Positive Salary Packaging names new CEO

He brings extensive experience from his previous roles at NAB and LMG

Positive Salary Packaging names new CEO

Positive Salary Packaging, partly owned by LMG Asset Finance, has appointed Simon Southwell (pictured above) as its chief executive officer.

Southwell brings extensive experience from his roles at NAB and LMG, where he played a pivotal role in acquiring and integrating PLAN, FAST, and Choice aggregation businesses.

At Positive Salary Packaging, Southwell is expected to utilise his expertise to enhance the company’s approach to salary packaging and novated leasing. Starting his role on Sept. 2, he is also tasked to lead the company’s expansion, focusing on the growing demand for tax-effective salary-packaging vehicle solutions.

Since its market entry in 2021, Positive Salary Packaging has achieved significant milestones, including being appointed to the Queensland government’s panel of providers for novated leasing services.

“I am excited to lead PSP in scaling its operations and furthering its commitment to innovation in the salary packaging sector,” Southwell said.

“Our goal is to provide businesses and employees with the best-in-class solutions that meet their unique needs, particularly in the fast-evolving landscape of electric vehicles. The close relationships we maintain with our clients and partners will be crucial in driving our growth and success. 

“In just three years, the Positive Salary Packaging team has proven its commitment to helping customers explore more options to access new and used vehicles, including electric vehicles, which have surged in demand due to FBT exemptions.

“Salary packing is a thriving sector, and I’m excited to build upon the exceptional work the Positive Salary Packaging team has already achieved in such a short time.”

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