Ramsay Health Care

Ramsay Health Care Board Members

Michael S Siddle
Chairman
Appointed 27/05/14 (Appointed as a Director 26/5/75)

Mr Michael Siddle was appointed as Chairman of the Company on 27 May 2014, having formerly been Deputy Chairman for 17 years and a founding director. He has built up significant knowledge of the business and the private hospital industry after starting with the Company in 1968. Mr Siddle has extensive experience in the management of private hospitals and has been integrally involved in Ramsay Health Care’s successful expansion through construction, mergers and acquisitions. He serves as a member of the Company’s Remuneration Committee and is Chair of the Nomination Committee.

Mr Siddle was a director of Prime Media Group Limited, one of Australia’s largest regional television and radio operators, from April 1985 to November 2015.

Mr Siddle is also a trustee of the Paul Ramsay Foundation.

During the last three years Mr Siddle has also served as a director of the following listed company:

  • Prime Media Group Limited (Retired November 2015)
Peter J Evans FCA
Deputy Chairman
Appointed 27/05/14 (Appointed as a Director 29/12/90)

Mr Peter Evans was appointed as Deputy Chairman of the Company on 27 May 2014, having formerly served as a Non-Executive Director since his appointment to the Board in 1990. Mr Evans began working with Ramsay Health Care in 1969. He is a Chartered Accountant who was in public practice for over 20 years with predecessor firms of KPMG. He has specialised in the financial management of hospitals and has had extensive experience in the health care field for 45 years. Mr Evans is Chairman of both the Company’s Audit and Risk Management Committees and a member of the Remuneration Committee.

Mr Evans is also a trustee of the Paul Ramsay Foundation and has been actively involved with several other charitable organisations over many years.

During the last three years Mr Evans has also served as a director of the following listed company:

  • Prime Media Group Limited (Retired November 2014)
Christopher P Rex
Managing Director & CEO, Ramsay Health Care
Appointed 01/07/08

Mr Chris Rex has been Managing Director and Chief Executive Officer of Ramsay Health Care (Ramsay), since 1 July 2008 after serving 13 years with Ramsay as Chief Operating Officer prior to this appointment.

Mr Rex has played a key role in developing the Company’s excellent record in hospital management and his ability to run hospitals efficiently and effectively is widely acknowledged. Chris has been instrumental in setting Ramsay’s growth strategy, a strategy which has seen the Company’s revenues expand to over $8 billion and included the transformational acquisition of Affinity Healthcare in 2005 and Ramsay’s subsequent growth overseas in Europe, the UK and Asia. In addition to its market leading position in Australia, Ramsay is now the largest operator of private hospitals in France, and is ranked in the top five hospital operators in the world by revenue and market capitalisation.

In 2016, Mr Rex was named in the top 100 CEOs in the world by Harvard Business Review. In this list he was the top performing CEO in Australia with only two other Australian CEOs making the list.

Prior to joining Ramsay Health Care in 1995, Mr Rex worked as a manager in the public health service in the United Kingdom and subsequently moved into the private sector where he worked for BUPA, the UK’s largest Health Insurer. In 1988, he moved to Australia, as General Manager of Macquarie Hospital Services.

Mr Rex is the former President of the Australian Private Hospitals Association (APHA) the peak body representing private hospitals in Australia. he has also served as a Board member of the Schizophrenia Research Foundation and a Director of Football Federation Australia and Sydney FC.

Bruce R Soden B.Comm CA FAICD
Group Finance Director
Appointed 02/01/97

Mr Bruce Soden, a chartered accountant, is Group Finance Director and Chief Financial Officer of the Company, a role he has held since early 1997. Mr Soden is responsible for all financial operations and corporate governance functions of the business including treasury, banking and finance, legal and company secretariat, investor relations and group accounting and taxation. Over his extensive time with the Group, Mr Soden has led the company’s capital management strategy through many critical milestones including the acquisition of the privatised Department of Veteran Affairs hospitals Hollywood (1994) and Greenslopes (1995), Ramsay’s listing on the ASX in 1997, the company-transforming acquisition of Affinity Health Care in 2005 and all debt and equity raisings.

Since listing and under Mr Soden’s financial leadership, Ramsay’s enterprise value has grown from under $400 million in 1997 to in excess of $18 billion currently.

Mr Soden is also a member of the Board’s Risk Management Committee.

Mr Soden is a Director of Ramsay Générale de Santé, a publicly listed hospital operator in France in which Ramsay Health Care (UK) Limited has a controlling interest, and he is also a Director of Ramsay Sime Darby Health Care, the Company’s joint venture with Sime Darby.

Prior to being appointed Group Finance Director in 1997, Mr Soden was Finance Director and Chief Financial Officer of Ramsay’s operating entities. Prior to that he spent four years based in New Orleans as Director and Senior Vice President of Ramsay Health Care Inc, a listed US health care company.

Before joining Ramsay in 1987, Mr Soden was a financial consultant for a major global accounting firm for 11 years.

I Patrick S Grier AM MAICD
Non-Executive Director
Appointed 01/07/08

Mr Pat Grier has been employed as an executive in the private health care industry for more than 20 years. In June 2008, he retired as Chief Executive Officer of Ramsay Health Care Limited after joining the Company in 1988 and serving at the helm since 1994. During this time, he oversaw the successful float of Ramsay Health Care Limited on the Australian Stock Exchange in 1997 and growth in annual revenues from approximately $200 million to more than $3 billion (2008 financial year). He oversaw a series of successful transforming acquisitions which saw Ramsay Health Care Limited grow to become one of Australia’s most respected and largest private hospital operators.

Prior to joining Ramsay, he was with Hospital Corporation Australia.

He has served as both President and Chairman of the Australian Private Hospitals Association for over 10 years and sits on a number of industry committees. He has been one of the main architects of the balanced health care system in Australia and for his contribution to the health care sector was awarded the Order of Australia. Mr Grier served as an Executive Director on the Ramsay Health Care Board for 12 years and from 1 July 2008 continues as a non-executive Director.

Mr Grier was also a director of Careers Australia Group Limited until October 2013.

Mr Grier is a member of the Skin Cancer Network Advisory Board. He was previously Chairman of the Domain Principal Group.

During the last three years Mr Grier has also served as a director of the following listed companies:

  • Estia Health Limited (Chairman, Appointed November 2014)
  • Prime Media Group Limited (Retired November 2014)
Rod H McGeoch AO LLB MAICD
Non-Executive Director
Appointed 03/07/97

Mr Rod McGeoch is a past Chairman of Corrs Chambers Westgarth, a leading Australian law firm and has been a solicitor for 40 years. He was Chief Executive of Sydney's successful bid for the 2000 Olympic Games and served on the Sydney Organising Committee for the Olympic Games until November 1998. Mr McGeoch is also a past Chairman of Sky City Entertainment Group Limited.

Currently Mr McGeoch is Chairman of Vantage Private Equity Growth Limited and is also Deputy Chairman of the Sydney Cricket & Sports Ground Trust. Mr McGeoch also holds a number of honorary positions. In 1990 he was awarded Membership of the Order of Australia for services to Law and the Community and in 2013, also awarded an Officer of the Order of Australia for distinguished service to the Community through contributions to a range of organisations and to sport, particularly through leadership in securing the Sydney Olympic Games. Mr McGeoch is Co-Chairman of the Australian New Zealand Leadership Forum and is also a director of Destination NSW. In January 2013, Mr McGeoch was appointed Honorary Consul General of Luxembourg in Australia.

During the last three years Mr McGeoch has also served as a director of the following listed companies:

  • BGP Holdings Plc Malta and BGP Investment S.a.r.l Luxembourg (Appointed November 2009) (Currently Chairman)
  • Sky City Entertainment Group Limited (Appointed September 2002) (Resigned October 2014)
Kerry C D Roxburgh BCom MBA MESAA
Non-Executive Director
Appointed 03/07/97

Mr Kerry Roxburgh is a Practitioner Member of the Stockbrokers Association of Australia.

He is currently the Lead Independent non-executive Director of Ramsay Health Care Ltd, and a non-executive director of the Medical Indemnity Protection Society and of MIPS Insurance Ltd.

He is Chairman of Eclipx Group Limited and of Tyro Payments Ltd.

He is also a member of the Advisory Board of AON Risk Solutions in Australia.

In 2000 he completed a 3 year term as CEO of E*TRADE Australia (a business that he co-founded in 1997), becoming its non-executive Chairman until June 2007, when it was acquired by the ANZ Bank. Prior to this appointment he was an Executive Director of Hong Kong Bank of Australia Group (now HSBC Australia Ltd) where for 10 years from 1986, he held various positions including Head of Corporate Finance and Executive Chairman of the group’s stockbroker, James Capel Australia. Until 1986 Mr Roxburgh was in practice for more than 20 years as a Chartered Accountant.

Until 31 December 2015, he was Chairman of Tasman Cargo Airlines Pty Ltd and Deputy Chairman of Marshall Investments Pty. Ltd.

In addition to Ramsay Health Care Limited, during the last three years Mr Roxburgh also served as a director of the following listed companies:

  • Eclipx Group Limited (Appointed March 2015) (Currently Chairman)
  • Charter Hall Limited (Retired November 2014)
Patricia Akopiantz
Patricia Akopiantz BA MBA
Non-Executive Director
Appointed 28/04/15

Ms Patricia Akopiantz has over 30 years’ experience in consumer-facing businesses in Australia and overseas. She has been a non-executive director for the last 14 years and has served on numerous boards including Coles Group, AXA Asia Pacific and Energy Australia.

Previously, she was with McKinsey & Company where she helped lead the Retail and Consumer Goods Practice and advised a range of clients on strategy. Her executive career included roles as General Manager Marketing at David Jones and Vice President for an American apparel manufacturer. She has an MBA from Harvard Business School.

In addition to Ramsay Health Care, Ms Akopiantz currently serves as the Chairman of AMP Bank Limited and as a non-executive director on the Board of AMP Limited. She is also Chairman of AMP’s People and Remuneration Committee and a Member of AMP Limited’s Nominations and Governance Committee.

During the last three years, Ms Akopiantz has also served as a director of the following listed company:

  • AMP Limited (Appointed March 2011)
Margaret Seale
Margaret Seale BA FAICD
Non-Executive Director
Appointed 28/04/15

Ms Margaret (Margie) Seale is a Non-Executive Director and serves as a member of the Risk Management Committee. Ms Seale also has current directorships at Telstra Corporation Limited, Bank of Queensland Limited and Scentre Group Limited and is Chair of Penguin Random House Australia and New Zealand. She is a member of the Audit Committee for Telstra, a member of each of the Technology and Remuneration Committees for Bank of Queensland and a member of each of the Audit and Risk and Human Resources Committees at Scentre Group.

Ms Seale is a professional non-executive director with 25 years’ experience in senior executive roles in Australia and overseas in the global publishing, health and consumer goods industries, doing business in Asia and across multinational markets.  

In her most recent executive role, Ms Seale was Managing Director of Random House Australia and New Zealand and President, Asia Development for Random House globally. She stepped down from Random House in November, 2012. During her time at the helm, the publishing industry transitioned from an entirely print world to a mixed print and digital environment.  Prior to this she held national sales and marketing roles in a number of industries.

Ms Seale was educated at the University of Sydney.

During the last three years, Ms Seale has also served as a Director of the following listed companies:

  • Telstra Corporation Limited (Appointed May 2012);
  • Bank of Queensland Limited (Appointed January 2014); and
  • Scentre Group Limited (Appointed February 2016).

Group General Counsel & Company Secretary

John O'Grady
John D C O'Grady LLB FAICD
Group General Counsel & Company Secretary
Appointed 23/01/07

Mr John O’Grady has a background as a corporate and commercial lawyer and is admitted to practice in New South Wales. He is a Fellow of the Australian Institute of Company Directors (AICD). He has served as a non-executive director of a number of boards, including the Defence Housing Authority and the Major Events Board in South Australia. Prior to joining Ramsay in January 2007, he was in private practice with a strong corporate governance focus and experience in contract negotiation, finance and corporate law.

Mr O’Grady heads up the Global Legal team and has responsibility for coordinating Risk Management throughout the Group. He also provides input into all major acquisitions of the Ramsay Group globally and advises the Board and Executive on corporate governance.

Mr O’Grady also has Group responsibility for all company secretarial functions, including liaising with the ASX, ASIC and other regulatory bodies.


Management Structure

Management Team

Chris Rex
Christopher P Rex
Managing Director & CEO, Ramsay Health Care
Appointed 01/07/08

Mr Chris Rex has been Managing Director and Chief Executive Officer of Ramsay Health Care (Ramsay), since 1 July 2008 after serving 13 years with Ramsay as Chief Operating Officer prior to this appointment.

Mr Rex has played a key role in developing the Company’s excellent record in hospital management and his ability to run hospitals efficiently and effectively is widely acknowledged. Chris has been instrumental in setting Ramsay’s growth strategy, a strategy which has seen the Company’s revenues expand to over $14 billion and included the transformational acquisition of Affinity Healthcare in 2005 and Ramsay’s subsequent growth overseas in Europe, the UK and Asia. In addition to its market leading position in Australia, Ramsay is now the largest operator of private hospitals in France, and is ranked in the top five hospital operators in the world by revenue and market capitalisation.

In 2016, Mr Rex was named in the top 100 CEOs in the world by Harvard Business Review. In this list he was the top performing CEO in Australia with only two other Australian CEOs making the list.

Prior to joining Ramsay Health Care in 1995, Mr Rex worked as a manager in the public health service in the United Kingdom and subsequently moved into the private sector where he worked for BUPA, the UK’s largest Health Insurer. In 1988, he moved to Australia, as General Manager of Macquarie Hospital Services.

Mr Rex is the former President of the Australian Private Hospitals Association (APHA) the peak body representing private hospitals in Australia. he has also served as a Board member of the Schizophrenia Research Foundation and a Director of Football Federation Australia and Sydney FC.

Bruce Soden
Bruce R Soden B.Comm CA FAICD
Group Finance Director

Mr Bruce Soden, a chartered accountant, is Group Finance Director of the Company, a role he has held since early 1997. Mr Soden is responsible for all financial operations and corporate governance functions of the business including treasury, banking and finance, legal and company secretariat, investor relations and group accounting and taxation. Over his 25 years with the Group, Mr Soden has led the company’s capital management strategy through many critical milestones including the acquisition of the privatised Department of Veteran Affairs hospitals Hollywood (1994) and Greenslopes (1995), Ramsay’s listing on the ASX in 1997, the company-transforming acquisition of Affinity Health Care in 2005 and all debt and equity raisings.

Since listing and under Mr Soden’s financial leadership, Ramsay’s enterprise value has grown from under $400 million in 1997 to in excess of $12 billion currently.

Mr Soden is also a member of the Board’s Risk Management Committee.

Mr Soden is a Director of Ramsay Générale de Santé, a publicly listed hospital operator in France in which Ramsay Health Care (UK) Limited has a controlling interest.

Prior to being appointed Group Finance Director in 1997, Mr Soden was Finance Director and Chief Financial Officer of Ramsay’s operating entities. Prior to that he spent four years based in New Orleans as Director and Senior Vice President of Ramsay Health Care Inc, a listed US health care company.

Before joining Ramsay in 1987, Mr Soden was a financial consultant for a major global accounting firm for 11 years.

Craig McNally
Craig McNally
Group Chief Operating Officer

Mr Craig McNally is Group Chief Operating Officer having assumed this role in January 2015. Mr McNally has had a variety of roles and responsibilities in over 26 years with the Group following a number of years working in in both the public and private health sectors in Australia.

Mr McNally has led Ramsay's growth strategy through a period which has seen the company increase in size more than 10 times over the past decade. This included capacity expansion of the existing portfolio, greenfield developments and acquisitions, most significantly the company-transforming acquisitions of Affinity Health Care, Capio UK, Ramsay Santé, Ramsay Sime Darby and Générale de Santé.

Mr McNally has direct responsibility for Ramsay's UK and Asian operations and the overall Group Strategy as well as broader responsibilities across the group.

In July 2013 Mr McNally was appointed as a Director of Ramsay Sime Darby Health Care, a JV company which operates hospital throughout Asia, in which Ramsay Health Care has a 50% interest alongside its' partner Sime Darby (a Malaysian company).

In October 2014, Mr McNally was appointed as a Director of Générale de Santé, a publicly listed hospital operator in France in which Ramsay Health Care (UK) Limited has an interest.

Daniel Sims
Daniel Sims
Chief Executive Officer Ramsay Australia

Daniel Sims was appointed the Chief Executive Officer (CEO) of Ramsay Health Care's Australian operations on 1 January 2015. In Australia, Ramsay Health Care is the leading operator of private hospitals with 63 hospitals and 6 day surgeries. Prior to his appointment as CEO, Mr Sims was the Chief Operating Officer of Ramsay's Australian and Asian operations since 1 July 2008. In this role, he was ultimately responsible for the operating performance and strategic directions of Ramsay's hospital businesses in Australia, Indonesia and Malaysia.

Mr Sims started with Ramsay Health Care in 2003 after emigrating from the United States. He commenced with the Company as Group Financial Controller-Hospital Operations before moving to operational management as the New South Wales (NSW) State Operations Manager on 1 July 2006.

Prior to coming to Australia in 2003, Mr Sims was a health care financial executive for a variety of companies between 1990 to 2003, including Ramsay Health Care, Inc., a publicly-traded company specialising in inpatient and outpatient mental health treatment across the United States.

Prior to 1990, Mr. Sims worked as an auditor with Ernst & Young for nine years, specialising in audit services to hospitals.

Mr Sims has been a Board member of The Australian Private Hospital Association (APHA) since 2007. He is currently the Vice-President of the APHA and Chairman of the APHA Policy and Advocacy Task Force. Mr Sims is also a Board member of Ramsay Sime Darby Health Care.

Pascal Roché

Pascal Roché
Chief Executive Officer Générale de Santé


Mr Pascal Roché has been Générale de Santé Chief Executive Officer, the leading French publicly listed hospital operator, since June 2011. After Ramsay Health Care took interest in the company in October 2014, Mr Roché was appointed in charge of the merger of Générale de Santé with Ramsay Santé France and Chief Executive Officer of the future combined entity from June 2015.

Since 2011, he organized the 100+ Générale de Santé facilities in France in regional clusters for an improved healthcare coordination and better service to patients.

Mr Roché started his career in the consulting business from 1985 to 1991 and then held various senior executive positions in the insurance sector at Axa France from 1991 to 2002. From 2002 to 2010, he was Chairman and Chief Executive Officer of Barclays Bank France where he was also global head of three business lines between 2007 and 2011, covering 17 countries. In 2010-2011, he was appointed Chief Executive Officer of Barclays Spain.

Mr Roché graduated from HEC business school, and holds a Master in private law and a postgraduate in Economics and Organization strategy. He is also a qualified actuary.

Mark Page
Mark Page
Chief Executive Officer, Ramsay UK

Mark Page is the Chief Executive Officer of Ramsay Health Care's UK operations after being appointed to this position in December 2014. Ramsay UK is  one of the five largest operators of private health care in England and provides acute health services to both private and NHS patients.

Mr Page has 14 years senior management experience in the private health sector, eight as a hospital CEO across diverse settings throughout Australia. He was the CEO of Greenslopes Private Hospital for three years between 2011 and 2014, where he oversaw a $50m expansion of this 700 bed private teaching facility, including the commencement of a new obstetric service.

Prior to commencing at Greenslopes Private Hospital, Mr Page was the CEO of three Ramsay Health Care facilities in Cairns, (Cairns Private Hospital, Cairns Day Surgery and The Cairns Clinic) and the CEO of Melbourne's premier private obstetrics and gynaecology hospital - Frances Perry House.

Mr Page holds a Bachelor of Business (Accounting) from Queensland University of Technology.

He served as a Deputy Chairman of the Gallipoli Medical Research Foundation between 2011 and 2014.

In February 2015, Mr Page was appointed as a Director of Générale de Santé, a publicly listed hospital operator in France in which Ramsay Health Care (UK) Limited has an interest.

Dato' Louis Lyu Desheng
Dato' Louis Lyu Desheng
Executive Chairman of Ramsay Health Care China Region

Dato' Louis Lyu Desheng is an economist, an entrepreneur and a professor. He was conferred the title of Dato' by the King of Malaysia.

He is a former Group Executive Vice President and China CEO of the Sime Darby Group. Dato’ Louis has many years of experience in running large scale enterprises.

拿督 呂德勝 先生
澳大利
Ramsay 医疗健康集团中国区执行主席

拿督呂德勝先生是經濟學家,企業家, 教授。馬來西亞國家皇室拿督勛銜。

历任 马来西亚
Sime Darby
(森达美)
集團全球執行副總裁兼中國區CEO, 長期主持大型集團公司工作。

Bronte Kumm
Bronte Kumm
Chief Executive Officer, Ramsay Sime Darby

Bronte Kumm is the Chief Executive Officer of Ramsay Sime Darby after being appointed to this position in February 2015. Ramsay Sime Darby (a joint venture between Ramsay Health Care and Malaysian multinational conglomerate Sime Darby Berhad) operates three hospitals and a nursing and health sciences college in Malaysia as well as three hospitals in Indonesia. The joint venture provides a platform for further acquisition in the Asian health care sector.

Mr Kumm has 24 years of senior management experience in both public and private health sectors. Most recently, Mr Kumm has managed Ramsay Health Care’s portfolio of hospitals in Victoria and metropolitan New South Wales.

He holds a Masters in Health Science for Deakin University.

Paul Fitzmaurice
Paul Fitzmaurice
Group Chief Commercial Officer

Paul Fitzmaurice has over 16 years' service with Ramsay Health Care working in various senior financial and operational roles including as Group Executive, Corporate and Commercial Operations; Group Financial Controller, Operations; and Group Corporate Services Manager.

Mr Fitzmaurice is currently Ramsay's Chief Commercial Officer. His primary responsibilities are to leverage the scale of Ramsay's global business particularly in areas such as procurement; product sourcing and pharmacy management and to identify and share operational best practice from around the Group.

His direct accountabilities include oversight of Ramsay's international procurement office based in Singapore; global supplier contracting and product compliance management as well as direct product sourcing including oversight of Linear Healthcare Group. He also has oversight of Ramsay Pharmacy Services (RPS) which comprises over 35 hospital-based pharmacies and has a developing commercial and retail pharmacy presence.

With extensive financial and operational expertise Mr Fitzmaurice also plays a significant role in developing vertical integration strategies on behalf of the Group and takes a lead in Global business improvement and performance benchmarking activities.

Mr Fitzmaurice was a member of the Commonwealth Prostheses List Advisory Committee (formerly PDC) from 2009 to 2014, responsible for the setting of benefit levels for prostheses supplied into the Australian Private Healthcare Sector. He is a Director of PT Affinity Health Indonesia and Ramsay Sime Darby Health Care, Malaysia.

Mr Fitzmaurice holds a Bachelor of Business (Accounting) and is a Certified Practicing Accountant (CPA)

Carmel Monaghan
Carmel Monaghan
Group Chief of Staff

Ms Carmel Monaghan is Ramsay Health Care's Chief of Staff, following her appointment to this position in January 2015. In this role she is responsible for planning and directing the administrative, operational and strategic activities of the Office of the Chief Executive Officer. She is also responsible for the Company's global marketing strategy; brand management; public affairs; communications; and corporate social responsibility agenda.

Ms Monaghan joined Ramsay Health Care in 1998 and has directed the marketing strategy and communications of the Company through a time of several major mergers and acquisitions both within Australia and overseas, which has seen the Company grow from 12 facilities to over 200 and become one of the top five hospital operators in the world.

During this time she has served in a variety of roles including most recently as Ramsay's Global Head of Marketing and Public Affairs since 2002, responsible for the coordination of the Company's marketing activities across the world and ensuring they aligned with improvement in business performance.

Prior to joining Ramsay Health Care, Ms Monaghan was the Manager Public Relations and Media for the Queensland Branch of the Australian Medical Association (AMAQ) for four years between 1994 and 1998.

Ms Monaghan holds a Bachelor of Business (Communications) from Queensland University of Technology and completed a Master of Business Administration in 2002.

She was a Board member of the Veterans' Research Foundation between 1998 and 2005 and is currently a Director and Company Secretary of the Gallipoli Medical Research Foundation, a role she has held since the Foundation’s inception in 2005.

In April 2016, Ms Monaghan was appointed as a Director of Générale de Santé, a publicly listed hospital operator in France in which Ramsay Health Care (UK) Limited has an interest.