E&P founder steps down from firm
Evans & Partners founder, David Evans, is stepping down as executive chairman but will remain a substantial shareholder and contribute to the firm’s strategic direction as non-executive chairman, effective 1 July.
Evans’ announcement came a month after the Australian Securities and Investments Commission (ASIC) suspended the Australian Financial Services licence of E&P subsidiary, Dixon Advisory & Superannuation Services Pty Limited (DASS).
Announcing his transition on the Australian Securities Exchange (ASX), Evans would be replaced by Tony Johnson who would step into the role on 1 June.
Evans said: “Having founded and led Evans & Partners since 2007 and been executive chairman of the company since 2017, I am excited by the opportunities that lie ahead, and it is my judgement that now is the right time to continue the transition to the next generation of leaders.
“Whilst I will be stepping back from day-to-day executive duties, I will remain a substantial shareholder and actively involved in the strategic direction of E&P as non-executive chairman.”
Johnson’s current roles included being a non-executive director of Bupa ANZ and chair of the advisory board of Fujitsu ANZ. He had a career spanning 24-years with EY, working as a partner of EY, managing partner of EY’s financial services business across Asia Pacific and chief executive and managing director of EY Oceania.
AUTHOR
Laura Dew
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.
