Ryman Healthcare appoints new CEO

Ryman Healthcare appoints new CEO

Ryman Healthcare (Ryman) has announced the appointment of Naomi James as its new Chief Executive Officer, commencing 4 November 2024.

Executive Chair Dean Hamilton said “We are delighted to appoint Naomi to the CEO role. Naomi brings extensive trans-Tasman commercial experience to the company through previous senior leadership roles. Naomi was most recently the CEO of NZX-listed Channel Infrastructure where she successfully led a significant change program of the company and the New Zealand fuel industry through a complex stakeholder environment involving government, customers, over 1,000 employees and contractors, local community, iwi, investors and lenders.”

Prior to her role at Channel Infrastructure, Ms. James held senior operational and strategy roles at ASX-listed companies Santos and Arrium. Ms. James also brings healthcare and governance experience having previously been a non-executive Board member of Central Adelaide Health, an operator of two major public hospitals.

“Naomi brings experience leading people, asset and regulatory intensive industries in both NZ and Australia, with a focus on business improvement, asset management, health and safety and growth. The Board believes that Naomi’s experiences across NZ and Australia will support her in making a significant contribution to the value Ryman delivers for our residents, team members and shareholders,” said Mr. Hamilton.

Executive Chair Dean Hamilton will work with Ms. James through November to manage the transition including the release of Ryman’s half year results (scheduled for 28 November) before returning to the non-executive Chair role.

Naomi said, “I’m excited by the opportunity to lead such an iconic and purpose-driven company as Ryman. I fully believe in the opportunity we have to continue to provide great care for our residents, while also being an employer of choice for our team members and delivering strong financial returns for our shareholders. The Board has begun the process of financial improvement, and I look forward to building on that with the team and helping reaffirm Ryman as a world-class retirement and aged care company. I am looking forward to visiting our villages and meeting residents and our teams when I start the role in November.”

ENDS

About Ryman:
Ryman Healthcare was founded in Christchurch in 1984 and owns and operates 49 retirement villages in New Zealand and Australia. Ryman villages are home to 14,600 residents, and the company employs 7,700 staff.

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

For media information or images contact Camille Middleditch on 028 422 3472 or [email protected]

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Announcement PDF