Lonsec reveals new CEO
Lonsec reveals new CEO
The former chief executive of a managed accounts group will come on board to head the adviser research house in two months’ time.
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In a statement, Lonsec said it had appointed Mike Wright – most recently CEO of Xplore Wealth before its merger with HUB24 in March – as the new head of the business.
“Mike’s unique blend of leading teams to develop and implement client-oriented growth and service initiatives along with his strong industry relationships and knowledge were exactly the leadership attributes that we were seeking,” Lonsec chairman Mark Spiers said.
Lonsec boss to depart
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Charlie Haynes will step down as CEO of Lonsec, saying the time is right for him to “exit the business and pursue his other interests” and enable a new CEO to come on board. Mr Haynes has held the role since 2018.
“During the past three years Charlie has worked tirelessly to reshape and strengthen the business lines and expand Lonsec Research, SuperRatings and Lonsec Investment Solutions. This period has seen significant uplift in capabilities across all business units and the board is committed to seeing the business build upon this solid foundation,” Lonsec said in a statement.
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