Tower Limited (ASX:TWR) Announces Interim CEO and CFO Appointment

Leadership Transition

Kiwi insurer Tower Limited (ASX:TWR) has announced that Chief Financial Officer Paul Johnston will take on the role of interim Chief Executive Officer, effective from 13 February 2025. This transition follows the resignation of Blair Turnbull, who departs on 12 February.

New Interim CFO

In addition, subject to regulatory approvals, Angus Shelton, the current Deputy CFO, will step into the interim CFO role. Shelton has been with Tower since 2017 and brings considerable experience in the insurance and banking sectors.

Ongoing Recruitment Process

The board is actively working on the recruitment of a permanent CEO and will provide updates to the market upon concluding the appointment process.

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Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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