LightYear Group announces new CEO and leadership
Documentation and education provider LightYear Group has appointed a chief executive officer and announced changes to its leadership structure.
The board at LightYear Group Ltd has appointed Michael Jeffries to the role of chief executive officer. Mr Jeffries is currently a non-executive director and company secretary of LightYear Group.
LightYear Group chair, director, and founder Grant Abbott said Mr Jeffries brings a wealth of experience in both the accounting and advisory industry and c-suite roles covering off leading teams, mergers and acquisitions, and governance.
“Importantly Michael has vast experience in both capital raising and ASX listing,” said Mr Abbott.
With Mr Jeffries appointment, there have been changes to the leadership structure of the company. Grant Abbott has been appointed to of head of legal, Ashleigh Jaremyn to head of operations, product and development and Ben Gill to head of sales and marketing.
Mr Abbot, Ms Jaremyn and Mr Gill will report to Mr Jeffries as chief executive under each of their respective executive roles.
Separate to this all four will maintain their director roles on the board for which Mr Jeffries will report to from an executive function.
LightYear Group recently completed a successful capital raise from existing and new investors. The funds will be utilised to further develop the platform, bolster sales and marketing initiatives and explore new market opportunities with potential M&A activity currently underway.
Ms Jaremyn said that the company was currently in an exciting development phase with several integrations and new workflows to be launched in the first quarter of 2023.
“These include a brand-new integration with BGL CAS360 and other BGL products, internal data synchronisation and step-by-step workflows enabling users to be guided through single and multi-document creation processes,” she explained.
This latest developments follow the introduction of a new subsidiary to the company last year, LightYear Training Group which offers a range of education options from short three-hour courses to semester-long accreditations.
Mr Abbott will be looking after content, training and development and overseeing the success of this important part of LightYear Group. LYTG will be formally launched next month.
Miranda Brownlee is the deputy editor of SMSF Adviser, which is the leading source of news, strategy and educational content for professionals working in the SMSF sector.
Since joining the team in 2014, Miranda has been responsible for breaking some of the biggest superannuation stories in Australia, and has reported extensively on technical strategy and legislative updates.
Miranda also has broad business and financial services reporting experience, having written for titles including Investor Daily, ifa and Accountants Daily.