Way Forward announces new CEO

Fiona Guthrie AM has been appointed the new CEO of Way Forward Debt Solutions.

Ms Guthrie joins Way Forward after a highly successful period as the CEO of Financial Counselling Australia for 15 years. Fiona is a current member of the Way Forward Board and was instrumental in building the support of the finance sector and the consumer movement to have Way Forward established. She is a highly respected leader in the financial sector, enjoys good relationships with the key Way Forward stakeholders and has a lifelong commitment to consumers and particularly to people who are experiencing disadvantage. Fiona has a B.A., an LL.B and a M.B.A. She was a recipient of an Order of Australia in 2017 for significant service to the community through social welfare and financial counselling roles.

After five and a half years in the role, founding CEO, David Berry departs Way Forward to take up the position of CEO of the newly formed Compensation Scheme of Last Resort. Mr Berry will continue as CEO until Ms Guthrie’s commencement and will remain connected with Way Forward during February and March 2024 to facilitate a seamless transition and thorough handover period.

Reflecting on her appointment, Fiona said: “I look forward to joining Way Forward in this new capacity. I know that I have big shoes to fill following on from the foundational work undertaken by David. He built Way Forward from the ground up and his leadership and vision have been integral to its success.”

Way Forward Board Chair Professor Michael Lavarch said that the Directors were delighted that Ms Guthrie had accepted the role. “Way Forward plays a critical role in supporting Australians confronting financial distress and Fiona has a proven track record in building for-purpose organisations. Her appointment will take Way Forward to its next phase. The Board also places on record its deep appreciation of David Berry’s tireless work in establishing Way Forward’s business model and growing the support of the financial providers to its mission.”

Professor The Hon. Michael Lavarch
Board Chair
Way Forward Debt Solutions