Powered by MOMENTUM MEDIA
subscribe to our newsletter

National brokerage CEO retires

The chief executive of an ASX-listed national mortgage group has announced his retirement.

In an ASX announcement today Mortgage Choice advises that Michael Russell will retire as chief executive officer after the completion of the 2015 financial year and the identification of an appropriate successor.

Mr Russell joined the company as its chief executive officer in 2009 and developed and implemented two three-year strategic plans which enabled the franchise group to grow and prosper through the aftermath of the GFC.

He will complete the second of those three-year plans before he departs in 2015.

Mortgage Choice chairman Peter Ritchie acknowledged the outstanding job being done by Mr Russell and said he looked forward to working with him over the coming months to identify and transition his replacement.

Advertisement
Advertisement

PROMOTED CONTENT


National brokerage CEO retires
mortgagebusiness

Latest News

The shareholders of the neobank have agreed to the scheme of arrangement that would see NAB acquire all the issued share capital in the comp...

ASIC has begun proceedings against the major bank for insider trading and breaches of its licensee obligations during the privatisation of A...

The value of total dwellings approved hit a record high in March, driven by a spike in non-residential building, according to new data. ...

FROM THE WEB

Do you expect to see strong uptake of the HomeBuilder scheme?

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.