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Media release – March 9, 2016


Promoting women wins Ryman Healthcare a new fan

Investment fund applauds Ryman for including women in leadership roles

Ryman Healthcare has won praise for recognising the outstanding contribution women make to the company and for promoting women into senior leadership roles.

Ryman has been included in the Pax Ellevate Global Women’s Index Fund – the world’s first investment fund that only invests in companies which advance women in leadership.

Pax Ellevate’s research shows companies that empower and advance women tend to deliver better performance and higher returns to shareholders.

Ryman Healthcare is one of 400 top performing companies around the world considered for investment, and ranked highly for promoting women in top roles.

Ryman Healthcare Managing Director Simon Challies said it was great to get Pax Ellevate’s endorsement.

“We employ people who have a passion for what we do – caring for older people,’’ Simon Challies said.

“This has come out of the blue. To be honest we don’t have a gender diversity policy – we just try and promote our best people into leadership roles. Age, status or gender have never come into the equation.’’

Ryman Healthcare employs more than 4,000 staff and 70 per cent of the company’s 300 senior leaders are women.

Ryman’s board includes Christchurch lawyer Jo Appleyard, who joined as a director in 2009. In 2014 Australia-based director Claire Higgins joined the board.

Ryman’s senior management team includes Operations Manager Barbara Reynen-Rose, Group Sales Manager Debbie McClure and Marketing Manager Jenn Poskitt.

Pax Ellevate is chaired by Sallie Krawcheck, a former senior Wall St banker who is regarded as one of the most influential women in business in the United States.

Sallie Krawcheck’s professional mission is to help women reach their financial and professional goals.

“Our research shows that the companies that promote gender diversity and include women in leadership roles perform better. Simply put, we believe it is smart business to invest in women,’’ Sallie Krawcheck said.

“Ryman Healthcare has demonstrated an outstanding commitment to gender diversity on its board of directors and in executive management.’’

About Ryman Healthcare: Ryman was founded in 1984 and has become one of New Zealand’s largest listed companies.  The company owns 30 villages and serves over 9,000 residents in New Zealand and Australia.  Each village offers a combination of retirement living and aged care.

Media advisory: For further information, photos, interviews or comment please contact Corporate Affairs Manager David King on 03 366 4069 (0064 3 366 4069) or 021 499 602 (0064 21 499 602).

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