Estia Health CEO Ian Thorley is set to depart the role after nearly four years, to be replaced by Deputy CEO and Chief Operating Officer Sean Bilton (above) as CEO and Managing Director.
Ian (below), who was appointed CEO in 2018, helmed the company through issues such as COVID-19 and the Royal Commission; Estia’s Chair, Dr Gary Weiss AM, thanked him for his contributions.
“In particular, I would like to acknowledge the manner in which Ian has guided the company through the extraordinary times that the sector has experienced during his period as CEO,” he said.
Dr Weiss congratulated Sean on his appointment, describing him as a strong internal candidate and an “integral part of the Estia Health Executive team” since 2018.
“During this period Sean has managed the operations of the Company in an exemplary manner and has demonstrated all the skills to guide Estia Health through its next phase, a period of significant change as the Government implements a significant reform agenda in response to the outcome of the Royal Commission.
“Sean brings extensive commercial and strategic experience in aged care to the Estia Health CEO role, including the integration and management of large-scale aged care businesses in senior executive roles at Opal HealthCare prior to joining Estia Health,” he said.
Estia posted an $8.1 million loss in its half yearly results in February this year.