The Region Group Ltd (ASX: RGN) share price is in focus today after the company announced a leadership transition, naming Greg Chubb as its new Chief Executive Officer and Managing Director, starting 9 March 2026. Outgoing CEO Anthony Mellowes will stay on until Greg begins in the role.
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What did Region Group report?
- Greg Chubb to become CEO and Managing Director from 9 March 2026
- Anthony Mellowes to step back from day-to-day operations on 8 March 2026
- Mellowes to remain with the company until 31 May 2026 to support the transition
- ASX announcement confirms Board authorisation of the succession plan
What else do investors need to know?
The Board has confirmed that Anthony Mellowes will assist with handover during his remaining tenure, aiming for a smooth leadership transition. This change forms part of a planned succession, as announced in September 2025, with no disruption expected to daily business operations.
Region Group emphasises its commitment to keeping investors updated on leadership changes and assures that Greg Chubb's experience aligns with its ongoing strategy.
What's next for Region Group?
With Greg Chubb set to take the reins in March, Region Group is focused on ensuring a seamless leadership transition. The company expects business to continue as usual during the changeover, with ongoing support from Anthony Mellowes.
Investors can look forward to hearing more about Greg's vision for Region Group closer to his official start date. The company will update the market as further details emerge.
Region Group share price snapshot
Over the past 12 months, Region Group shares have risen 10%, running ahead of the S&P/ASX 200 Index (ASX: XJO) which has risen 6% over the same period.
