- SelfWealth (SWF) has appointed a new CEO and restructured its board, effective from April 20, 2021
- The new CEO, Cath Whitaker, will receive an annual salary of $475,000 including superannuation
- Rob Edgely will take the role of Chairman of SelfWealth after holding the role of CEO for the past 12 months
- Meanwhile, Current Chairman Tony Lally will remain on the board as a Non-Executive Director
- SelfWealth is down 0.83 per cent, trading at 60 cents
SelfWealth (SWF) has appointed a new CEO and restructured its board, effective from April 20, 2021.
Cath Whitaker has been appointed CEO of SelfWeath, coming to the organisation with over 20 years’ experience in global financial services.
The appointment comes with a salary of $475,000 per year including superannuation, plus a short-term incentive equivalent to 50 per cent of the base salary.
Cath Whitaker has previously held the position of Global Leader of Digital Transformation at March Inc, the world’s leading insurance broker and risk advisor. While there, she was responsible for the development and implementation of Marsh’s global digital and data strategy for the risk management and corporate divisions.
SelfWealth says the past 24 months have been successful, with the company generating exceptional growth across all key performance metrics.
“Our current team, together with founder and former CEO Andrew Ward, have done a fantastic job in building a fast-growing business with a trusted brand, an engaged community of traders and an innovative product offering,” said Managing Director, Rob Edgley.
“We are delighted to welcome Cath as the new CEO of SelfWealth. Her impressive track record in implementing global digital transformation programs is completely aligned with the growth strategy of SelfWealth.”
As part of a board reshuffle, Rob Edgely will take the role of Chairman of SelfWealth after holding the role of CEO for the past 12 months. Meanwhile, the current Chairman, Tony Lally, will remain on the board as a Non-Executive Director.
SelfWealth is down 0.83 per cent, trading at 60 cents at 1:35 pm AEDT.