Friday, 26 April 2024

Announcement

GENERAL: ABA: Changes in Abano''s Dental Group

07 Feb 2013 14:56NZX
Abano Healthcare Group Limited today advised recent changes and appointments
within its dental group, which consists of Dental Partners, in Australia, and
Lumino the Dentists, in New Zealand.

Dental Partners

After almost five years at the helm, the employment of Dental Partners''
Managing Director and CEO, Mike Timoney, has come to an end.

During his tenure, Mike Timoney was responsible for taking Dental Partners
from an idea to a very profitable and successful national business, with
annualised gross revenues approaching A$100 million, and over 700 people
employed across Australia.

Managing Director of Abano Healthcare Group and Chairman of Dental Partners,
Alan Clarke, said: "Abano Healthcare Group and the Board of Dental Partners
recognise Mike Timoney''s considerable entrepreneurial skills and thank him
for his leadership over the past five years. Mike leaves with our thanks and
we wish him every success in his new ventures. He will continue to retain an
interest in Dental Partners through his shareholding in Abano Healthcare
Group."

During Mike Timoney''s tenure, a strong leadership team was established.
Malcolm Lean, the Chief Financial Officer, has been appointed General Manager
to co-ordinate the day to day decision making of the executive leadership
team, consisting of Dr Tony Bubear (Clinical Director), Cathy May (General
Manager Operations), Sophie Harmsworth (Head of Acquisitions) and Melanie
Funk (Human Resource Manager), with Alan Clarke who will act as Executive
Chairman.

Alan Clarke said: "Abano''s 100% owned trans-Tasman dental group, of over 138
dental practices, is growing at a rate of approximately one acquisition every
two weeks. With this growth, there continues to be further opportunities for
us to apply clinical best practice and realise trans-Tasman synergies.

"We work in partnership with our dentists, who are at the core of all our
development strategies and help develop our dental group''s practice, culture
and values. The recent full time appointment of Dr Tony Bubear as Dental
Partners'' Clinical Director and Chair of the Clinical Advisory Committee,
reinforces this philosophy. Dr Bubear, who will also be appointed as a
Director of Dental Partners Pty Limited, is a highly respected Canberra
dentist who has moved to Southport, Queensland to take up this senior
leadership and clinical advisory role within Dental Partners head office.

"Dr Derry Rogers, a founding shareholder in Dental Partners and a highly
respected international lecturer and cosmetic restorative dentist from
Melbourne, is taking a clinical leadership role for Dental Partners in
Western Australia, to support our entry into this newly emerging market."

Lumino the Dentists

In New Zealand, Dr Andrea Shepperson has been appointed Chair of the Lumino
Clinical Advisory Board, succeeding the founding Chair, Dr Allen Baker, who
will continue to practice within the Lumino group.  Dr Shepperson is a
practicing dentist in Auckland with a widely recognised cosmetic and
restorative practice as well as a growing reputation as an international
speaker and teacher.

Alan Clarke said: "Abano''s success over the last thirteen years has been to
co-invest with clinical partners and highly experienced professional
clinicians, be they Radiologists, Pathologists, Dentists, Orthotists or
Audiologists. It is important that our clinicians continue to take a
leadership role in setting our values, behaviour and culture, and we are
pleased to announce these recent appointments within the dental group."

ENDS
End CA:00232718 For:ABA    Type:GENERAL    Time:2013-02-07 14:56:42
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