Macquarie is keeping the old guard in control, betting its tried and tested leadership model remains relevant in a rapidly changing world.

The chief of the “millionaires factory” will depart in November with a significant treasure chest built up over nearly four decades with the company.

The chief of the “millionaires’ factory” will depart after close to eight years in the job, to be replaced by the head of its banking arm, Greg Ward.

The chief of the “millionaires’ factory” will depart in November with a significant treasure chest built up over nearly four decades with the company.

Macquarie Group has appointed Greg Ward as its new chief executive officer. He will replace Shemara Wikramanayake, who is retiring from the position. Ward, a long-serving…

Incoming chief executive Greg Ward’s pay package hinges entirely on the future success of the millionaires’ factory. He needs to stack up against a formidable line-up of former…

Macquarie Group has appointed Greg Ward as its new chief executive officer. Investors view this leadership transition as a vote of confidence in the company. Ward's extensive…

Macquarie is keeping the old guard in control, betting its tried and tested leadership model remains relevant in a rapidly changing world.

The incumbent CEO apparently knows the benefits of diversification; it’s just largely away from his employer.

He’s not afraid to make tough and unpopular decisions, traits that have helped his rise to the top. Investors will want to assess his plan for the next phase.