Michael Renshaw Appointed Chairman of Opteon

Michael Renshaw has been appointed Chairman of Opteon replacing acting chairman Matt Baxter who remains on the Opteon board.

Renshaw was formerly the chief executive officer and managing director of global engineering, environmental and management services company Cardno.

Opteon chief executive officer, Greg Wickham, says the new Chairman is coming into the business at a time when there will be significant change for the Group. “Michael’s strategic expertise will support Opteon’s move forward into a new operational structure and explore global opportunities” says Wickham. “Over the last two years we have gained market share to become one of the top three national valuation and property services companies in Australia, however our expansion plans to diversify the business will only strengthen our position domestically”.

Renshaw said that Opteon have had phenomenal growth over a short period of time in a challenging business environment.

"Opteon responded to the changes within the industry and have transformed the business. What has attracted me to working with Opteon was their investment in technology and the significant growth opportunities for property services and geographic expansion."

Over the last two years, Opteon has had significant growth expanding to 75 office locations and increasing their national workforce by 15% to over 800 staff.  With Wickham as chief executive, Opteon have rebranded the business, and strengthened the eight national business units and the capabilities of their proprietary valuation management platform to become the market-leading platform in the industry. Opteon revenue increased over the last two years, surpassing $110million in the last financial year.