The Board of Rest, one of Australia’s largest profit-to-member superannuation funds, today announced the appointment of new Director Mitchell Worsley, who will take over the role when current Director Michael Tehan finishes his term on 31 March 2024.
Mr Tehan was appointed as a Shop Distributive and Allied Employees Association (SDA)-nominated Director on 1 October 2017. He has made a long-lasting contribution to the Board and Rest, including through his membership of the Audit and Finance Committee and the Board Investment Committee.
Mr Worsley joins Rest from 1 April 2024 as an SDA-nominated Director. Mr Worsley, a qualified solicitor, has more than 15 years of experience advocating for working Australians.
He is currently an industrial officer with the SDA where he uses his deep legal, industrial relations and policy knowledge to support member outcomes and provide advice on employment matters.
James Merlino, Chair of the Rest Board said: “We welcome Mitchell to the Board. As a highly respected member advocate and industrial relations expert, he will bring new and valuable perspectives to the Board’s focus on helping members achieve their personal best retirement outcomes.
"I’d like to recognise, thank and commend Michael Tehan for his more than six years of service to Rest members. Michael’s deep understanding of superannuation, law and the broader industrial relations landscape has been hugely influential and significant. We wish him well in his retirement."
Mr Worsley said: "It’s a great honour to be joining the Rest Board. Rest is unique in that it represents more than a million members under the age of 30 and one million women. I look forward to bringing my skills, experience and perspectives to the Rest Board’s focus on championing the best financial interests of Rest’s nearly two million members."
About Rest
Established in 1988, Rest is one of Australia’s largest profit-to-member superannuation funds, with more than 1.96 million members and around $75 billion in funds under management as at 30 June 2023.
For further information please visit out media centre or contact:
Michael Mills
Senior Manager, Communications – Media Relations
michael.mills@rest.com.au
m: 0428 499 722
This information has been prepared without taking account of your objectives, financial situation or needs. Before acting on the information or deciding whether to acquire or hold a product, consider its appropriateness and the relevant PDS and TMD which is available at rest.com.au/pds. Issued by Retail Employees Superannuation Pty Limited ABN 39 001 987 739, AFSL 24 0003 (Rest), trustee of Retail Employees Superannuation Trust ABN 62 653 671 394
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