Executive moves

The chief investment officer role at superannuation funds has never been harder to fill as the job now requires both investment expertise and executive management skills.

Co-founder Mark Coulter is stepping into the role of executive chairman where he will be focused on international expansion and possible acquisitions.

Even though both were criticised for selling down large amounts of stock earlier this year, their departure still spooked the market, wiping $500 million from Droneshield’s value.

The appointment lands as the federal government considers reforms to Australia’s copyright licensing regime to ensure AI companies pay for content.