New Fronditha Care Chief Executive flags corporate restructure after $6.5M loss

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The Greek-based Not For Profit’s new Chief Executive Faye Spiteri is wasting no time in recalibrating the organisation, with an eye on sustainability and future growth.

This includes an organisational restructure at the corporate level and a review of workforce costs alongside expenditure, a decision Ms Spiteri says was not taken lightly.

Ms Spiteri says the action was necessary given the organisation’s 2019/2020 deficit, of $6.5 million across its five aged care homes.

“We made a deliberate decision to lesson the impact on service delivered and stayed true to our service promise with no reduction in numbers of staff across community or residential services,” she said.

“In consultation with Residential Managers, we reviewed and changed our master rosters across all facilities and adjusted these with regard to each facility.”

As we reported here, Ms Spiteri took the reins in early this year following the resignation of former CEO Michael Malakonas.

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