The board of Ramsay Health Care Limited announced that after nine successful years as Managing Director and Chief Executive Officer, Mr. Chris Rex intends to retire this year, 2017. Mr. Rex assumed the role of Managing Director and Chief Executive Officer in 2008 after 13 years as Chief Operating Officer of Ramsay Health Care. The board has a comprehensive CEO succession process underway.

The board and Mr. Rex are committed to implementing an orderly transition to Mr. Rex's successor. Mr. Rex has confirmed that he will continue to lead the company until such time as this is achieved.