New CEO for Myer Family Investments

The Myer Family Investments Group (MFI) has announced the appointment of John Russell as its new chief executive officer.

Russell, currently group chief financial officer with the McAleese Group, will take up the role in November 2016, replacing current CEO Peter Hodgson.

Commenting on his appointment, MFI Chair, Martyn Myer said: "John brings a wealth of experience with a proven investment background both in Private Equity and through having held senior executive roles in several operating companies."

Russell said he is looking forward to a "wide scope of opportunity" that will allow him to contribute to the group's next phase of growth.