Ramsay Newsroom

The Ramsay Board has appointed Natalie Davis to commence as Group CEO-elect on 1 October 2024 and, following a transition period, as Managing Director and Group CEO later this year.

Ms Davis is an accomplished senior executive leader with extensive experience driving strategic transformation, customer focus and growth. Most recently, she was Managing Director for Woolworths Supermarkets in Australia, leading 130,000 employees across 1,000 sites and delivering increased market share, sales, productivity and team engagement.

Ramsay Chair David Thodey said the Board had undertaken an intensive and competitive global selection process and unanimously agreed that Ms Davis was the ideal candidate at a pivotal time for Ramsay and the healthcare sector.

"In carefully weighing Ramsay’s performance and strategy, the Board made a conscious decision to select a proven and dynamic leader who has successfully mastered large-scale business transformation during periods of uncertainty and market disruption,” Mr Thodey said.

“Natalie’s strategic outlook and experience managing industry-wide changes in different markets makes her exceptionally well-equipped to progress Ramsay’s strategy and accelerate our growth. Her data-driven understanding of customer needs, along with a focus on digital innovation and operational excellence, has resulted in a clear record of success.

“The Board is confident Natalie has the agility, energy, vision and enterprise capability that are critical to achieving Ramsay’s goals and fuelling long-term shareholder value.”

Group CEO-elect Ms Davis said she was honoured to join the company, which employs more than 90,000 people and provides high-quality healthcare to millions of patients across eight countries.

“Ramsay makes a positive difference in the health and lives of millions of people in communities across Australia, Europe and the UK. The company’s 60-year history is testament to the amazing teams who deliver the very best patient care,” Ms Davis said.

“What truly excites me is the potential to build on that legacy, as we innovate for the future."

Mr Thodey also acknowledged Mr McNally’s significant contribution.

“On behalf of the Board and the Ramsay team, I want to thank Craig for his dedication and commitment to Ramsay and the health sector more broadly. He has been instrumental in the company's development over many years, setting the groundwork for our transformation strategy and championing the caring culture that defines who we are and how we work.”

Mr McNally, who joined the company in 1988 and became Managing Director and Group CEO in 2017, expressed his gratitude to the Board and Ramsay teams.

“So many extraordinary people have poured their heart and expertise into making Ramsay what it is today and it has been an incredible privilege to work alongside them,” Mr McNally said.

“I am proud of our achievements which have established Ramsay as a market leader with a reputation for excellence in numerous countries. Guiding the company through the unpredictable upheaval of the Covid pandemic certainly tested our resilience, but we have adapted and invested strategically to position Ramsay for future success.”

Mr McNally will remain with the company, and as Chair of its European joint venture Ramsay Santé, until the end of June 2025 to support a smooth transfer of executive responsibilities.