By Alex Gluyas
Wilson Asset Management has appointed Catriona Burns as chief executive, replacing Kate Thorley, who had been chief executive for 15 years.
Burns, who was previously deputy CEO, will continue as lead portfolio manager of WAM’s Global Fund, supported by other portfolio managers Nick Healy and William Liu.
Thorley will transition to the full-time role of executive director, which will focus on “strategic priorities, including continuing to engage with shareholders, while remaining a director across [WAM’s] listed investment companies.”
“Kate has made an extraordinary contribution to Wilson Asset Management over the past 15 years as CEO. I am delighted she will continue to play a full-time leadership role as executive director,” said WAM chairman Geoff Wilson.
“Catriona’s appointment reflects the strength of our leadership team, our long-term succession planning and positions Wilson Asset Management strongly for its next phase of growth.”
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