Highlights
- RMA Global appointed Benjamin Balk as Chief Executive Officer and Ashley Farrugia as Chair.
- The Leadership changes became effective on 29 September 2026.
- The company plans to simplify operations and accelerate artificial intelligence initiatives.
- RMA Global aims to strengthen product and engineering capabilities.
- Further financial guidance is expected as the transformation plan develops.
RMA Global Limited (ASX:RMY) operates technology platforms focused on the real estate sector. The company’s latest announcement outlines changes to its board and executive leadership team, alongside plans to simplify operations, improve execution capabilities and expand the use of artificial intelligence across the business.
Leadership Changes
RMA Global announced that Ashley Farrugia has been appointed Chair and Benjamin Balk has been appointed Chief Executive Officer, with both changes effective from 29 September 2026. Former Chair David Williams has moved into a non-executive director role, while Jim Crisera has stepped down as CEO and will assist with the transition process.
The company stated that the leadership changes form part of a broader plan to reshape the Business and support future strategic priorities. The announcement did not provide details regarding any financial arrangements associated with the CEO transition.
Executive Background
RMA Global stated that Ashley Farrugia has experience building and scaling technology businesses. The company described Benjamin Balk as bringing experience across product strategy, data commercialisation, digital transformation, software development and technology-enabled business models.
The company noted that Benjamin Balk had been working with RMA Global on strategy before taking the CEO position. The announcement did not provide further details regarding the nature of that strategic involvement.
Business Simplification Strategy
RMA Global stated that the new leadership team will focus on simplifying the business, increasing execution speed and strengthening product and engineering capabilities. The company also plans to accelerate the use of artificial intelligence within its operations.
The company continues to focus on markets including Australia, New Zealand and the United States. The announcement did not outline specific initiatives, implementation costs, restructuring actions or timelines associated with the transformation plan.
Financial Objectives and Future Guidance
RMA Global stated that its objective is to finish the 2027 financial year with an improved EBITDA result and exit the year with an improved EBITDA run rate. These objectives represent management targets rather than confirmed financial guidance.
The company stated that further financial guidance will be provided as implementation of the plan progresses. Future results will depend on execution of strategic initiatives, operating performance and market conditions.
Governance and Next Steps
The leadership changes represent a transition in RMA Global’s governance structure, with a new Chair and CEO taking responsibility for the next phase of the business strategy.
Key areas to monitor include further financial guidance, details of the transformation programme, the development of artificial intelligence capabilities and any additional information regarding product, cost or operational changes.
Key Insights
RMA Global’s latest update highlights a change in leadership and a planned operational focus on simplification, technology development and artificial intelligence adoption. The announcement outlines management objectives and strategic priorities, while the financial impact of these changes will depend on future implementation and business performance.






Please wait processing your request...