Why did the Sequoia Financial Group (ASX:SEQ) CEO step down?

Sequoia Financial Group (ASX:SEQ) Chief Executive Officer Garry Crole resigned effective immediately to support the company's renewal in its next growth phase. Crole advised the board that his decision was in the best interests of the business and its stakeholders.

Who is leading Sequoia Financial Group (ASX:SEQ) after the executive resignation?

Sequoia Financial Group (ASX:SEQ) appointed its Head of Corporate Finance, Alex Fabbri, as interim CEO with immediate effect. Non-Executive Director David Hentschke was also appointed as Interim Chairman.

How did the market react to the Sequoia Financial Group (ASX:SEQ) leadership announcement?

Following the leadership announcement, the Sequoia Financial Group (ASX:SEQ) share price remained unchanged at $0.12.

What is the timeline for Sequoia Financial Group (ASX:SEQ) to hire a permanent leader?

Sequoia Financial Group (ASX:SEQ) has initiated a search for a permanent CEO and Chairman, evaluating both internal and external candidates. The company stated it will update the market as appropriate once appointments are finalized.

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Sequoia Financial CEO Garry Crole resigns

Written by Brie CarterPublished Jul 22, 2026, 5:20 AM

Garry Crole has resigned as CEO and director of Sequoia Financial Group.
Following the announcement, the Sequoia Financial Group share price was unchanged at $0.12.
The board has appointed Alex Fabbri as interim CEO while initiating a search for a permanent leader.

Sequoia Financial Group (ASX:SEQ) CEO Garry Crole has resigned effective immediately after leading the firm.

The leadership change comes after Crole spent over four decades working across the broader financial services industry.

"It has been a privilege to lead Sequoia," said Sequoia Financial Group CEO Garry Crole.

Chief People Officer Floriane Allard joined the board on an annual salary of $211,300 plus superannuation and up to a 25% bonus.

Following the announcement, the Sequoia Financial Group share price was unchanged at $0.12.

The board stated that the leadership depth supports continuity and positions the business for renewal during its next growth phase.

Sequoia continues to search for a permanent chief executive officer across both internal and external candidates.