Equipsuper CEO to depart fund for MFCo

Equip has announced that CEO, Danielle Press, will be leaving the fund at the end of June 2016, after six years of service, to take up the role of CEO at the Myer Family Company Ltd, the portfolio business owned by MFI.

Commenting on Press' contribution to the fund, Equip chair Andrew Fairley said: "Danielle has been a strategic leader who has put Member outcomes at the core of our Fund's innovative approach. Over the last 6 years, the Fund has benefited from her extensive experience in product development, risk management, distribution and investments, along with pursuing a clear vision and an unwavering focus on the best interests of Members."

Danielle Press said: "I'd like to thank the Board and my leadership team for the opportunities and support provided to me during my stewardship of Equip. Today, this Fund is recognised as a progressive leader in the superannuation field, and I am proud of the contribution that I have made to that success."

Equip will begin a search for a new CEO immediately.