Spaceship Chair assumes Interim CEO role

Millennial-focused super fund Spaceship has announced that chair Andrew Moore will assume the role of chief executive officer while the search for a permanent CEO is underway.

The appointment follows the decision for former CEO, and Spaceship founder, Paul Bennetts to move into the newly-created role of chief product officer, as part of a "strategic strengthening" of the fund's management team.

Moore said that the fund wanted to "harness [Bennetts'] flair for product development, ensuring he can focus his energy on giving the market what it wants" and that the move will allow the fund to hire "an experienced CEO to join the business, who can lead the Spaceship team and concentrate on accelerating [its] rapid growth."

Bennetts added: "I have worked with Andrew Moore for the last 18 months since he joined Spaceship as a non- executive director. I look forward to continue working with him as interim CEO in the short-term and then with the incoming CEO when he or she is appointed."