Generation Development Group (ASX:GDG) has announced significant leadership changes, effective January 1, 2025. Grant Hackett will step into the role of CEO, while Rob Coombe will become the Executive Chairman. These changes align with GDG's growth strategy for the coming years.
Generation Development Group (ASX:GDG) has announced leadership changes to support its growth strategy. Grant Hackett, who has been leading Generation Life Limited, will assume the role of CEO of GDG. Rob Coombe, who has been the Chairman since 2017, will transition to Executive Chairman, fostering a close collaboration with Hackett to drive strategic initiatives over the next 12 to 24 months. Felipe Araujo will take over Hackett's previous role at Generation Life Limited. The company aims to enhance its management team to boost growth and innovation. Employment terms for Hackett and Coombe emphasize performance-based incentives, aligning leadership goals with company objectives. These changes are expected to support GDG’s objectives and enhance shareholder value.
These appointments are aligned with GDG's growth strategy for the coming years. Mr. Hackett emphasized leveraging innovation and commitment to investors and shareholders as key goals in his new role.