Southern Cross names new CEO
Cliff Carr joins from home appliances company Newell Brands, best-known for its Sunbeam kettles and toasters.
Carr was formerly general manager of sales and marketing at Newell Brands New Zealand, and says his experience in the customer-goods industry will be valuable as Southern Cross looks to grow its lending business and P2P offering over the next few years. Part of that effort will be raising awareness with consumers.
“I’ve had a strong interest in residential property lending for some time, and this business has core appeal with P2P investing and non-bank lending,” Carr said. “It’s a very sound business that has been around for a long time, and I’ll be working with some skilled directors who all have an appetite for growth,” Carr told TMM Online.
Carr replaces Luke Jackson, the former Southern Cross boss who switched over to non-bank lender Resimac earlier this year.
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