Privately owned Perth company APM has established a powerful advisory board ahead of a likely ASX listing, with new appointments led by Ben Wyatt and Nev Power.
Privately owned Perth company APM has established a powerful advisory board ahead of a likely ASX listing, with new appointments led by Ben Wyatt and Nev Power.
A third addition is Lisa Paul, who has returned to the advisory board after an 18-month stint in 2016 and 2017.
APM has also bolstered its executive team to support its expansive operations, which include 7,000 people across 10 countries and annual revenue of about $1 billion.
The new appointments come one month after APM signed up investment bank Goldman Sachs and law firm Gilbert + Tobin to assess what is likely to be one of WA’s largest stockmarket floats.
Mr Power has joined the advisory board of APM with a view to joining the company's full board should APM complete an ASX listing.
The full board currently represents APM’s owners, notably Perth-based company founder Megan Wynne and US-based private equity group Madison Dearborn Partners.
Mr Power is currently chair of Perth Airport and Royal Flying Doctor Services and was CEO of iron ore miner Fortescue Metals Group.
He was also the chair of the federal government’s National COVID-19 Commission Advisory Board.
Mr Wyatt and Ms Paul have just joined the advisory board, with no advice from APM on whether they will join the full board.
Mr Wyatt has rapidly become one of WA’s most senior company directors since retiring from the WA parliament and as WA treasurer in March.
He has subsequently joined the boards of Rio Tinto and Woodside Petroleum, along with the West Coast Eagles and Telethon Kids Institute.
In addition, it was announced today (Wed 22 September) that he has joined the board of the Perth Festival.
Ms Paul was secretary of various federal government departments between 2004 and 2016 and is currently the chair of Headspace.
The three new appointees join two existing members of the advisory board.
Therese Rein previously owned Ingeus while Damian Banks previously ran Konekt, both of which were acquired by APM.
In other moves, Uschi Schreiber has joined APM as chair, health care, working across its broader health and wellbeing business.
Ms Schreiber is a non-executive director of ASX-listed Domino’s and previously held roles at EY and was a former director general of Queensland Health.
Liz Forsyth has joined APM as the CEO, disability and aged care.
She previously worked with KPMG and the federal and NSW governments.
APM provides a wide range of services as a contractor to state and national governments, including employment assistance, vocational rehabilitation, health assessments, allied health and disability services.
