Longview Vineyard marketing director Mark Saturno has resigned from his key role in the family business, which he ran alongside his brother, Peter, for the past 12 years.
Peter told InDaily Mark had left the position to focus on his acting career and would remain on Longview Vineyard’s board in a creative capacity.
He said they were not looking to find a replacement for Mark’s position.
An actor by trade, Mark returned to Adelaide after living in New York for 11 years where he studied at the prestigious Lee Strasberg Theatre Film Institute and appeared in a number of Off-Broadway productions, as well as guest spots on television series Law and Order.
Peter said Mark would still be involved in the family business.
InDaily contacted Mark but he declined to comment.
Perks aquires Wortherspoon
Former Wotherspoon Wealth director Simon Wotherspoon has been made director of Perks Private Wealth.
The move follows Adelaide accounting and wealth advisory firm Perks acquiring financial advisory firm Wortherspoon Wealth and expanding its private wealth division, bringing the total division to 32 people.
Prior to the merger, Wotherspoon was principal advisor of Wotherspoon Wealth, which he founded alongside his father John in 2010.
He previously spent five years with international household company Colgate-Palmolive as the business manager of sales and marketing.
Wotherspoon said the merger opened an exciting chapter for the firms.
“Perks is self-licensed with a client centric spirit, backed by expertise in direct equities and unlisted investment opportunities,” Wotherspoon said.
“Both teams have a collegiate style based on an individually tailored, rather than volume, approach to wealth management. There’s a shared practise of openness and transparency in actively safeguarding client interests.
“Culturally, it is a natural fit and strategically it also makes sense with access to a significantly bigger pool of expertise, for an even more comprehensive approach in our client’s wealth management.”
Meanwhile, banking executive Todd Roberts has been appointed as the new CEO of Credit Union SA, taking over from Grant Strawbridge after eight years, effective from July 1.
Roberts moves from Victoria where he most recently worked as the state’s Commonwealth Bank general manager of business and corporate banking.
He previously held a similar position in South Australia for the bank.
More changes at Adelaide Uni
The University of Adelaide has replaced SATC director and State Opera chair John Irving as chair of Martindale Holdings with Rod Reeve, a current director and the executive managing director of Aboriginal and Torres Strait Islander organisation Ninti One.
Martindale Holdings manages the university’s farming land, which includes the Roseworthy farm campus north of Adelaide.
Irving was chair of the commercial farming enterprise for just shy of 20 years.
Reeve’s move from director to chairperson follows an external review of Martindale Holdings in 2018, which shifted the business’s strategic direction to act as a research and training provider.
Prior to his role with Ninti One, Reeve spent the majority of his career working in foreign aid across more than 50 countries as CEO of Coffey International Development.
John Matheson, Linda Bowes and Mark Szolga are also on the board.
Roles to fill
SA Water is hunting for a CFO, with the State government funded service using a Melbourne-based recruitment company to fill the position.
According to the SA Water website, the $400-thousand-a-year role is not listed as one of the senior leadership team, with financial support services falling to general manager of business services Jamie Hollamby.
An email about the recruitment role, seen by InDaily, said seven companies applied for the contract with Victorian firm Davidson Executive winning out.
Also searching for a key position is the proposed Aldinga B-12 school in the state’s south.
The birth to year 12 educational facility has advertised for a principal with a six year contract.
According to an advertisement on Seek, the position will be appointed from 2020 to work with the department of education and private sector to develop the education platform for the school ahead of its opening in 2022.
National role for News Corp local
News Corp’s senior executive based in Adelaide, Mel Mansell, is at the forefront of restructuring at the global media company’s Australian operations.
Mansell was announced this week as Group Director, Editorial Transformation and Strategy.
He has previously been the editorial director for South Australia, Northern Territory and Tasmania, and was a long-time editor of The Advertiser.
Mansell is also heading up News Corp’s project to create its own newswire, with AAP likely to disappear in June unless a late sale offer comes forth and is accepted.
News Corp says Mansell’s latest role will see him “continue to work with all editors to achieve best editorial practice and efficiency across our newsrooms”.
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