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In Brief: Aspen appoints property CEO

PERTH-BASED property developer Aspen Group has appointed Jonathan Timms to its executive team in the newly created position of chief executive officer – property. Mr Timms joins the company from AMP Capital Investors, where he spent nine years in senior roles, covering asset management, development and funds management. He will be responsible for the performance of Aspen’s commercial property portfolios, as well as identifying new opportunities for property investment funds. A statement from Aspen said Mr Timms’ appointment would add strategic capabilities across the group in the areas of property investment and management. Aspen managing director Angelo Del Borrello said the company would benefit from Mr Timms’ experience in asset management and optimising performance in commercial property portfolios.

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Aspen Group (APZ)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/01/18

1 year TSR5 year TSR
395thAspen Group9%-7%
709 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

01/10/15
$46k Issued
30/09/15
$260k Bought
30/09/15
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

th-Aspen Group$15.8m
77 listed non wa companies ranked by revenue.
Source: Morningstar

Remuneration from Aspen Group

250thAdam Marrs Ekamper$488k
952ndGuy Farrands$112k
1009thClive Appleton$98k
Ranked by total remuneration from all listed WA companies

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