Smartgroup Corporation Ltd. announced the appointment of Scott Wharton as Chief Executive Officer effective 17 July 2023. Mr. Whartons appointment follows the announcement on 23 February this year that the current Managing Director and Chief Executive Officer, Tim Looi, had advised the Board of his intention to retire. The Board immediately commenced a search for a replacement, engaging an international executive search firm to support the process.

Smartgroup will benefit from Mr. Whartons extensive experience in various senior leadership, transformation and operational roles within large ASX-listed and financial services companies including The Star Sydney, Commonwealth Bank of Australia and Citigroup. Scott will bring a strong track record of driving performance and change to lead Smartgroup and realise the significant growth potential in business. The company has an impressive focus on customer service and has made good progress in streamlining and digitising operations.

This has created a loyal client base and strong foundations for further innovation and growth. Mr. Looi will continue to work with the Board and management team until Mr. Wharton commences, and will work with Mr. Wharton to ensure a smooth and seamless handover of leadership. The Board again wish to thank Mr. Looi for his dedication to the role and his service to the company over the past 14 years.