Webster Limited (ASX:WBA) has announced the appointment of Maurice Felizzi as Chief Executive Officer.
The new appointment will take effect from January 2018.
Mr Felizzi has been with the business since April 2016, having held the role of Chief Financial Officer and Company Secretary.
Executive Chairman Chris Corrigan will relinquish his executive role as a result, but will continue on as Chairman.
Shares in Webster Limited (ASX:WBA) closed 4.74 per cent lower yesterday at $1.31.