New Zealand / Business

New head of Oceania Heathcare appointed

09:52 am on 22 March 2021

The retirement village company Oceania Healthcare has appointed a new chief executive.

Photo: 123rf

The company has appointed its current chief financial officer, Brent Pattison to the top role effective immediately after his predecessor, Earl Gasparich, recently left the business to join its competitor Metlifecare.

Oceania chair Liz Coutts said the board was delighted to appoint Pattison as the next leader of the company.

"Brent has made a significant contribution to both the strategic direction and the performance of Oceania Healthcare over the last 15 months in his role as Chief Financial Officer.

"He has the full trust of both the Board and the Executive Leadership team and has built a strong reputation with the investment community."

The departing chief executive, Gasparich, had headed Oceania for seven years, during which it was floated on the stock exchange. His next role was as chief executive of a larger retirement village company, Metlifecare, following it's takeover by the Swedish investment firm EQT.

Before taking the role at Oceania, Pattison has worked as a an investment banker, including leading mergers and acquisitions, takeovers, and capital market transactions.

In 2017 he worked closely with Oceania on its IPO.

Pattison said he was honoured to take over the helm.

"I have been privileged to be part of the success of the company and am very excited to have the opportunity to lead our highly skilled team into our next stage of growth."