Bill Summers has announced his retirement as CEO of Domain Principal Aged Care.
Australia’s largest for profit aged care group has begun the search for a new chief executive.
Domain Principal announced that its Executive Director, Bill Summers has decided to retire as CEO of the group.
Mr Summers has agreed to remain on the Domain Principal board as a non-executive director.
The group’s chairman, Jack Ritch paid tribute to Mr Summers who established the Domain group in 2001.
“Bill has successfully built the Domain business from an original two facilities,” Mr Ritch said.
“He was instrumental in the merger of Domain and Principal to become Australia’s largest private provider of aged care.
“We are delighted that Bill will continue as a Director and the board [looks] forward to his continued input into the strategic direction of the group.”
Mr Summers said he was pleased to have been executive director of Domain Principal during a significant period of its history.
“I am delighted to have been involved in the successful merger of two industry leading aged care providers,” he said.
“I am proud of our achievements and with the final sites now integrated, I can continue my involvement in the industry as a director on the board.
“I have been supported by an excellent team of people throughout my time at Domain Principal.
“I would like to thank them all for their passion and diligence to providing outstanding care to Australia’s elderly.”
Mr Summers will continue in the role of executive director until a replacement has been found.
The Domain Principal group owns and operates 58 aged care facilities throughout Australia.