Kearns to depart Centric Wealth


Phil Kearns is to depart his role as chief executive of Centric Wealth following the company's recent acquisition by Findex Australia.
Kearns' departure was confirmed in an announcement today. He will be leaving as of 30 June.
Kearns was appointed to head up Centric Wealth by CHAMP Private Equity in December of 2011 to manage the turn around and growth of the business in preparation for its sale.
Findex acquired the business for $130 million with the backing of KKR .
Commenting on Kearns' departure, Findex chief executive, Sprio Paule said Kearns had transformed the business and provided the vision which would enable Findex to take it to the next level.
"I would like to thank Phil for his significant contribution to this business and wish him all the best with his future endeavors," he said.
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