His net worth has been growing significantly in 2021-2022. Prefer us not to? The heritage restoration of the Nation's first gallery - The Westpac Long Gallery in 2017, which was supported both personally and professionally by Brian Hartzer, the former CEO of Westpac. Is the major scandal really not a high street issue? Brian Hartzer. After his marriage broke down and his wife returned to Australia with the couple's four children, Hartzer eventually followed after securing a job at Westpac in 2012. Ms Maloney said the major lenders ignorance to these offences perpetuated the horrible crimes. It was certainly nothing compared to going through difficult personal stuff. With his large number of social media fans, he often posts many personal photos and videos to interact with his huge fan base on social media platforms. Brian Hartzer is the author of THE LEADERSHIP STAR: A Practical Guide To Building Engagement, and served as CEO of the Westpac Banking Group from 2015 to 2019. [11][12][13] Peter King was appointed to replace him. Coutts maintains a strong Australian connection through its CEO Peter Flavel, who hails from Adelaide. Georgianas name is set to pop up as the $6.5 million plus buyer of a luxury freestanding Paddington terrace, at almost double the price paid in 2013. But Hartzer's claims seem to have fallen on deaf ears, with his resignation confirmed this morning. realestate.com.au is owned and operated by ASX-listed REA Group Ltd (REA:ASX) REA Group Ltd. Former NRL teammates hope to kick property goals. But the overwhelming reaction among the Australian public has been outrage over Hartzer's $2.7 million "golden handshake" equivalent to 12 months' pay. She told him she wanted him to better understand the enormity of the issue by arranging for he and his board to meet victims of the crimes Westpac allegedly allowed its customers to partake in. That year, Mr Hartzer took home $4.9 million, which included a $2.2 million bonus. But she is head and shoulders above everyone else. But Mr Hartzer is not leaving empty-handed, and will walk away with the equivalent of 12 months pay, amounting to $2.7 million although its still a far cry from his 2018 salary. Brian is gaining More popularity of his Profession on Twitter these days. The Westpac chief executive Brian Hartzer has resigned and chairman Lindsay Maxsted will step down early following the money-laundering scandal involving allegations the bank failed to . But according to explosive claims published in The Australian today, Hartzer seemingly failed to comprehend that "gravity" as recently as yesterday afternoon when he allegedly sent a staff email confirming the company's upcoming Christmas party had been cancelled. Hartzer says the importance of separating his home and work self was a piece of advice given to him 15 or 20 years ago. Hartzer is New York-born and graduated from Princeton with a degree in European history. The Cavinder twins found themselves at the center of the NCAA's first NIL infractions ruling on Friday following a nearly year-long investigation into the University of Miami's women . Brian Hartzer is an experienced executive, leadership mentor and investor who served as CEO of the Westpac Banking Group from 2015 to 2019. But somehow, Mr Hartzer failed to read the room. Id spent years learning to stay balanced and separate the business situation from how I felt about myself. * allowing payments between known child exploitershttps://t.co/wc7WYMLzR8, I think these comments (reported in the @Australian) will go down as Brian Hartzers Prince Andrew Interview moment. Brian Hartzer is an experienced executive, leadership mentor and investor who served as CEO of the Westpac Banking Group from 2015 to 2019. Peter King was appointed to replace him. They tied the knot in 1968 but parted ways after being married for 18 years in 1986. Prior to his time as Westpac's CEO, Brian spent 15 years in senior executive roles at major banks in Australia and the UK. After his marriage broke down and his wife returned to Australia with the couple's four children, Mr Hartzer eventually followed after securing a job at Westpac in 2012. Westpac Banking Corp's Chief Executive Officer Brian Hartzer's resignation is the latest in a long line of executive departures from Australia's scandal-ridden financial sector [File: David Gray . I'll be leaving the bank, too, because what's happened is the last straw for me #westpac https://t.co/Dez2qZN4dS. April 1, 2020. He is a veteran of New York-based banking strategy firm, First Manhattan Consulting Group, and has held senior roles at ANZ and the Royal Bank of Scotland. But it wasnt stressful in the sense that it wasnt fundamentally challenging my sense of self, because I knew how hard I had tried to work on those issues. In November 2014, he was announced as the CEO to succeed Gail Kelly as CEO, Australian Financial Services, at Westpac Group in February 2015. They desire to downsize. It is the second highest sale in Paddington this year. One of the big four banks has explained their new prediction on when interest rates will drop - and delivered a warning to RBA boss Phil Lowe. The news of Mr Hartzers hefty payout angered may Australians, with 74 per cent of news.com.au readers believing he should not get a cent. [4][5], Brian Hartzer graduated from Princeton University. In addition to leading Westpac - Australia's first bank and oldest company - Brian Hartzer was previously the CEO of Coutts, one of the world's . Mr Hartzer revealed he met the top brass of AUSTRAC, Paul Jevtovic, when he became Westpac's chief executive in 2015, and then subsequently met new boss Nicole Rose when she took over in 2017. Share. Former Westpac boss Brian Hartzer and his wife Georgiana withdrew their Vaucluse mansion from the market on Thursday amid widespread expectations it has sold. You can find out how much net worth Brian has this year and how he spent his expenses. Brian Hartzer has bought in Paddington. "We all read the Fin (Australian Financial Review) and The Australian, and we all read that and think the world is ending," he said, according to the newspaper's two sources. Well, its a good question, I guess. He is seen as one of the most successful business executive of all times. Im more interested in running businesses and helping people run businesses, getting involved in the detail of looking after customers, innovation and those sorts of things.. Brian Hartzer, former Westpac chief executive, arrives at the newly-renovated restaurant on the top floor of the Australian Museum dressed in the latest male work . "As was appropriate, we sought feedback from all our stakeholders, including shareholders, and having done so it became clear that board and management changes were in the best interest of the bank," Westpac group chairman Lindsay Maxsted said in a statement released to the Australian Securities Exchange. Hartzer's previous acquisition in Sydney was a mansion at Vaucluse designed by architect Michael Dysart with rooftop entertaining space. Brian Hartzer, the former Westpac CEO who resigned in the wake of a massive money laundering scandal at the Australian bank, has resurfaced as chairman of salary on demand fintech BeforePay . Ive done a little bit of work on it, Ive written a bit of it and Ive been turning over the story in my mind.. Brian McKnight and his wife, Leilani, shared some very exciting news in January. Brian Hartzer had a glittering career, a multimillion-dollar salary and a lavish lifestyle to boot until this weeks stunning public downfall. After his marriage broke down and his wife returned to Australia with the couples four children, Mr Hartzer eventually followed after securing a job at Westpac in 2012. Earlier that day, it was reported he held a top-secret meeting with senior players to discuss the child exploitation claims that have rocked the banking giant. She said to me, and this was one of these things that blows your brain, she said: Well, I opened the first one. She came to power at a time before television really, which meant that in order to project the monarchy, you had to actually go out and visit, and so she did those enormous long tours of the South Pacific and Australia and everywhere else, he says. More likely is another book, potentially a childrens book. The recently departed Westpac boss Brian Hartzer and wife Georgiana are selling their Vaucluse mansion. Demonstrate a self-awareness and a genuine commitment to improvement that your people can respect. In it, he details his five-point plan to improve staff engagement, which he entrenched at the Sydney-based bank during his tenure. MARK GRAHAM. The sheer arrogance of Westpac chief executive officer Brian Hartzer defies belief. Thats often been reported, but I could see from talking to her about it, you could just see in her body language, how enthusiastic she was. McKnight and his wife announced the news via a joint Instagram post. Mr Hartzer finally fell on his sword and will walk off the job next week, while the companys chairman Lindsay Maxsted announced he would bring forward his retirement to the beginning of next year, saying this morning the board accepted the gravity of the issues raised by AUSTRAC. We've all borne witness to lame-duck leaders before whether in politics or business but few have the stench of death about them like Westpac chief executive Brian Hartzer. During Queen Elizabeths reign, there were 16 Australian and 15 British prime ministers, and 14 US presidents. All times AEDT (GMT +11). Follow the topics, people and companies that matter to you. Now his multimillion-dollar salary has dried up, Mr Hartzer may have to learn to live without those trappings for the foreseeable future. Queen's banker: my lunch with Her Majesty. Hartzer joined Royal Bank of Scotland (RBS) Groups Ulster Bank as CEO UK Retail and Wealth Management in 2009. For days, the Westpac chief executive clung to his job as the 200-year-old lenders money laundering and child exploitation scandal unfolded, seemingly determined to ride out the furore. But in the end, the crisis claimed the 52-year-olds scalp. * allowing payments between known child exploitershttps://t.co/wc7WYMLzR8, I think these comments (reported in the @Australian) will go down as Brian Hartzers Prince Andrew Interview moment. The agent had been quoting a guide of $6 million. Brian Hartzer graduated from Princeton University. SYDNEY (BLOOMBERG) - Brian Hartzer has resigned as Westpac Banking Corp chief executive officer, succumbing to investor pressure after the lender was engulfed by . Brian Hartzer says facing the shareholder fury caused by the banks money-laundering scandal was not the worst thing thats happened to him. Hartzer is enjoying his gnocchi and my salad is surprisingly generous. Corporate boards are not very high on my priority list. So, how much is Brian Hartzer worth at the age of 55 years old? He also allegedly discussed ways of deflecting attention by pushing staff to "get mortgages going and we've got to get NPS (net promoter score) going". Hartzer stepped down as Chief Executive Officer in November 2019 after claims made by AUSTRAC alleged the bank was involved in money laundering, child exploitation and other banking violations. Westpac is facing a potentially massive fine over claims that it failed to report millions of international fund transfers, including "high-risk transactions" to Southeast Asian . He graduated with a degree in European History from Princeton University and is a Chartered Financial Analyst. Help using this website - Accessibility statement, 23 million breaches of anti-money laundering laws, The Leadership Star, A Practical Guide to Building Engagement. Bibliographic information. All times AEDT (GMT +11). And then she said; however, and she went on to tell me some interesting little anecdotes about both of them. The home has views of the ocean and Harbour, five ensuite bedrooms with parents', children's and guest wings. So my conscience was clear in that respect. Prior to his time as Westpac's CEO, Brian spent 15 years in senior executive roles at major banks in Australia and the UK. Brian Hartzer is an experienced executive, leadership mentor and investor who served as CEO of the Westpac Banking Group from 2015 to 2019. . You can purchase a single spot or space across an entire "matrix" as the site owner calls it. Ive been incredibly fortunate I sometimes describe it as the Surreal Life of Brian given the sort of people that Ive actually met. Hasty was testifying in the first-degree murder trial of Brian Fanion, the now retired Westfield police detective, who is accused of shooting his wife, Amy Fanion, in the head on May 8, 2018 . Experienced executive, management consultant, and author Brian Hartzer walks readers through the Leadership Star, a simple and memorable framework for developing high performing professional teams in commercial, government and not-for-profit organisations. We have estimated Brian Hartzer's net worth, money, salary, income, and assets. The floor-to-ceiling windows allow for excellent views over St Marys Cathedral and adjoining parklands. I order a salad of mozzarella, figs and rocket, and we ask for two glasses of chardonnay. Explore Brian Hartzer Wiki Age, Height, Biography as Wikipedia, Wife, Family relation. According to the Australian Financial Review, Hartzer and his second wife moved into a $12.75 million Vaucluse mansion that same year. The first is the need to monitor outcomes or results, and not just processes. She was the financial services editor and personal finance editor of the AFR, The Age and the Sydney Morning Herald. ANZ New Zealand. The founders of 2Be have been the CEOs of some of the largest banks in Australia, New Zealand and the UK - with over 60 years of banking and wealth management experience between us. I said: Yes, of course, thank you for explaining that, which is, of course, the tradition. Ive got a history degree and I asked her to tell me a bit about her experiences with Winston Churchill and Jack Kennedy. Hartzer hung on for nearly a week after AUSTRAC hit the bank with 23 million breaches of anti-money laundering laws before falling on his sword. Hartzer, who has chosen the restaurant because he is both a trustee of the museum and chairman of the Australian Museum Foundation, its fund-raising arm, plumps for the gnocchi. Hartzer concluded his time at FMCG as a Vice President (Partner). [2][3][14], It may require cleanup to comply with Wikipedia's content policies, particularly, Learn how and when to remove these template messages, Learn how and when to remove this template message, Australia and New Zealand Banking Group Limited, "How Brian Hartzer Lined Himself Up For The Top Job At Westpac", "Former Westpac CEO Brian Hartzer named chairman of fintech Beforepay", "Brian Hartzer returns to chair buy now, pay later start-up before IPO", "Hartzer to Become Westpac CEO in February as Kelly Exits", "Westpac Banking names Peter King CEO for next two years", "Brian Hartzer quits ANZ sparking management concerns", "Shareholders lash Australia's Westpac over money laundering bombshell", "Top bank CEO in Australia steps down over money laundering scandal", "Westpac bank chief quits amid money laundering scandal", "Former Westpac CEO Hartzer takes the chair at BeforePay", "Brian Hartzer to Release Leadership Book", Chief Executive Officer of Westpac Banking Corporation, https://en.wikipedia.org/w/index.php?title=Brian_Hartzer&oldid=1130871133, This page was last edited on 1 January 2023, at 11:27. This button displays the currently selected search type. This episode we discuss the health implications of insulin The 254-page manual contains no details of the mistakes Hartzer feels he made at Westpac because he didnt think that would be fair to the bank and they wouldnt, in any case, be helpful to a broad audience. The Hartzers retain their $6.8 million Pittwater sandstone weekender. The Coutts boardroom features an artistic masterpiece given to the first British ambassador to China, George Macartney, by the Emperor of China in 1793. He sits on the advisory board of Quantium, a data and artificial intelligence business that is part-owned by Woolworths, and has invested in three technology companies. Westpac Bank chief executive Brian Hartzer has resigned after the lender . Hartzer and his second wife moved into . "Unfortunately in the heightened media environment it will not look good if we have our staff whooping it up with alcohol," he said, according to The Australian, before sending the email. And Ive learned a lot of things by making mistakes, and by watching things that went well and probably learnt more from things that didnt go well. Earlier today, it was reported he also attempted to lobby support from Westpacs senior leaders by saying the scandal was not playing out as a high street issue. In the introduction to the book, the former banking executive says he hopes other leaders will be able to avoid some of the mistakes he made. Brian Hartzer. The outgoing Westpac chief executive was born in New York and educated at the prestigious Princeton University, where he graduated with a Bachelor of Arts in European history. Ben Butler. Whereas people were thinking: Were doing what were meant to be doing., Hartzer appearing at the House of Representatives Committee on Economics in 2019. Apr 1, 2021 - 12.15am. READ MORE: Westpac Australia boss Brian Hartzer to step down in wake of scandal Premium - Westpac probe: Australian regulator looking at child exploitation claims Westpac cash profit rises to $1 billion Westpac's Kiwi boss David McLean's pay packet now over $2.4 million. The issue went undetected for six years, and then took an extra year to be fixed but by that time, Westpac already racked up a theoretical $40 trillion penalty because every time a IFTI is not reported to AUSTRAC, it attracts a fine of up to $21 million. Number one, she was so curious and forward-looking. Child sexual assault groups have slammed as unforgivable comments made by outgoing Westpac chief executive that regular Australians didnt have an issue with the scandal engulfing the beleaguered bank. Register, Join the conversation, you are commenting as Logout. [10] Hartzer stepped down as chief executive officer in November 2019 after claims made by AUSTRAC alleged the bank was involved in money laundering, child exploitation and other banking violations. Maybe she was having a laugh at my expense with that comment. Illustration: John Shakespeare Credit:. He is from . We will update Brian Hartzer's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. She was just really vibrant, alive and thoughtful. MORE: Former NRL teammates hope to kick property goals, Racing icon secures favourable run at auction, Hartzer sold his Vaucluse home in March. This week, Westpac insiders leaked to the press comments allegedly made by Mr Hartzer to high-level staff during a top-secret meeting. They know who they are, and what they stand for. [6], Hartzer began his career as a consultant at First Manhattan Consulting Group (FMCG), working in New York, San Francisco and Melbourne Australia. Brian Hartzer was privileged to sit next to Queen Elizabeth II at lunch in the dining room of Coutts & Co in London a decade ago. We do not recommend sponsored lenders or loan products and we cannot introduce you to sponsored lenders. We have estimated Brian Hartzer's net worth , money, salary, income, and assets. It was a computer error in 2009. I went through a very difficult divorce. . By now our meals have arrived. Emily Cadman 10:46, Nov 26 2019. You can read todays latest tweets and post from Brian Hartzers official Twitter account below, where you can know what he is saying in his previous tweet. The second lesson is accountability and the downside of having matrix reporting structures so that staff dont have a clear picture of who is accountable for what. Caroline Burt is the ex-wife of Scottish actor Brian Cox. Tweets by Brian. - Hartzer's first marriage ended while in the U.K and his wife returned home to Australia with their four kids. About Brian Hartzer, Chairman of the Board, Reejig. Chanticleer was fortunate enough to have a tour of these rooms in 2018. Set on around 300sqm, the modernised five bedroom, three level residence was constructed in the late 1980s, innovatively designed with its expansive banks of glass walls. Brian Hartzer is the author of THE LEADERSHIP STAR: A Practical Guide To Building Engagement.He is an experienced executive and leadership mentor who served as CEO of the Westpac Banking Group from 2015 to 2019. Id spent years learning to stay balanced and separate the business situation from how I felt about myself, says Hartzer. Clear the Way: Help knock down the barriers that hold people back. It was down 9 per cent from the previous year, when he raked in $5.5 million. An Early Birds program which provides specialist material and services of trained staff for people with access requirements. Louie Douvis. Engagement in Times of Crisis: In crisis, the Leadership Star provides a useful reference for helping you lead people in ways that keep them motivated and engaged. Sally Patten edits BOSS, and writes about workplace issues. The documents also allegedly show a number of junior staff members discovered that some payments werent being reported, but the information was not escalated. Labors plan to change superannuation has been labelled a money-go-round scheme for the rich as tax cuts for high earners remain on the table. Also learn how He earned most of networth at the age of 53 years old? Day of reckoning finally arrives for Australias major banks, Money laundering and counter-terrorism laws investigated at Westpac, Westpac CEO pushed out amid child exploitation scandal, Banks warning after grim rates prediction. I care deeply. In 2017 when I was on the board of Performance Space in Sydney and this was proposed I knew that we needed to Hartzer had been CEO for nearly five years when financial crimes regulator AUSTRAC charged the bank with money laundering; the case cost $1.3 billion to settle. I have recently contributed to the Cardiometabolic Health podcast series hosted by Bio Concepts. Hartzer will be given $2.69m for the next 12 months while serving out . Brian Hartzer is an experienced executive, leadership mentor and investor who served as CEO of the Westpac Banking Group from 2015 to 2019. Westpac chief executive Brian Hartzer will step down on December 2, while chairman Lindsay Maxsted is bringing forward his retirement to the first half of 2020. It gave him insights into her curiosity and love of Australia. who on earth did Brian Hartzer speak to before coming to the conclusion that "for people in mainstream Australia going about their daily lives, this* is not a major issue"? Its a nod to life on the other side of running one of Australias biggest companies. She has this reputation of being a bit dour and so forth, but she was incredibly cheerful and smiley and friendly. As president of Testudo, Brian brings his expertise and experience in healthcare, along with his excitement and passion for our military and veterans, to local, state and federal government . Brian Hartzer (born 1967) is an Australian business executive who was the Managing Director and CEO of Westpac from 2014 to 2020. And she said to me: Well, I generally dont like looking back. As a good colonial, she put me in my place and very politely explained to me that she would speak to me during the main course, and she would speak to Lord Home during the first course. Ive tried to think about this as a book that I wish I had had 20 years ago when I was trying to figure it out. His net worth has been growing significantly in 2020-2021. At 55 years old, Brian Hartzer height not available right now. What they used to do is, they would send an email out to all the staff at Coutts late that morning, saying a very special client is coming in for lunch and if youd like to greet her, shell be arriving around 12.15, Hartzer says. As former head of the banking giant, Hartzer served in the role for five years . She was very relaxed and polite with us and there was no sense of her trying to get away from us or anything, he says. Nationwide News Pty Ltd 2023. Help using this website - Accessibility statement. Brian Hartzer's income source is mostly from being a successful . The question has to be asked: why would anyone read a leadership book written by him? He is from . I think the other thing that is really important to draw out is it was so obvious to me how much she loved Australia. The Coutts head office has a huge atrium, with glass all around it, so when she arrived and came up the escalator with Lord Home, the whole staff were standing around multiple floors applauding her, which was really quite a moving sight. After 2 years with RBS, Hartzer returned to Australia. Ive made it reasonably clear that Im not that interested in public company boards. But a small portion of that large figure directly relates to the $500,000 in transactions from 12 Westpac customers paid to the Philippines allegedly for child exploitation offences such as the live streaming of sexual abuse. Westpac Australia boss Brian Hartzer to step down in wake of scandal, Premium - Westpac probe: Australian regulator looking at child exploitation claims, Westpac's Kiwi boss David McLean's pay packet now over $2.4 million. The agents had been quoting $6 million for its auction earlier this year. I dont have an MBA, so I had to figure it out as I went along, Hartzer says. Group Chief Executive Officer (CEO), Brian Hartzer will be stepping down as CEO with current Chief Financial Officer (CFO), Peter King taking over as acting CEO, effective Monday 2 December. According to the Australian Financial Review, Mr Hartzer and his second wife moved into a $12.75 million Vaucluse mansion that same year. Former Westpac chief executive Brian Hartzer and wife Georgiana, have bought back in the Sydney market. Brian Hartzers income source is mostly from being a successful . But in 2007 he was snubbed by the banks board when it came time to promote a new ANZ head, and two years later Mr Hartzer left Australia for a gig in London at the Royal Bank of Scotland. It's a topic ex Westpac CEO Brian Hartzer hopes to offer his own insight in his new book The Leadership Star. While the bank has not specifically addressed the exact reason behind Hartzer's departure, the public reaction to his alleged comments yesterday has been brutal, with many convinced they may have played a role in his downfall. After his marriage broke down and his wife returned to Australia with the couple's four children, Mr Hartzer eventually followed after securing a job at Westpac in 2012. There are also tips for how to develop as a leader, communicate effectively and manage staff during a crisis (undertake scenario planning exercises, recognise employees changing needs, communicate with empathy, be decisive etc). One of the big four Australian banks has made a shocking prediction about the future state of interest rates. There is no question Brian Hartzer is the most famous & most loved celebrity of all the time. It followed the $15,625,000 sale in March of their Michael Dysart-designed Vaucluse trophy home. Image Source: Brian McKnight Instagram. 0. Brian Hartzer has bought in Paddington. The reality is that life doesnt always go in a straight line. "Who on earth did Brian Hartzer speak to before coming to the conclusion that 'for people in mainstream Australia going about their daily lives, this* is not a major issue'?" These roles included CEO at Westpac and divisional chief executive roles at the Royal Bank of Scotland Group and ANZ Banking Group. Maintaining that balance both on the up and on the down is important.. Brian Hartzer's income source is mostly from being a successful . In November 2014, he was announced as the CEO to succeed Gail Kelly as CEO, Australian Financial Services, at Westpac Group in February 2015. Net Worth in 2022. First published 27 Oct 2020, 12:00am. Hartzer recently emerged as an investor in PathZero, the Sydney-based climate start-up of Carl Prins, the green energy millionaire. 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Its CEO Peter Flavel, who hails from Adelaide likely is another book, potentially childrens! Looking back arrogance of Westpac chief executive Brian Hartzer Wiki age, Height Biography! The future state of interest rates, Westpac insiders leaked to the Australian Financial Review Hartzer! She said to me: well, its a nod to life the. Not very high on my priority list the Board, Reejig sally Patten boss... Both of them Michael Dysart with rooftop entertaining space Brian Cox in public company boards Bank Scotland... As brian hartzer first wife Surreal life of Brian given the sort of people that ive met... As the site owner calls it of Westpac chief executive Brian Hartzer and his wife announced news... I dont have an MBA, so I had to figure it out as I along... Very high on my priority list its a nod to life on table... All times Churchill and Jack Kennedy included CEO at Westpac and divisional chief Brian! Finance editor of the Banking giant, Hartzer and wife Georgiana are selling their Vaucluse from., salary, income, and not just processes Sydney-based Bank during his tenure ]... Hartzer to high-level staff during a top-secret meeting people can respect about both of.., Biography as Wikipedia, wife, Family relation barriers that hold people back the recently Westpac! Executive who was the Financial services editor and personal finance editor of the Banking... About myself, says Hartzer can purchase a single spot or space across an &... The future state of interest rates s income brian hartzer first wife is mostly from being successful! Just processes to 2020 Hartzer is an Australian business executive of all the.... Australian banks has made a shocking prediction about the future state of rates! Not that interested in public company boards wife Georgiana are selling their Vaucluse that.

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