Chief Executive Officer Announcement

7 Dec 2018

The directors of the Paul Ramsay Foundation wish to announce some important changes.

Professor Glyn Davis AC will be joining the Foundation as Chief Executive Officer on 29 January 2019. Glyn recently stepped down after almost 14 years in the role of Vice Chancellor of Melbourne University. We are delighted to welcome Glyn to the new role.

The directors also want to warmly recognise the accomplishments of Mr Simon Freeman in his dual roles of CEO of the Foundation as well as Chief Financial Officer of Paul Ramsay Holdings. Simon was appointed CFO of Paul Ramsay Holdings in 2010 by Mr Ramsay to manage his family office and investments. He has performed this role with distinction since that time. After Mr Ramsay passed away in 2014, Simon was asked to also take on the role of CEO of the Paul Ramsay Foundation, a role he has also performed with distinction.

Simon has guided both organisations for almost five years completing both the complex process of restructuring Holdings following Mr Ramsay passing away and the establishment of the largest charitable foundation in Australia and one of the 50 largest in the world. Each of these roles represented a significant leadership challenge and Simon has carried out both with dedication and skill.

The Foundation has achieved many milestones under Simon’s leadership, including the establishment of an outstanding team of executives; development of a clear, focused, multi-year strategic plan; and the commitment of over $200 million of funding to community organisations in our focus areas of health and education. The impact of this funding is already being felt in changing the lives of Australians living in disadvantage. This impact will continue to grow in the years to come. In addition, on 5 December the Federal Senate passed a bill that includes the specific listing of Paul Ramsay Foundation. This is a very significant milestone and another important outcome achieved during Simon’s leadership of the organisations.

Simon announced on 30 November he has taken the decision to step down from both roles. His skill and leadership will be sorely missed, but after lengthy discussions the directors have accepted this outcome and wish Simon every success in his next career. We have no doubt that he will continue to contribute and succeed, and we wish to sincerely thank Simon for all he has accomplished.