Tower Limited — Board/Management Information 2021

Jul 9, 2021

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Resignation of Chief Financial Officer

Tower today announced the resignation of its chief financial officer (CFO), Jeff Wright who has decided to return home to Australia after five years in the business.

Tower CEO Blair Turnbull says, “On behalf of the team at Tower I would like to thank Jeff for his commitment and dedication to Tower over the past five years. Jeff has a depth of specialised knowledge and significant insurance industry experience that will be greatly missed.”

“I would like to personally thank Jeff for his support since I commenced in my role almost 12 months ago. I have enjoyed his energy and positive contributions as an executive team member.”

Tower Chair, Michael Stiassny says, “Jeff has been instrumental in Tower’s significant progress and achievements towards shedding its legacy issues and becoming a leading customer and technology general insurance business. The board wishes to record its thanks and recognition to Jeff for his impactful tenure as CFO.”

Wright’s last day with Tower will be 31 December, 2021.

Tower has commenced a comprehensive executive search process for Wright’s replacement and will provide a further market update in due course.

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