Primary Health Care CEO Resigns Following Leighton Allegations
13 Gennaio 2017 - 8:02AM
Dow Jones News
By David Winning
SYDNEY--Primary Health Care Ltd. (PRY.AU) said Peter Gregg had
resigned as chief executive after he was charged by the securities
regulator with allegedly falsifying documents during his time as an
executive of Leighton Holdings, now Cimic Group Ltd. (CIM.AU).
In a statement late Friday, Primary said Mr. Gregg would remain
in the role until a successor was found, with the company looking
at candidates internally and externally.
On Tuesday, the Australian Securities and Investments Commission
said Mr. Gregg is due to appear in a Sydney court on Jan. 31.
Primary said at the time that Mr. Gregg has denied the allegations,
which date to his tenure at Leighton in 2011.
"Peter has done an excellent job as Primary's CEO and has
successfully led the company through a significant period of change
and transformation over the past two years," said Rob Ferguson,
Primary's chairman. "Under Peter's leadership, Primary has repaired
its balance sheet, divested non‐core assets, developed new
offerings for healthcare practitioners and begun diversifying
revenue streams."
Write to David Winning at david.winning@wsj.com
(END) Dow Jones Newswires
January 13, 2017 01:47 ET (06:47 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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