Novatti Group Appoints Mark Healy as Managing Director, Chris Ryan Resigns as Non-Executive Director

Mukul

11 November 2026 12:32 PM AEDT

Novatti Group Appoints Mark Healy as Managing Director, Chris Ryan Resigns as Non-Executive Director

Image Source: Krish Capital Pty Ltd

You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to our research reports, in-depth technical and fundamental research. Learn more

Start Your Free Trial Now!

Novatti Group Limited (ASX:NOV) has appointed Mark Healy as Managing Director effective 11 November 2026, elevating him from his existing role as Chief Executive Officer, while Non-Executive Director Chris Ryan has resigned from the board on the same date.

Key Points

Mark Healy, previously CEO since June 2023, has been appointed Managing Director of Novatti effective 11 November 2026.
Chris Ryan has resigned as Non-Executive Director effective 11 November 2026, citing recent changes to his personal circumstances.
Chairman Peter Pawlowitsch stated that Group EBITDA has improved by $26.3 million since Healy became CEO in 2023.
Healy's current remuneration arrangements remain in place, with a new equity package to be finalised, announced and put to shareholders for approval at a general meeting.

Appointment of Mark Healy as Managing Director

Mark Healy was appointed CEO of Novatti in June 2023. According to the filing, his appointment to the Managing Director role follows the execution of what the company describes as a turnaround phase, which included resetting strategy, streamlining the cost base, and pivoting to a market-led, customer-focused payments infrastructure business. Novatti Chairman Peter Pawlowitsch stated in the filing that Group EBITDA has improved by $26.3 million since Healy assumed the CEO role, restoring earnings to what the company described as a sustainable footing. The Board noted Healy's industry experience and his leadership through that period as grounds for the appointment.

Remuneration and Equity Package Details

The filing states that Healy's current remuneration arrangements remain in place following his appointment as Managing Director. The Board disclosed it is in the process of finalising a new equity package for Healy. When completed, the package will be announced and put to shareholders for approval at a general meeting. No further details regarding the structure, quantum or timing of the equity package were disclosed in the filing.

Resignation of Non-Executive Director Chris Ryan

Chris Ryan joined the Novatti Board in November 2025 and served as a member of the Audit and Risk Committee. The filing states he also played a role in building a corporate development pipeline during his tenure. According to the filing, recent changes to his personal circumstances are limiting his ability to perform the role, and his resignation is effective 11 November 2026. Chairman Peter Pawlowitsch acknowledged Ryan's contribution during his approximately 12-month tenure on the board and extended the company's appreciation for his service.

Download Free Report – Explore 3 Stock Ideas & Industry Insights

Unlock 3 stock ideas and key industry insights in our free report. This information is general in nature and does not consider your personal objectives, financial situation, or needs. It is not financial advice.

All investments involve risk—consider independent advice before making any investment decisions.

View 3 Research Reports

Disclaimer:

This article (“Article”) has been prepared by Kalkine Pty Limited (ABN 34 154 808 312) (Australian financial services licence number 425376) (“Kalkine”) and its related bodies corporate who are authorised to provide general financial product advice. Kalkine.com.au and its associated pages are published by Kalkine.

Any information/advice provided in this article is general in nature and does not take into account your objectives, financial situation or needs. You should therefore consider whether the information is appropriate for your objectives, financial situation and needs before acting upon it.

There may be a Product Disclosure Statement, Information Memorandum or other offer document (“Offer Document”) for the securities or other financial products referred to in Kalkine articles. You should obtain a copy of the Offer Document and consider it before making any decision about whether to acquire the security or financial product.

Kalkine strongly recommends that you seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) before acting on any advice/information in this Article or on the Kalkine website. Not all investments are appropriate for all people.

The information in this Article and on Kalkine website has been prepared from a wide variety of sources, which Kalkine, to the best of its knowledge and belief, considers accurate. Kalkine has made every effort to ensure the reliability of the information contained in its articles (including this Article), newsletters and websites. All information represents our views at the date of publication and may change without notice.

The information in this Article does not constitute an offer to sell securities or other financial products or a solicitation of an offer to buy securities or other financial products.

Kalkine does not issue, sell or deal in any financial products.

This Article may contain information on past performance of particular investments. Please note past performance is neither an indicator nor a guarantee of future performance.

To the extent permitted by law, and excluding any dishonesty or gross negligence by Kalkine, Kalkine disclaims and excludes all liability for any direct, indirect, implied, punitive, special, incidental or other consequential loss or damage arising from the use of or reliance on this Article, the Kalkine website and any information published on the Kalkine website without any warranties or representations by Kalkine to you. To the extent the law prohibits or limits this exclusion, Kalkine limits its liability to the resupply of services.

Please also read our Terms & Conditions and Financial Services Guide for further information.

Employees and/or associates of Kalkine and its related entities may hold interests in the securities or other financial products covered in this Article or on the Kalkine website. Any such employees and associates are required to comply with certain safeguards, procedures and disclosures as required by law.

Some of the images/music that may be used in the Article are copyright to their respective owner(s). Kalkine does not claim ownership of any of the pictures displayed/music used in the Article unless stated otherwise. The images/music that may be used in the Article are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.

Kalkine Media Pty Ltd, an affiliate of Kalkine Pty Ltd, may have received, or be entitled to receive, financial consideration in connection with providing information about certain entity(s) covered on its website.