The publicly listed mutual, which provides retirement living, residential aged care and home care services, has announced that Managing Director and CEO Rohan Mead will retire at the end of 2025.

Under his leadership, Australian Unity has built a diversified portfolio of businesses with a common theme of supporting the health, wealth and care needs of members and customers.

Group revenue has grown from $400 million to $2.3 billion under Rohan's tenure, while employees have increased from 1,300 to 10,000. Today, Australian Unity has more than 370,000 members and 700,000 customers.

With Rohan at the helm, the group undertook more than a dozen acquisitions, including Home Care NSW in 2016 and myHomecareGroup in 2024. Australian Unity is now the largest provider of home care services in Australia.

In the 1H of FY25, Australian Unity's revenue grew by 35% to $1.3 billion and Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) rose 30% to $58 million on the back of the myHomecare acquisition.

“It has been a joy and privilege to serve as Australian Unity’s Managing Director, I am humbled by, and proud of, having worked with such capable and committed colleagues in delivering valued services for our members and customers," Rohan said in a statement. 

Rohan's leadership was instrumental in reforms to the Corporations Act that allowed mutuals to issue Mutual Capital Instruments without demutualising. 

The outgoing CEO recently warned that Australia's health system is about to be overwhelmed by the ageing population, telling the Australian Financial Review it will "present as crises of bed blockers, absence of aged care beds and facilities, too few doctors, ambulance ramping etcetera".

Australian Unity is now recruiting for Rohan's replacement.