Powerwrap CEO departs following Praemium takeover

William Davidson
WILLIAM DAVIDSON
Powerwrap Limited - Chief Executive Officer
DEPARTURE
POWERWRAP LIMITED
Date: October 2020
Position: Chief Executive Officer

Powerwrap CEO Will Davidson has left the organisation following Praemium's off-market takeover.

Davidson had been Powerwrap's CEO for nearly three years, taking over in early 2018 following several years as the head of boutique wealth manager Bennelong.

In announcing the move, Praemium chief executive Michael Ohanessian thanked Davidson for his work with the organisation and professionalism during the acquisition. "Under his leadership Powerwrap has developed a strong focus on client service and support, and we will work to continue that high level of service into the future," he said.

Davidson has a significant history in private investing, holding operational roles with SapientNitro and Bangarra Group, formerly Bennelong. He was also the executive chair for Aurora Media Worldwide, a televised sports production and distribution company.