PEXA Group Limited's Operating Model Changes Announcement

PEXA Group Limited (ASX: $PXA) has revealed a revised operating model aimed at enhancing regional accountability and simplifying its customer value proposition. The changes, set to take effect from April 8, 2024, include the creation of UK and AU country heads, supported by Group enterprise services, as part of PEXA's Productivity Enhancement Program.

Executive Commentary on Operating Model Changes

The creation of UK and AU country heads, along with the support from Group enterprise services, is a strategic move to drive greater regional accountability and simplify our customer value proposition. This is part of PEXA's Productivity Enhancement Program, which is designed to deliver strong financial performance through disciplined execution. The new model will enable us to enhance our financial management, capital allocation, and enterprise support, ultimately contributing to the growth and leadership of our businesses in both the UK and AU markets.

Summary of PEXA Group's Operating Model Changes

PEXA Group Limited (ASX: $PXA) has announced a revised operating model focused on driving greater regional accountability and simplifying the customer value proposition. The changes, set to be implemented from April 8, 2024, include the appointment of UK and AU country heads, supported by Group enterprise services, as part of the Productivity Enhancement Program. The new model aims to enhance financial management, capital allocation, and enterprise support, with a focus on driving growth and leadership in the UK and AU markets. This strategic move aligns with PEXA's commitment to delivering strong financial performance through disciplined execution and underscores the Group's dedication to improving its customer value proposition.