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Showing 11 - 20 of 44 results for "Bain."

Industry fund chief steps down

KARREN VERGARA  |  TUESDAY, 23 MAR 2021
An $11.5 billion superannuation fund's chief executive will exit to lead a fintech, which is in the process of merging with the former Sargon Capital, now Certane Group. Mine Super chief Harry Mitchell will step down after nearly five years at the ...

Future Super chief executive to depart

ELIZABETH MCARTHUR  |  FRIDAY, 22 JAN 2021
The chief executive and co-founder of $1 billion ethical retail fund Future Super will depart at the end of February. Kirstin Hunter, who has been with the fund for four years, has announced she will be leaving despite recent promotions. Hunter joined ...

Key finance figures in Biden Cabinet

ELIZA BAVIN  |  TUESDAY, 19 JAN 2021
With only a matter of days until US President-elect Joe Biden takes office, there are a number of notable finance industry veterans nominated to help his administration lead the nation. The first, and most notable in the economics world is Janet Yellen ...

Future Fund director puts WA property on the market

KANIKA SOOD  |  FRIDAY, 15 JAN 2021
John Poynton has listed for sale his family's 15-bedroom property in Western Australia, with the price expected to be in the $7.5 million range. Sundance Lodge in Yallingup is spread over 13.2 hectares, and comes with 15 beds, 14 bathrooms, 36 car parks ...

Bain Capital begins restructure reckoning

ALLY SELBY  |  WEDNESDAY, 5 AUG 2020
Virgin will cut 3000 jobs, discontinue budget airline Tigerair, suspend long-haul international flights and simplify its fleet, as Bain Capital begins to restructure its new aviation group. The restructure reckoning focuses on six key areas; overhauling ...

ANZ profits halve, dividend deferred

JAMIE WILLIAMSON  |  THURSDAY, 30 APR 2020
ANZ has announced a 51% reduction in profits for 1H20 compared to last year as it defers its interim dividend awaiting greater clarity of the impact COVID-19 will have. The big bank's half-year results show a statutory profit after tax of $1.55 ...

Former Toys "R" Us executives face fraud charges

ALLY SELBY  |  MONDAY, 16 MAR 2020
Former executives of the popular children's store lined their pockets with $26 million (US$16 million) in bonuses just days before filing for bankruptcy, including a $4.2 million (US$2.6 million) bonus awarded to chief executive David Brandon. This ...

DIY SMSF platform launched

ELIZA BAVIN  |  TUESDAY, 21 JAN 2020
A new software application that enables trustees of SMSFs to manage their own fund has been launched. DIY Super Online (DIYSOL) was developed by accountant and SMSF trustee Jeff Bain who said the application was designed to save trustees money on accounting ...

US private investment firm appoints first Aussie partner

ALLY SELBY  |  TUESDAY, 14 JAN 2020
A Boston-based private investment firm has appointed its first Australian partner to lead its operations down under. Former Olympic diver Mike Murphy has been promoted to partner at Bain Capital, after five years with the firm. Prior to the promotion ...

Female ASX200 chief executives drop

ELIZABETH MCARTHUR  |  TUESDAY, 10 SEP 2019
The number of women in chief executive positions in the ASX200 has fallen from 14 in 2018 to just 12 today. The Chief Executive Women 'ASX200 Senior Executive Census 2019' revealed the disappointing figures for women in leadership positions. ...