Thorn Group Limited announced the appointment of Peter Lirantzis as the new Chief Executive Officer of the Thorn Group. The appointment will be effective on 10 February 2020, or earlier by agreement. Mr. Lirantzis will lead the consumer and commercial leasing and financing specialist through a revitalisation in 2020. He brings extensive executive and leadership experience to the role from the banking, finance and insurance sectors, and has a proven track record in business transformation and strategic re-focus. Mr. Lirantzis most recent roles include COO and acting Co-CEO of FlexiGroup where he was responsible for achieving commercial and strategic outcomes through product and service innovation, and enhanced digital capabilities. He was responsible for the implementation of multiple M&A transactions, leveraged growth opportunities, revitalised corporate culture and instilled group confidence. The current CEO of the Company, Mr. Tim Luce, remains committed to working with the Board and the incoming CEO to enable a smooth transition.