Tower CFO Brett Wilson resigns after 16 months with general insurer

Tower chief financial officer Brett Wilson has resigned 16 months after the general insurer lured him across from Seniors Money International.

Wilson will remain in the role until a replacement is found, said chief executive Richard Harding.

Tower widened its loss in its first half after taking an impairment charge against its IT system, which it is in the process of simplifying, while premium income was little changed and claims rose.

The Auckland-based insurer's shares have declined  27 percent this year and last traded at $1.385.

BusinessDesk.co.nz

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

CMC Markets accredited as NZX Participant
June 18th Morning Report
PCT - Sale of PwC Tower to New Investment Partnership
MEL - Waitaki reconsenting receives final approval
June 15th Morning Report
Devon Funds Morning Note - 12 June 2026
June 11th Morning Report
SKO - Leadership Update
June 8th Morning Report
RBNZ announces decision on use of the word "bank"