DomaCom founder departs business in management shake-up
DomaCom chief executive, Arthur Naoumidis, has left the business while former Liberal leader, John Hewson, has been appointed as a non-executive chair.
In an announcement to the Australian Securities Exchange (ASX), it said John Elkovich had been appointed as chief executive with immediate effect to replace Naoumidis, who founded DomaCom in 2011.
Angela Williams would also join the board as a director.
Former chairman, Grahame Evans, would remain on the board as non-executive deputy chairman.
The new board said it intended to promptly apply to relist the company and commence a fundraising period to “grow and scale the company substantially”.
Hewson said: “Arthur’s entrepreneurial skills in identifying and bringing a revolutionary new offering to the market demonstrates his innate capacity to pioneer in a marketplace which has lacked invention. We wish him well in his future endeavours.”
AUTHOR
Laura Dew
Recommended for you
Iress has announced it will divest its superannuation business as the latest step in its transformation program, allowing it to focus on wealth management.
The corporate regulator has named its new chief executive, who is set to replace retiring interim CEO Greg Yanco in March.
Following the departure of its chief marketing officer last year, AMP has appointed a successor to take up the position with the appointment coming from the US.
The Financial Services Council has appointed Justine Earl-Smith as executive director for commercial partnerships and growth, a newly created role for the organisation.
