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Anthony Rivas resigns from Collection House after 3 years

Finance
ASX:CLH
25 November 2019 14:33 (AEST)

Collection House has announced its Managing Director and CEO, Anthony Rivas, will leave the company.

Anthony has been with the company since July 16 2016 and led it through a transformational period.

Chairman Leigh Berkley thanked Anthony for his services with the group.

“We appreciate Anthony’s contribution during his tenure with Collection House. He leaves us with a very strong executive team that is well placed to take the company to its next stage of customer-focused development, under new leadership,” Leigh said.

“I leave Collection House in a good position and I am proud of our achievements. I would like to thank the Board for their support at this time and wish Collection House great success in the future,” Anthony said.

The company has announced the new CEO will be Doug McAlpine, who was Collection House’s, Chief Financial Officer.

Despite only joining the company in July of this year, Doug has been a strong asset.

Priorly, he was the Executive General Manager for Silver Chef’s lending operations in Australia and New Zealand.

“Doug has already made a strong contribution to the business, and I am sure that as CEO he will play a pivotal role in taking the company forward to providing even better outcomes for our people, our customers and clients, our shareholders, and the wider community,” Leigh added.

He has a strong financial and commercial capability gained through a long career in senior roles across a variety of sectors.

Collection House believes Doug has a people-first approach and has relevant experience leading teams in the financial services.

“I’m delighted to be taking on this new challenge at Collection House and
look forward to working with the Board and our exceptional Leadership Team to build on the important work that Anthony has already started,” Doug said.

“There is significant work to do, but with a focus on improving customer experience and creating a deeper level of engagement with our people, I am confident that we can become an even better business,” he added.

The company is currently looking for a new Chief Financial Officer and Secretary roles.

However, with this current change in leadership Collection House is down 4.77 per cent on the market today and is trading at $1.16 per share at 12:57 pm AEDT.

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