Stuart Grimshaw has been appointed to run troubled payments group Humm, returning to Australian finance’s executive ranks nine years after his shock resignation from Bank of Queensland for a Texas-based pawn shop lender.
Mr Grimshaw, also a veteran of the big four, is taking over on a potentially lucrative pay packet from June after current Humm chief executive Rebecca James revealed she had taken a new job in New Zealand.
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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
