New Zealand based Metlifecare Limited (ASX:MEQ, NZSE:MET) says its CEO Alan Edwards will retire at the end of June next year.

 

The retirement village company is New Zealand’s second largest retirement village provider and Mr Edwards has been at the helm for six years.

 

The company’s market cap has from $200 million to over $1 billion with acquisitions and growth progressing.

 

My Edwards says the company is strongly positioned to continue its growth and that now is the right time to find new leadership to take it to the next level. 

 

Metlifecare reported a net profit of $37.9 million in the first half of the 2015 financial year.