x

General News

Australia’s Fronditha Care Chief Spiteri Restructures After Losses

The Melbourne, Australia Greek-based Not For Profit’s Fronditha Care company, which has homes for aged, has turned to a new Chief Executive, Faye Spiteri, after taking a $6.5 million loss in 2021.

She didn't waste any time making moves, reported The Weekly Source, setting up a new structural organization at the corporate level and reviewing workforce costs to try to turn things around with COVID-19 still lingering.

“We made a deliberate decision to lessen 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. The company has five facilities.

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

She took over earlier this year after former CEO Michael Malakonas resigned. Fronditha’s management pointed to depreciation as a cause for the loss with the value of the group’s assets decreasing because of the pandemic.

Spiteri left a senior position in the Victorian Government to take over and has a background in social policy, strategy, and communications.

RELATED

NEW YORK – Entrepreneurs and friends, Nick Jonas and John Varvatos, along with one of the world's leading premium spirits organizations, Stoli Group, in 2019 introduced a collaborative project – Villa One Tequila.

Top Stories

Society

ATHENS — A severe weather front has hit Greece, with below-freezing temperatures and snowfall in many parts of the country, including the capital Athens and many Aegean islands.

Events

BROOMALL, PA – The community of St Luke in Broomall held the annual cutting of the Vasilopita event on January 23.

Society

ATHENS – Women in Greece – those who survive – are coming out to report domestic violence that has become endemic in the county, with 5,705 cases in the first 10 months of 2021, when there was a rash of femicide.

Video

Biden Caught on Hot Mic Swearing at Fox News Reporter

WASHINGTON — President Joe Biden responded to a question about inflation by calling a Fox News reporter a vulgarity.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. abc@xyz.com

You may unsubscribe at any time using the link in our newsletter.