Chair succession

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Stock Idp Education Ltd (IEL.ASX)
Release Time 12 May 2025, 8:24 a.m.
Price Sensitive Yes
 IDP Education Ltd Announces New Chair Succession
Key Points
  • Tracey Horton AO appointed as new Chair, succeeding Peter Polson
  • Polson retiring after 18 years as Chair, overseeing significant growth
  • Horton has broad experience in corporate strategy, international operations, and education industry
Full Summary

IDP Education Limited (ASX: IEL) has announced that Tracey Horton AO will succeed Peter Polson as Chair, following Mr Polson's decision to retire from the Board as communicated at the AGM in October 2024. Ms Horton will commence in her role as Chair on 16 June 2025 following Mr Polson stepping down from the Board on 15 June. Ms Horton's appointment forms part of a well-planned board renewal process that has included the appointment of three new directors since 2022. Overseen by IDP's Nomination Committee, the Chair succession process was also supported by a leading board advisory firm. Mr Polson was appointed IDP Chair in 2007 and led the Company through its listing on the ASX in 2015, overseeing significant growth to become the leading player in the international education services sector. Ms Horton has broad experience from her executive and board career across corporate strategy, international operations, finance, governance and the education industry. She has been an independent Non-Executive director of IDP since September 2022 and currently Chairs IDP's Remuneration Committee and is a member of the Nomination Committee. Ms Horton is a Non-Executive Director of several other ASX-listed companies and has more than a decade's experience as an accomplished Chair, including as the former Non-Executive Chair of Navitas.