FUTURE GENERATION AUSTRALIA LIMITED ASX Announcement
8 March 2016
The Board of Directors of Future Generation Investment Company Limited ('FGX' or the 'Company') announces the appointment of Louise Walsh as Chief Executive Officer, effective today.
Louise is a senior executive with a strong mix of experience in the not-for-profit, government and private sectors. A former solicitor at Allens, she has spent most of her career in sport, arts and culture and the philanthropic sectors and has been a forerunner in growing philanthropy in Australia over the last 15 years. Louise is also CEO of Future Generation Global Investment Company ('FGG') and is employed and remunerated by Wilson Asset Management to work on the Future Generation companies and other charitable endeavours.
Prior to joining FGX and FGG, Louise was the CEO of Philanthropy Australia, the peak body for philanthropy in Australia. She has extensive experience in private giving and philanthropy. Louise holds a Bachelor of Economics and Bachelor of Law from the University of Sydney.
The key details of the appointment are:
Commencement date: 8 March 2016.
Remuneration: $100,000 per annum gross, with no long-term incentive plan.
Term: 3-year initial term, subject to a further term upon agreement by the parties before the expiry of the initial term.
Notice period: either party may terminate the contract with three months' prior notice.
-ENDS-
Future Generation Investment Company Limited (ASX: FGX) offers investors the opportunity to gain unprecedented access to prominent Australian fund managers through a single ASX-listed investment vehicle and also support Australian charities focussed on children at risk. The Company offers diverse exposure to Australian equities through a range of different investment styles and strategies employed by its fund managers. FGX charges 0.0% management fees and 0.0% performance fees and donates 1.0% of its assets each year to Australian charities, particularly those supporting children at risk. The Company's investment objectives are to provide a stream of fully franked dividends to achieve capital growth and preserve shareholder capital.
For more information visit www.futuregeninvest.com.au
Together, we are investing in Australia's future generation
For further information, please contact: | |||
Jonathan Trollip Chairman (02) 9247 6755 | Geoff Wilson Founder and Director (02) 9247 6755 | Louise Walsh Chief Executive Officer 0419 416 618 | James McNamara Head of Corporate Affairs 0416 734 080 |
Phone 02 9247 9202 I Fax 02 9247 6855 I info@futuregeninvest.com.au I www.futuregeninvest.com.au
Australian Infrastructure Fund Limited issued this content on 08 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 07 March 2016 22:07:35 UTC
Original Document: https://www.hastingsinfra.com/documents/aix/10562
