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Tower Limited ( (AU:TWR) ) has provided an update.
Tower Limited has appointed Paul Johnston as its permanent CEO, effective June 11, 2025. Johnston, who has been serving as interim CEO since February 2025, brings 20 years of experience in the insurance and financial services sector, having previously held senior roles at Chubb and AIG. His appointment follows an extensive executive search, with Tower Chairman Michael Stiassny expressing confidence in Johnston’s ability to lead the company towards sustainable and profitable growth. The company is also in the process of searching for a new permanent CFO, with Angus Shelton continuing as interim CFO to ensure stability.
More about Tower Limited
Tower Limited is a New Zealand-based company operating in the insurance industry, primarily providing insurance products and services. The company is focused on enhancing its market position through strategic leadership and operational excellence.
Average Trading Volume: 40,514
Technical Sentiment Signal: Buy
Current Market Cap: A$486M
Find detailed analytics on TWR stock on TipRanks’ Stock Analysis page.