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Solvar Limited Announces Board Changes with Retirement of Key Director

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Solvar Limited Announces Board Changes with Retirement of Key Director

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Money3 Corporation Limited ( (AU:SVR) ) just unveiled an announcement.

Solvar Limited announced changes to its Board of Directors, with Mr. Symon Brewis-Weston retiring as a Non-Executive Director and Chair of the Remuneration & Nomination Committee. He will be succeeded by Ms. Kellie Cordner. Mr. Brewis-Weston played a crucial role in overhauling the board and management remuneration structures, aligning incentive frameworks with company performance, and introducing best practice governance standards. His departure marks the end of a significant era of leadership and strategic guidance for Solvar, impacting its governance and operational strategies.

The most recent analyst rating on (AU:SVR) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Money3 Corporation Limited stock, see the AU:SVR Stock Forecast page.

More about Money3 Corporation Limited

Solvar Limited is a leading consumer and commercial finance company with over 20 years of experience in Australia and New Zealand. The company has funded over $3 billion in vehicles and personal loans, primarily dominating the used-vehicle finance market. Solvar leverages technology to provide a seamless loan application process through brokers, online, or directly to the group.

Average Trading Volume: 274,276

Technical Sentiment Signal: Buy

Current Market Cap: A$297.2M

Learn more about SVR stock on TipRanks’ Stock Analysis page.

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