Kinetic Super has announced that chief executive Megan Bolton has "stepped down" after seven years in the role.
In a statement released on Friday afternoon Kinetic Super chair Frank Gullone said Ms Bolton "decided it was time to pursue a different chapter in her career and the board decided it was time to move forward under a new leadership".
Mr Gullone thanked Ms Bolton and said an interim chief executive would be appointed shortly.
"During her time at Kinetic Super, Ms Bolton led the fund through a number of strategic initiatives, including a substantial rebrand, streamlining and rationalising of three divisions into one fund, relaunching the fund’s investment platform and building a senior leadership team," Mr Gullone said.
"Kinetic Super is well placed for continued growth and remains focused on achieving excellent results for its members."
Ms Boton said she was proud of her achievements as chief executive at Kinetic Super.
"After seven successful years at Kinetic Super I feel I have strategically positioned the fund for growth in the new competitive landscape for the benefit of members," she said.
"I leave Kinetic Super in strong, capable hands with a talented leadership team and strong fund performance."
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