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  • Eureka Group Holdings (EGH) appoints Cameron Taylor as its new Chief Executive Officer, effective immediately
  • Mr Taylor has been the Chief Operating Officer since March 2019 and during this time, he led the company through financial and operational improvements
  • Murray Boyte will continue as Executive Chairman, working with the senior management team
  • Eureka shares are up 0.85 per cent, trading at 59.5 cents per share

Eureka Group Holdings (EGH) has appointed Cameron Taylor as its new Chief Executive Officer, effective immediately.

Mr Taylor has been the Chief Operating Officer since March 2019, during which time he led the company through a transformation period.

This resulted in improved financial performance and the establishment of an operating framework upon which Eureka is building a sustainable business.

Eureka is focused on providing quality and affordable accommodation for seniors and disability pensioners. The company has undertaken a cultural rest of business to enhance the “resident-first experience.”

Murray Boyte will continue as Executive Chairman, working with the senior management team to continue development and seeking growth opportunities.

Earlier this week, Eureka agreed to purchase a seniors’ rental village in Ipswich, southeast Queensland, for $6.5 million.

The village, dubbed Gainsborough, has full capacity for 106 relocatable homes, however, it currently includes 59 one and two-bedroom homes.

Eureka shares were up 0.85 per cent, trading at 59.5 cents at market close.

EGH by the numbers
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