Arcare outlines succession plan

The group has announced a new deputy CEO who will step into the role of CEO next year.

Melbourne-based provider Arcare has unveiled details of a succession plan aimed at continuing its successful growth strategy from the past decade.
The group’s chief financial officer, Colin Singh has been appointed deputy CEO in preparation for an elevation to the role of CEO next year.

Current CEO, Mal Humphries will move into a broad role overseeing potential mergers and acquisitions.

“This will allow Arcare to retain Mal’s knowledge, experience and input as the directors of Arcare will utilise his skills at the board table supporting Arcare with broader business directions,” said the chairman of Arcare, Ian Ball, in a letter.

“On behalf of the board of directors, I express our appreciation, confidence and pride in what has been a positive, productive and successful decade of development by the Arcare Management Team at all levels.

“We are aware of the pressures continuous growth places upon all staff and highly value their outstanding achievements.”
Mr Ball also commended chief operating officer, Kay Foster who played a pivotal role in the organisation’s growth since joining it in 2001.

Over the next six months Mr Humphries will lead Mr Singh through a transition period.

Since its formation in 2000, Arcare has developed 12 new facilities and in Victoria and Queensland.

“The board looks forward with enthusiastic expectation to the decade ahead as Arcare further consolidates its position in the aged care sector as a national provider of quality aged care, serving our residential care and community care clients through a great staff community,” Mr Ball said.

See the cover story of the July/August issue of Australian Ageing Agenda for more details about Arcare’s growth over the past 10 years. 

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