Australia, New Zealand and the United States through to a successful capital transaction. He had also held executive leadership positions at Sony Australia and NZ and PlayStation Australia and NZ after commencing his career at PwC.
Paul Cilia was also appointed non-executive director of Capitaliz. He was previously an executive director at Macquarie Bank and had served on the executive committee of Macquarie Bank’s business banking division, holding numerous senior roles, including head of client acquisition and head of segment strategy.
Capitaliz founder Craig West said: “The right advice from a professional adviser could make a life-changing difference to a small business owner. These key appointments to the Capitaliz team will help get our digital platform and proven 21-step methodology in front of more advisers to help their clients appropriately value their businesses and ready them for exiting.”
Capitaliz is a digital platform created by Succession Plus, Australasia’s largest business succession and exit planning advisory firm.
AUTHOR
Liam Cormican
Recommended for you
Zenith Investment Partners has welcomed a BDM focusing on adviser solutions in a series of appointments, while two asset managers have also confirmed new hires.
AMP non-executive director Kathleen Bailey-Lord and Iress non-executive director Susan Forrester have been appointed to the national board of the Australian Institute of Company Directors.
Wealth manager JBWere has announced the launch of two fixed income strategies for wholesale clients, backed by UBS Asset Management.
Firetrail Investments has confirmed the departure of four executives over the last quarter, including head of investment strategy Anthony Doyle.
