Broker CEO announces retirement

The head of a major franchise brokerage has announced his retirement

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Mortgage Choice has announced that its chief executive, Michael Russell will retire after the completion of the 2015 financial year.

Russell joined the company as its chief executive officer in 2009 and was a driving force in helping the company to grow and prosper through the aftermath of the GFC. 

A Mortgage Choice spokesperson told Australian Broker Russell said he had come into the business with the intention of growing profitability and launching the brokerage's financial planning arm, and having succeeded in these goals felt it was time to move on.

Mortgage Choice chairman, Peter Richie acknowledged the outstanding job being done by Russell and said he looked forward to working with him over the coming months to identify and transition his replacement.

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