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Snowball CEO to leave company

  •  
By Vishal Teckchandani
  •  
1 minute read

Snowball Group chief executive Tony McDonald will leave the company on 4 October 2012.

Snowball Group has announced that its group chief executive officer, Tony McDonald, would leave the company next year following the merger of the company with Shadforth Financial Group.

Snowball chairman Eric Dodd this morning said in a company update that McDonald would be moving to specifically focus on integration and related initiatives until 4 October 2012, at which time he will leave Snowball.

"McDonald's new role as executive director, integration projects, includes assisting the group to manage the responses to the government's Future of Financial Advice reforms," he said.

Snowball and Shadforth Financial Group announced to merge in May this year.