Job done, now he’s off to Harvard
SOUTH Australia’s Hood Sweeney is seeing its high-profile managing director leave his seat for a new chapter, beginning with study at Harvard Business School in the US.
Matthew Rowe, who has led the financial planning firm for the past six years, is vacating the top job for fellow director Chris Stewart.
Mr Rowe last year ended his record four-year stint as chairman of the nation’s Financial Planning Association – which has with 12,000 members – and has been outspoken about scandals inside two of the nation’s largest institutions, the Commonwealth Bank of Australia and Macquarie.
He joined Hood Sweeney in 2002 as a partner when he merged his own financial planning practice with the firm. It has grown to employ 110 staff with offices in Adelaide, Whyalla and Kadina.
“I’ve achieved what I set out to achieve in the role of managing director and given the succession plan in place, I feel the timing is right to consider the next stage of my career,” Mr Rowe said.
He was among 65 chief executive officers from around the world accepted into the Harvard program, which runs in Boston from August until December. Mr Stewart will replace Mr Rowe as managing director after joining Hood Sweeney in 2011 as the head of business development. In 2013 being he was appointed as a di- rector to establish and lead the new service line.
He has 20 years’ general management experience across sectors including ASXlisted, private and not-forprofit enterprise.