A new CEO is expected to take over in late August
The chief executive officer (CEO) of global healthcare company Orion Health, Ian McCrae, is stepping down after 30 years in the position.
In an announcement from the company, McCrae will step down in late August, saying that the "time is right to step back and focus on his health," as well as move forward in the next phase of the business.
He will step down as CEO in late August, according to the announcement, but will remain in the company as an executive director focusing on products.
Meanwhile, replacing McCrae is Brad Porter, who is described by the outgoing CEO as a "leader with vitality, passion, and experience needed to achieve the company's significant global growth goals."
"Orion Health isn't a typical global healthcare company. We're better described as a pack of start-ups, doing everything we can to solve the most pressing problems in healthcare with ground-breaking new technology," said McCrae.
The outgoing CEO also stressed that as his son-in-law, he and Porter have "grown to understand each other," adding that the upcoming CEO "knows what makes Orion health tick."
"Orion Health has always been a proud family business, a sense of whānau is at the heart of our company values," said McCrae. "As my son in law, we have grown to understand each other and Brad knows what makes Orion Health tick and he has helped me to develop our strategy for the future."
"Brad is an inspiring leader. He brings a wealth of experience in global sales while closely aligning top local research and development. A perfect match for what we do at Orion Health," said McCrae.
Porter, meanwhile, expressed his excitement in joining the Orion Health team.
"Orion Health has the world’s number one digital health platform and is innovating game-changing new technology like the Digital Front Door which puts people at the heart of healthcare. I can't wait to join the immensely talented team and lead the next revolution of healthcare," said the upcoming CEO.
Porter is currently the General Manager Commercial (International Sales) at Fisher & Paykel Healthcare. Prior to this, he also worked for KPMG and at the Coller Capital.