Radius Care - Director Resignation

ADMIN

Fri, Feb 25 2022 09:16 am

25 February 2022

Radius Care - Director Resignation

Radius Residential Care Ltd (NZX: RAD) advises that Tim Sumner has resigned as a director, effective today Friday 25 February 2022.

Tim has taken a senior role with KPMG in San Francisco and this position precludes him from holding any external directorships.

The Board would like to thank Tim for his significant contributions over the last seven years at Radius. This has included assistance to the finance team recently whilst recruitment for a Chief Financial Officer is undertaken.

The Radius Care Board will start a search for a new independent director. This appointment will increase the number of independent directors from two to three.

Ends.

For further information, please contact:
Brien Cree
Executive Chair and Managing Director
Phone: +64 21 955 769
Email: [email protected]

About Radius Care
Radius Care was founded in 2003 and operates in the New Zealand aged care and retirement village sectors. It is a nationwide provider offering the full range of accommodation and care options giving residents the ability to "age in place". Today, Radius Care operates 23 aged care facilities, of which it owns eight and leases 15. It also owns and operates three retirement villages and an online shop for specialist assisted-living products. The company employs over 1,600 people, including highly qualified healthcare staff who are committed to providing the very best in nursing care. Radius Care listed on NZX in December 2020. For more information visit radiuscare.co.nz or check out our Facebook page @RadiusCareNZ.