Computershare CFO to step down

Company News

by Anna Napoli

Computershare (ASX:CPU) has today announced that CFO Mark Davis has advised that he intends to step down from his position after almost seven years in the role and nineteen years with the Company.

The stock transfer company has commenced a comprehensive search process which includes internal and external candidates to appoint a replacement.

Computershare says Mark has made a significant contribution during his time with the group and has wished him all the best in the next chapter of his career.

As earnings season approaches the company has reaffirmed earnings guidance. While management EPS for FY19 in constant currency is expected to increase by around 12.5 per cent on FY18.

Shares in Computershare (ASX:CPU) are trading 2.3 per cent lower at $16.16.