CEO change at Treasury Group


Treasury Group managing director and chief executive, Andrew McGill, has announced he will be leaving the company and will be replaced in the role by current executive director, Tim Carver.
The changes were announced to the Australian Securities Exchange today along with a number of other leadership changes.
Commenting on the changes, Treasury Group chairman, Mike Fitzpatrick noted that McGill and Carver had worked closely together since the completion of the merger between Treasury Group and Northern Lights Capital Group in November last year.
McGill joined the Treasury Group as chief executive in 2011 while Carver is a co-founder of Northern Lights.
The company also announced that Joseph Ferragina had been appointed to the role of Chief Operating Officer and would join the board of Finance Director and that non-executive director, Reub Hayes, had resigned his position.
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