Mark Healy appointed Novatti Managing Director effective today
Novatti Group Limited (ASX:NOV), a payments leader bridging traditional payments and regulated digital finance, has appointed Mark Healy, currently CEO, as Managing Director effective 11 November 2026. Non-Executive Director Chris Ryan has also resigned effective the same day.
Group EBITDA has improved by $26.3 million since Mr Healy became CEO, according to Chairman Peter Pawlowitsch.
Mr Healy’s current remuneration arrangements remain in place. The Board is in the process of finalising a new equity package, which, when completed, will be announced and put to shareholders for approval at a general meeting.
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The turnaround behind the promotion
What Mr Healy delivered as CEO
Mr Healy was appointed CEO in June 2023 and has since led the execution of Novatti’s turnaround through three actions:
- Resetting the strategy
- Streamlining the cost base
- Pivoting to a market led, customer focussed payments infrastructure business
Mr Pawlowitsch said that when Mr Healy became CEO in 2023, the Company was facing significant challenges and carrying substantial operating losses. The Group EBITDA improvement has restored earnings to a sustainable footing, in the Chairman’s words.
The appointment follows the successful execution of this turnaround phase and is intended to empower the Company’s leadership to deliver on the vision for the next phase of growth.
The most recent quarterly payments volume in the Australian and New Zealand arm passed $1 billion for the first time, although revenue and margin softened, which frames the operating picture the new Managing Director inherits.
Chairman’s view
Peter Pawlowitsch, Chairman
“…That is an exceptional turnaround in three years, and it reflects Mark’s willingness to take difficult decisions early, his industry experience and his vision of where Novatti can build to win…”
Board change: Non-Executive Director Chris Ryan resigns
Mr Ryan joined the Board in November 2025 and served as a member of the Audit and Risk Committee. He also played a role in building a corporate development pipeline.
Recent changes to his personal circumstances are limiting his ability to perform the role. He leaves with the appreciation of the Company for his contribution over the past 12 months.
Commenting on the resignation, Mr Pawlowitsch said: “…The Board appreciates his contribution and wishes him well in his future endeavours.”
What happens next for Novatti
- The new equity package for Mr Healy: the Board is finalising it, and once completed it will be announced and put to shareholders for approval at a general meeting.
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