AN EXECUTIVE’S LENS ON DIFFERENT OWNERSHIP MODELS

I was pleased to catch up with Matt Muscio, CEO of LifeHealthcare the back end of last year. LifeHealthcare is an Australian leading independent medical device distributor with a wide range of high-end products across clinically specialised divisions.

Matt’s career commenced in Sales & Marketing, before taking on leadership positions and building his commercial acumen within the Global Multinational Johnson & Johnson. He joined LifeHealthcare as COO in early 2013, which was Private Equity owned at the time and since listed on the ASX. Matt moved into the CEO position 18 months ago. I was curious to explore his views and experiences of working with different ownerships models – this is often a big topic of discussion when supporting an Executive with their own careers planning.

Matt was extremely transparent about the merits and valued experiences he has gained from working within very different ownership structures. He was also candid about some of limitations and challenges one can face. Matt is a passionate chap, I sense that his preferred working style as a leader may have had some influence on the reasons for the ‘hat’ and ownership model he is in today.

Matt was kind enough to share his feelings about being in the No. 1 seat, the impact of both mentors and the Board have had in aiding him as up and coming CEO. Intriguing to hear his take on ‘a Board’ composition given the opportunity!