Ryman Healthcare CEO Richard Umbers resigns over lower new sales volumes and resale margins.

Ryman Healthcare CEO Richard Umbers resigns; Chairman Dean Hamilton to act as Executive Chair. New Zealand-based retirement village operator cites lower new sales volumes and margins on resales as reasons for Umbers' departure. The company has paused developments or sold land at five sites in New Zealand and Australia due to challenging housing market conditions.

April 21, 2024
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