Long-serving HPS CEO Announces Retirement

Tony Wyatt, retiring HPS Chief Executive Officer.

HPS has today announced the retirement of long-standing Chief Executive Officer Tony Wyatt.

Having led HPS from a privately owned business, through to private equity investment, and now sole ownership by EBOS Group, Mr Wyatt said it is an appropriate time to retire and allow HPS to enter this next exciting phase under new stewardship.

“I am immensely proud to have been an integral part of a business that over the past seven years has grown from $100 million in revenue across 17 sites with 180 staff to $300 million in revenue across 50 sites and 600 staff,” he said.

“This exponential growth has occurred despite significant changes in the pharmacy industry.”

Mr Wyatt joined HPS in 2003 as Pharmacy Manager at HPS – Collingwood in Victoria, and following a number of years as State Manager, he was appointed as Chief Operating Officer, then Chief Executive Officer in July 2011.

HPS’ Chief Operating Officer Jeremy Stones has been named as Mr Wyatt’s successor and will commence in the position on 1st November 2017.

Mr Stones joined HPS in 2013 and was promoted to Chief Operating Officer in November 2014. Prior to joining HPS, Mr Stones held a senior executive position with SAI Global and gained a wealth of experience in operations management across a range of industries both domestically and internationally.

“On behalf of HPS’ Executive team, I congratulate Jeremy on his appointment. Jeremy’s strong business acumen and foresight for HPS and its network of pharmacies will ensure that we continue to evolve with our clients to remain Australia’s leading outsourced hospital pharmacy service provider for many years to come,” Mr Wyatt said.