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Hugh Humphrey appointed CEO of Countplus (ASX:CUP)

ASX News, Finance
ASX:CUP      MCAP $95.37M
20 May 2022 10:47 (AEST)
Countplus (ASX:CUP) - Incoming CEO, Hugh Humphrey

Source: Hugh Humphrey/LinkedIn

Investment services company CountPlus (CUP) has appointed Hugh Humphrey as CEO, effective July 1.

The Board said Mr Humphrey’s “exceptional strategic growth experience, digital and transformation capabilities and vision” are key attributes critical to the ongoing success of the company.

With over 15 years of senior role experience in finance and corporate advisory, he has worked for big companies such as NAB Bank, AMP Advice, Banking and Corporate Super and Hillross Financial Services.

In his roles, he has managed big projects of up to $30 billion and oversaw up to 1200 people.

“I have admired the development of the business in recent years and am excited about leading its growth to be a significant financial services group,” said Mr Humphrey.

The company had also promoted current Chief Financial Officer (CFO) Laurent Toussaint to Chief Financial and Operating Officer.

“Laurent Toussaint has a terrific reputation as a leading CFO in the market and I’m delighted he has agreed to the expanded responsibilities of Chief Financial and Operating Officer.”

Chairman Ray Kellerman stated that with the appointment of Mr Humphrey as the new
CEO, combined with the credentialed operational strength of Mr Toussaint, Countplus is very well placed to continue to evolve into a significant financial services group.

As part of Mr Humphrey’s contract, his remuneration includes a salary of $577,500 per annum including superannuation and, short-term and long-term incentives.

CUP shares were trading 5.93 per cent higher at 62.5 cents at 10:44 am AEST.

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