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Crowe Horwath appoints non-executive director

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By Reporter
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2 minute read

Crowe Horwath has appointed the founder of a substantial shareholder as a non-executive director, effective immediately.

Trevor Loewensohn is the founder and managing director of specialist advisory and investment firm Alceon Group, which currently holds 19.9 per cent of Crowe Horwath, after increasing its stake in the company in May.

“We are very pleased to welcome Trevor to the board,” Crowe Horwath chairman Richard Grellman said.

“His extensive experience advising many leading global and Australian companies on major corporate transactions and financial strategy complements the existing skillset of our board.

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“His appointment acknowledges Alceon’s significant shareholding in Crowe Horwath.”

Mr Lowensohn has more than 30 years of investment banking experience including leading global and Australian companies on mergers and acquisitions, disposals, capital raisings and corporate and financial strategies.

Alceon recently lifted its stake in Crowe Horwath in May after first buying 4.9 per cent of the company in February, increasing to approximately 11.05 per cent in April.

“I look forward to joining the board and contributing positively to Crowe Horwath’s future,” Mr Loewensohn said.