Paragon Care Limited announced that Mark Simari has advised the Board of his intention to retire on 30th November 2022. This decision is to allow Mr. Simari to focus on his other and potentially new Board commitments. Mr. Simari was a Co-Founder, Chief Executive Officer and Managing Director of Paragon between February 2007 and January 2018 and was instrumental in Paragon Care becoming one of the largest independent healthcare suppliers in the Australian, New Zealand and Asian markets.

He has been a Non-Executive Director since November 2019 and is currently the Chair of the Audit & Risk Committee. The Company is not currently intending to replace Mr. Simari's position on the Board, especially given the additional two Directors recently appointed following the merger with Quantum Health Limited.