ASPEN Group has announced that chairman Reg Gillard will step down at the annual general meeting to be held next month.
As part of the board succession plan, a current non-executive director Frank Zipfinger, has agreed to succeed Gillard as chairman.
Zipfinger was appointed to the board of Aspen in January and will take up the position of chairman after the AGM.
Zipfinger has been chairman of the Board of lawfirm Mallesons Stephen Jaques (Sydney) and a managing partner and board member of the firm at various times since 1992.
He currently is a non-executive director of listed Galileo Japan Trust, a director of the Melbourne Business School and holds several other directorships in not for profit organisations.
Gillard was founding chairman of Aspen when it was launched in 2001.
He said after 10 years it was an appropriate time for him to step down.
“It has been both a rewarding and challenging decade as chairman of Aspen Group, highlighted by periods of rapid growth as well as financial consolidation. I am pleased to be able to step aside with the knowledge that Aspen has a stable platform on which it can forge ahead, as demonstrated by our sound FY11 financial result and FY12 outlook,” Gillard said.
Aspen Group managing director Gavin Hawkins paid tribute to Gillard acknowledging his service and contribution to the development of the group.
Australian Property Journal
