Managing Director agrees to continue beyond current term
In the Chairman's address at the Bendigo and Adelaide Bank (BEN) Annual General Meeting today, Mr Johanson announced that BEN Group Managing Director, Mike Hirst, has agreed to continue his employment contract beyond the current term, which ends in July 2016.
Mr Johanson thanked Mr Hirst for his significant contribution to the Group.
"Mike has so capably led the organisation since 2009, a period that has spanned the GFC and significant technological and regulatory change", Mr Johanson said.
Under the terms of BEN's contract with Mr Hirst, the contract will revert to a continuing agreement after 2 July 2016, with no fixed term.