The two founders of superannuation ratings and research house, Chant West, Warren Chant and Andrea West have departed the company.
The now publicly-listed company announced the Chant and West departures to the Australian Securities Exchange early last week, stating the pair had reached their decision “following discussions with their fellow directors about the composition of the Board and their ongoing roles with the company”.
It said the board had immediately commenced a search for an independent chairman to replace Chant, with Dr Philip Carter stepping in as non-executive chairman in the interim.
Chant assumed the position of non-executive chairman in November, last year, following the completion of the transaction which saw Chant West Holdings born out of Chant West being acquired by publicly-listed Enzumo during which Chant and West were joint chief executives.
Both Chant and West retired as executive directors and joint chief executives of the transitional company in November, with the company announcing that both would continue to be closely in involved in the business by chairing key committees and as consultants.
Australian Ethical has named its new head of equities, who previously spent 12 years at Perpetual.
The country’s sovereign wealth fund has unveiled a flurry of changes to its leadership team, including the appointment of a key executive role.
With Damian Graham stepping into a new capacity within the $190 billion super fund ahead of his retirement, a global search is set to commence for his replacement.
Cbus has swiftly promoted Leigh Gavin to chief investment officer only months after naming him deputy, as the fund works towards growing in size and bringing its investment expertise in-house.