Legalsuper has appointed Stephen Reilly as its new Chief Executive Officer and named Chris Grogan as Chief Investment Officer. Bolstering its leadership team as the specialist superannuation fund builds on strong investment performance.
According to multiple media reports, Reilly will join Legalsuper on 17 August, succeeding Luke Symons, while Grogan will take up the CIO role on 26 October, replacing Andrew Lill.
The appointments follow a leadership transition that saw chief financial officer Michael Gogorosis serve as interim chief executive after Symons' departure earlier this year.
Reilly joins after nearly a decade as HESTA's Chief Operating Officer, where he oversaw insurance, investment operations, digital technology, information security and strategy. Before HESTA, he held senior strategy and management consulting roles at Booz & Company and Commonwealth Bank.
Grogan brings extensive investment management experience, having spent 13 years at Qantas Super, most recently as Deputy Chief Investment Officer and Head of Defensive Assets. He joins Legalsuper after serving as Deputy CIO at family office Cambooya Pty Ltd and has also held senior public sector investment roles.
Experienced leaders to steer next phase of growth
Kristen Mander, Legalsuper Chair said, “Stephen comes from major profit-to-member super fund HESTA, where he has been chief operation officer since 2015. Importantly, in addition, he brings experience gained over more than 10 years in management consulting and senior strategy roles with Booz & Company and the Commonwealth Bank.”
She added, “We were particularly impressed with Stephen’s observations during the recruitment process about the attraction to him of working with a smaller specialized and high performing fund like Legalsuper and this alignment with his interests in organizational strategy and operating model differentiation.”
Reilly said Legalsuper's differentiated approach and performance record made the opportunity particularly compelling.
“I’ve appreciated Legalsuper’s firm commitment to excelling as Australia’s only fund specializing in the legal sector. In addition to demonstrably strong investment performance and member engagement practices, Legalsuper continues to challenge more conventional views that ‘bigger is better’ within Australia’s superannuation discourse.”
Highlighting the fund's investment performance, Mander said, “Our MySuper Balanced option, where the majority of our members are invested, returned a very strong 10.09% for FY 25/26, which is a great follow-up to our market-leading 12.56% for FY 24/25, and continued the fund’s delivery of strong, long-term, competitive investment returns.”