Ryman appoints new Group Chief Financial Officer

ADMIN

Mon, Jul 31 2023 08:30 am

MEDIA RELEASE 31 July 2023

Ryman appoints new Group Chief Financial Officer

Ryman Healthcare is pleased to announce the appointment of Rob Woodgate as its new Group Chief Financial Officer.

Rob is an accomplished senior finance leader with international experience across a range of industries.

He joins Ryman from Trans-Tasman construction and infrastructure provider Fulton Hogan where he is Group CFO. He has spent the last seven years leading the finance, treasury, risk, IT and shared service functions for the Group, and during this time has led major acquisitions, overseen several change initiatives, and was instrumental in driving the Group’s sustainability strategy.

He has also held roles across NZX-listed entities, co-operatives and private companies, including PGG Wrightson Limited and Silver Fern Farms Limited.

Rob is a Chartered Accountant and a Member of the New Zealand Institute of Directors.

“Ryman is delighted to welcome Rob as our new Group CFO. He has a strong track record as a senior finance leader and brings a wealth of experience to the role at a pivotal time for the business,” said Richard Umbers, Group Chief Executive Officer at Ryman.

Outgoing Ryman interim Chair Claire Higgins also expressed her delight that Rob Woodgate has accepted the position, adding “he is clearly a talented and experienced CFO who is very well placed to assist on the execution of our strategy.”

Ms Higgins noted that the incoming Chair of Ryman, Dean Hamilton, is also Chair of Fulton Hogan. Ms Higgins stated that "the Ryman board has followed a strict conflict management process." Mr Hamilton said "whilst I haven't been involved in the process, I am fully supportive of Ryman appointing Rob as Group CFO."

Rob will start in the Group CFO role mid-November and succeeds David Bennett, who as previously announced, will transition to the role of Chief Strategy Officer.

About Ryman:
Ryman Healthcare was founded in Christchurch in 1984 and owns and operates 45 retirement villages in New Zealand and Australia. Ryman villages are home to 13,900 residents, and the company employs 7,200 staff.

Contacts:
For investor relations information contact Hayden Strickett, Head of Investor Relations, on 027 303 1132 (+64 27 303 1132) or email [email protected].

For media information or images contact Silke Marsh, Group Corporate Affairs Manager, on 027 294 3609 (+64 27 294 3609) or email [email protected].