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Showing 1 - 10 of 48 results for "Andrew Formica"

HUB24 appoints Formica to board

VINNY VUCAGO  |  FRIDAY, 26 JUN 2026
HUB24 has appointed seasoned global investment executive Andrew Formica as an independent non-executive director, effective July 1, strengthening its board as the wealth platform continues its growth trajectory. Formica brings more than three decades ...

ACCC approves Magellan, Barrenjoey merger

KARREN VERGARA  |  MONDAY, 15 JUN 2026
... determination is unconditional and subject to the expiry of the statutory 14-day review period. Magellan chair Andrew Formica said: "The ACCC's clearance is a significant milestone in the completion of the merger and brings us one step closer in ...

Magellan shareholders say yes to Barrenjoey takeover

RIDDHIMA TALWANI  |  MONDAY, 13 APR 2026
... the new entity. Sophia Rahmani will continue as chief executive of Magellan Investment Partners. Magellan chair Andrew Formica at the extraordinary general meeting on Friday said the investment manager has been focused on evolving the firm into a more ...

Magellan strengthens ranks with twin hires

ELIZABETH FRY  |  THURSDAY, 26 MAR 2026
... Barrenjoey chairman David Gonski will become the independent chair of the combined group, with current Magellan chairman Andrew Formica appointed deputy chair.

Lowy family takes stake in Magellan

KARREN VERGARA  |  TUESDAY, 10 MAR 2026
... Guy Fowler will continue as co-executive chairs of Barrenjoey. David Gonski will become independent chair while Andrew Formica will be deputy chair. Gonski is currently a board member of the Lowy Institute. Frank Lowy co-founded the Westfield Group in ...

Magellan to merge with Barrenjoey for $906m

KARREN VERGARA  |  MONDAY, 2 MAR 2026
... Guy Fowler will continue as co-executive chairs of Barrenjoey. David Gonski will become independent chair while Andrew Formica will be deputy chair. Some Barrenjoey directors and Barclays' chair of investment banking Paul Compton will also join the ...

Magellan sees $1bn monthly outflows

ELIZA BAVIN  |  TUESDAY, 6 MAY 2025
... the end of the half, AUM was at $38.6 billion. When reporting the results in February, Magellan executive chair Andrew Formica said the first half saw marked progress towards stabilisation as well as "significant" strategic developments that will position ...

Magellan sees profit fall 10%

ELIZA BAVIN  |  THURSDAY, 20 FEB 2025
... to $6.1 million. Magellan declared a dividend of 26.4 cents per share, franked at 85%. Magellan executive chair Andrew Formica said the first half saw marked progress towards stabilisation as well as "significant" strategic developments that will position ...

Magellan unveils refreshed leadership, investment team

JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2025
... strong investment performance," Magellan Asset Management managing director Sophia Rahmani said. Executive chair Andrew Formica also acknowledged Stack's contribution, saying he "has been key to providing stability and consistency to our investment teams ...

Magellan names interim chief financial officer

ELIZA BAVIN  |  TUESDAY, 14 JAN 2025
... corporate reporting manager at Fairfax Media. Upon announcing her resignation from the group, Magellan executive chair Andrew Formica said Morton had been instrumental to the company and senior management team over her 11-year tenure. "The board is grateful ...
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