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
AFCA has confirmed its chief operating officer, Justin Untersteiner, will be departing the organisation in March to take up a CEO role.
Minister for Financial Services, Stephen Jones, has announced he will be retiring at the upcoming federal election.
Culture clashes and differing management styles are among the reasons why, recruiters tell Money Management, they see employees changing jobs post-M&A activity.
Iress has announced it will divest its superannuation business as the latest step in its transformation program, allowing it to focus on wealth management.
