The Region Group Ltd (ASX: RGN) share price is in focus today after the company announced a leadership transition, naming Greg Chubb as its new Chief Executive Officer and Managing Director, starting 9 March 2026. Outgoing CEO Anthony Mellowes will stay on until Greg begins in the role.
What did Region Group report?
- Greg Chubb to become CEO and Managing Director from 9 March 2026
- Anthony Mellowes to step back from day-to-day operations on 8 March 2026
- Mellowes to remain with the company until 31 May 2026 to support the transition
- ASX announcement confirms Board authorisation of the succession plan
What else do investors need to know?
The Board has confirmed that Anthony Mellowes will assist with handover during his remaining tenure, aiming for a smooth leadership transition. This change forms part of a planned succession, as announced in September 2025, with no disruption expected to daily business operations.
Region Group emphasises its commitment to keeping investors updated on leadership changes and assures that Greg Chubb’s experience aligns with its ongoing strategy.
What’s next for Region Group?
With Greg Chubb set to take the reins in March, Region Group is focused on ensuring a seamless leadership transition. The company expects business to continue as usual during the changeover, with ongoing support from Anthony Mellowes.
Investors can look forward to hearing more about Greg’s vision for Region Group closer to his official start date. The company will update the market as further details emerge.
Region Group share price snapshot
Over the past 12 months, Region Group shares have risen 10%, running ahead of the S&P/ASX 200 Index (ASX: XJO) which has risen 6% over the same period.Â
The post Region Group names Greg Chubb as new CEO and Managing Director appeared first on The Motley Fool Australia.
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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended Region Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.
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