The Regis Healthcare Ltd (ASX: REG) share price is in focus today after the company announced the appointment of Andrew Kinkade as its new Managing Director and Chief Executive Officer. Kinkade joins Regis with an extensive leadership background in aged care, healthcare and finance.
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What did Regis Healthcare report?
- Appointment of Andrew Kinkade as new Managing Director & CEO, commencing 20 July 2026
- Total fixed remuneration of $900,000 per annum, inclusive of superannuation
- Short Term Incentive of up to 50% of TFR and Long Term Incentive of up to 100% of TFR, subject to performance
- Sign-on equity award of $1.6 million in Performance Rights, subject to shareholder approval
What else do investors need to know?
Andrew Kinkade brings more than 20 years of experience across aged care, healthcare, private equity, and investment banking, most recently serving as Managing Director at Bupa Villages & Aged Care. He has been recognised for leading operational and cultural transformation, driving both growth and improved care standards.
Kinkade replaces Dr Linda Mellors, who will complete her notice period in June after leading the company for over six years. The board expressed its appreciation for Dr Mellors' significant contributions and steady leadership throughout her tenure.
What's next for Regis Healthcare?
Kinkade's appointment signals a focus on operational transformation and strengthening Regis's position in Australia's aged care sector. The Board noted his track record of leading growth in regulated, people-focused businesses, which aligns with Regis Healthcare's strategic objectives.
Shareholders will vote on key elements of Kinkade's remuneration package, including his sign-on equity award, at the upcoming Annual General Meeting. The company expects a smooth transition and ongoing delivery on its growth plans.
Regis Healthcare share price snapshot
Over the past 12 months, Regis Healthcare shares have declined 2%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 8% over the same period.
