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Tower Limited ( (AU:TWR) ) has issued an update.
Tower Limited has announced the appointment of Paul Johnston as interim CEO, following the resignation of Blair Turnbull. Johnston, currently the CFO, brings significant international experience in insurance and financial services to the role, ensuring stability during the transition. Angus Shelton, the current Deputy CFO, will take over as interim CFO, pending regulatory approval. The company is in the process of recruiting a permanent CEO and will update the market accordingly.
More about Tower Limited
Tower Limited is a New Zealand-based insurance company primarily engaged in providing insurance services. It operates in both the New Zealand and Australian markets, focusing on offering comprehensive insurance solutions.
YTD Price Performance: -2.61%
Average Trading Volume: 52,887
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$431.6M
See more data about TWR stock on TipRanks’ Stock Analysis page.