Resimac's new leadership announcement

Resimac Group (ASX:RMC) has appointed Mr. Pete Lirantzis as its new CEO, effective in the first half of 2025. Mr. Lirantzis, who joined the company in February 2024, will replace Ms. Susan Hansen, the current Interim CEO. His appointment follows the expected completion of the Westpac Auto Back Book integration, acquired by Resimac in October 2024.

Resimac's strategic leadership transition

Resimac Group has announced the upcoming leadership transition with Mr. Pete Lirantzis taking over as CEO in the first half of 2025. Currently serving as Chief Strategy, Products, and Operating Officer, Mr. Lirantzis brings a focus on broker relations and digital modernization. Ms. Susan Hansen will continue as a board member post-transition. The company is well-positioned to expand its mortgage and asset finance business, with ambitions for sustainable growth and efficiency. Resimac manages over $14 billion in assets and aims to maintain competitiveness with its diversified funding platform. Mr. Lirantzis' employment terms include a starting salary of $650,000, incentives aligned with performance, and post-employment restrictions to ensure alignment with company objectives. His leadership is expected to guide Resimac through its strategic goals and adapt to evolving customer needs.

Executive insights on leadership change

Mr. Pete Lirantzis is recognized for his strong focus on brokers, customer care, and a solution-oriented approach, which aligns with Resimac's growth strategy. He has experience in digital transformation and modernization in the finance sector, positioning him well to lead Resimac's future initiatives.