Helia CEO Pauline Blight-Johnston steps down
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The news: Helia CEO and managing director Pauline Blight-Johnson is stepping down as the company looks to “change the scope” of those roles, according to a statement to the exchange by the lenders’ mortgage insurance provider.
The context: The board and Blight-Johnson have determined that the scope of the CEO and managing director roles must change in light of the industry outlook for lenders’ mortgage insurance and the company’s customer portfolio.
Blight-Johnson is leaving after five years in the role, beginning when the company was still called Genworth Mortgage Insurance.
From 1 July, CFO Michael Cant will assume the role of interim CEO, with Blight-Johnson to provide a transition and handover. Cant has been CFO since 2021 and will be replaced in the interim by Helia head of finance Craig Ward.
What they said: “[Blight-Johnson] has led from the front during a period of significant change for the LMI industry and for Helia. I wish her all the very best for this next phase in her career,” Helia chair Leona Murphy said.
The source: ASX
