Appointment of Tom Reardon as CEO and Managing Director
| Stock | Peoplein Ltd (PPE.ASX) |
|---|---|
| Release Time | 13 Feb 2026, 9:22 a.m. |
| Price Sensitive | Yes |
PeopleIN appoints co-founder Tom Reardon as CEO and MD
- Tom Reardon appointed as CEO and Managing Director of PeopleIN
- Reardon to succeed Ross Thompson, who is taking up an overseas role
- Reardon co-founded PeopleIN and has 30 years of industry experience
- PeopleIN reports strong H1 results with normalised EBITDA of $16.1M
PeopleIN Limited (PPE) has announced the appointment of its co-founder and thirty-year industry veteran, Tom Reardon, as CEO and Managing Director of PeopleIN effective 17 April 2026. Reardon will succeed Ross Thompson, who will be taking up an overseas role. Since co-founding PeopleIN, Reardon has served as the driving force behind the scaling of PeopleIN's most resilient growth engine, the Engineering, Trades and Labour division. Bringing decades of industry-leading expertise across multiple sectors, the Board believes that Reardon is the natural choice to continue to execute PeopleIN's focused growth strategy. PeopleIN's Chair Glen Richards stated that Reardon's appointment is the result of a deliberate succession plan which will ensure that the company maintains momentum in executing its strategy to become the largest and most efficient recruitment and staffing business in Australia with a focus on construction, food services, agriculture, defence and professional services. Reardon expressed his gratitude for the trust that the Board has placed in him and said he looks forward to building on the strategic transformation initiated by Thompson and continuing to improve outcomes for the company's staff, candidates, clients and shareholders. The Board also expressed its gratitude for the transformative leadership of Ross Thompson during a uniquely challenging and strategically important period for PeopleIN. Under Thompson's stewardship, the Group has transitioned from a roll-up of staffing companies to a more focused and disciplined market leader that consistently outperforms competitors and is now primed for future growth. While PeopleIN will officially release its H1 results on the 20th of February, it is pleased to announce that the business delivered a normalised EBITDA of $16.1M (unaudited) and finished the year with a strong balance sheet; Net Debt Ratio 0.5 times ongoing earnings.
PeopleIN reported a normalised EBITDA of $16.1M (unaudited) for H1 2026 and finished the year with a strong balance sheet; Net Debt Ratio 0.5 times ongoing earnings.