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ASX 200 update: Healius Chairwoman Jenny Macdonald to retire

Published 27/11/2023, 11:57 am
© Reuters

Investing.com - Healius Ltd (ASX:HLS), the healthcare company, has announced that its chairwoman, Jenny Macdonald, will not be seeking re-election at the company's annual general meeting (AGM) on Tuesday. Macdonald will retire at the conclusion of the AGM, as stated in a company press release.

In her statement, Macdonald stressed the importance of having a chair who enjoys the full backing of shareholders. In light of this, she decided to step down and not seek re-election, believing this decision to be in the company's best interests. The board has appointed Kate McKenzie, a current board member, as the interim chair.

In other corporate news, Jennifer Westacott, the former chief executive of the Business Council, has been appointed as the chairwoman of the $460 million ASX-listed philanthropic organization, Future Generation Global Investment Company Ltd (ASX:FGG). Westacott plans to use her new position to advocate for additional government incentives to stimulate investment and giving.

Caroline Gurney, the chief executive of Future Generation Global, expressed her enthusiasm for engaging with the government to explore the possibility of attaching tax incentives to models like theirs to promote both saving and giving.

In insurance news, Qbe Insurance Group Ltd (ASX:QBE) has reaffirmed its projection of approximately 10% growth in gross written premium for the financial year 2023. The general insurer predicts a group combined operating ratio of around 94.5%. The last recorded trading price for QBE was $15.30 per share.

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