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Evidentia Chairman Michael Wright Steps Down Amid Staff Upheaval
Evidentia chairman Michael Wright is stepping down amid staff upheaval at the $41.7 billion managed accounts firm.
Key points
- Evidentia is described as a $41.7 billion managed accounts player.
- Wright is also stepping away from Evidentia's board, according to the article.
- The report is timestamped Nov 2, 2026, at 2.35pm.
Why it matters. Wright's exit from the board of a $41.7 billion managed accounts firm marks a leadership change at Evidentia during staff upheaval.}
Michael Wright is vacating his role as chairman of Evidentia Group, the $41.7 billion managed accounts firm, amid staff ructions, according to a Street Talk report dated Nov 2, 2026. Wright is also stepping away from Evidentia's board. The report does not detail the staff ructions or say who will replace him.
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Evidentia Chairman Michael Wright Steps Down Amid Staff Upheaval
Michael Wright is stepping away as chairman of Evidentia, a managed accounts business with $41.7 billion under management. Evidentia is owned by ASX-listed Generation Development Group. The departure comes amid staff upheaval at the firm, which the source describes as ructions. Wright, who was previously chief executive, is leaving the board. The report does not detail the reasons for the staff unrest or name a successor, and the company's response was not included in the source.