Star Pharmacy Group CEO David Clark is to step down from the role after three years leading the business.

In a statement, the company said his decision was been driven by family priorities that require him to spend more time in Tasmania and in South Australia – and less time at work and travelling.

“David has done an exceptional job in setting the organisation’s strong foundations in place for further future growth,” said Star Pharmacy Group founders Stan Kontos and Peter Gardiakos.  

“With a strong senior management team in place to drive innovation and growth, we feel comfortable, this is his opportunity to step away and allow a new CEO to continue to drive the organisation to its next level.”

The founders added that the company’s next step is to build on those foundations and innovate with the support of the executive team, the CFO, and a new CEO.

The 60-site pharmacy group will conduct a search across the country to recruit a new CEO.

“It will be ‘business as usual’ until the time we select a new CEO, with David continuing to run the business with the Executive Group,” the founders added.