FlexiGroup Limited
(ASX:FXL) has announced the appointment of Symon Brewis-Weston as Chief Executive Officer.
Mr Brewis-Weston is currently CEO of Sovereign Assurance Company, a Commonwealth Bank owned life insurance provider in New Zealand.
The announcement follows a $150 million capital raise used to acquire Fisher & Pykel Finance, which the company anticipates will contribute to approximately 40 percent of the group’s total volume.
Mr Brewis-Weston will take home a base salary of $750,000 including superannuation when he takes up the top job in the new year.
FlexiGroup recorded a net profit of $82.7 million at 30 June 2015.
