ASX:KED
Corporate Governance
This section includes corporate governance policies and principles followed by the Group
Policies and Principles
The Board and Management of Keypath are committed to the highest standards of Corporate Governance to ensure the future sustainability of the organization and to create long-term value for its shareholders. We do this by promoting a culture built around our values of diversity, inclusion, and care for our community and the environment.
The Board has established a number of Committees, each with a charter that sets out its role and responsibilities. Keypath’s policies and procedures apply to all directors and employees and are designed to capture the company’s various obligations to stakeholders.
Among the key corporate governance policies and principles followed by the Group are:
Organizational Documents:
Charters:
- Board Charter
- Audit & Risk Management Committee Charter
- Nomination Committee Charter
- People, Remuneration and Sustainability Committee Charter
Policies:
- Anti-Bribery & Corruption Policy
- Board Conflicts of Interest Policy
- Code of Conduct Policy
- Communications Policy
- Continuous Disclosure Policy
- Diversity & Inclusion Policy
- Modern Slavery Policy
- Remuneration Policy
- Risk Management Policy
- Securities Trading Policy
- Whistleblower Policy
- Workplace Health, Safety, and Wellbeing Policy
Plans:
Statements:
Our Values
We strive to produce meaningful work because we believe that by transforming education, together we can transform the world.
Be committed
Unwavering commitment to realizing the power of education to change lives.
Be inventive
Innovate ahead of the curve and be unbound by convention.
Be collaborative
Trust one another, have honest interactions, and find solutions as a team.
Be a lifelong learner
Cultivate and demonstrate expertise, learning, and growth.
Board of Directors
The Board of Directors is accountable to shareholders for maintaining the integrity of Keypath's purpose to develop, design, and deliver the most career-relevant online education solutions to help solve global social and economic challenges.
The Board has oversight of the performance, operations, and affairs of the Group. The directors represent and serve the interests of the stakeholders and wider stakeholder groups and collectively oversee and appraise the strategies and policies that drive the Group's performance.
Diana Eilert, Independent, Non-Executive Chair, Nomination Committee Chair
Diana was appointed as the independent, Non-Executive Chair of the Company in May 2021. She lives in New South Wales, Australia.
Diana has more than 10 years experience as a listed company director and has held board roles in some of Australia’s best-known companies. Her focus is on companies scaling up and sectors undergoing digital transformation. Diana is currently a Non-Executive Director of the ASX-listed company Domain Holdings Australia Limited (appointed 2017). Previously Diana was a Non-Executive Director of Super Retail Group (2015–2021), Navitas Limited (2014–2019), REA Group Ltd (2010–2012), and Veda Group Limited (2013–2016).
With an extensive and diverse executive career spanning more than 25 years, Diana has run large businesses and held senior strategic roles. Her experience includes strategic roles in companies such as Suncorp, Newscorp, Citibank, IBM, and A.T. Kearney.
Diana’s operational experience includes as Group Executive running Suncorp’s entire insurance business, and subsequently Group Executive for Technology, People, and Marketing at Suncorp, as well as various profit and loss management roles in her ten years with Citibank.
Diana is a member of the Australian Competition Tribunal (appointed December 2019).
She holds a Bachelor of Science (Pure Mathematics) from The University of Sydney and a Master of Commerce from The University of New South Wales.
Steve Fireng, Executive Director and Global Chief Executive Officer (“CEO”)
Steve is the Global CEO and founder of Keypath, was appointed an Executive Director of the Company in March 2021, and has served as CEO of the Keypath business since January 2014. Steve lives in Illinois, US.
Steve‘s experience in higher education spans four decades, having led both institutional and corporate teams. Prior to founding Keypath, Steve was CEO and President at EmbanetCompass (later renamed Pearson Online Services) where, after five years of leading the business, it was acquired by Pearson for US$650 million. He spent over 17 years at Career Education Corporation, holding a variety of senior leadership positions where he was one of the founding leadership members, growing American InterContinental University Online and Colorado Technical University Online from inception to over 30,000 students in five years, leaving as Group President.
Steve holds a Bachelor of Science (Business Administration) from the W.A. Franke College of Business at Northern Arizona University.
Melanie Laing, Independent, Non-Executive Director, People, Remuneration and Sustainability Committee Chair
Melanie was appointed as an independent, Non-Executive Director of the Company in May 2021. Melanie lives in New South Wales, Australia.
Melanie is a Non-Executive Director and global executive with an expansive and diverse background, bringing a depth of experience shaping enterprise-wide culture and capability in markets undergoing significant change and growth. Melanie is currently a Non-Executive Director of ASX-listed companies AUB Group and Ridley Corporation (both appointed 2023).
Melanie was previously Group Executive, Human Resources at the Commonwealth Bank of Australia. Prior to this, she was the global Executive General Manager, People, and Culture at Origin Energy and has previously held executive human resources leadership roles with Unisys Asia Pacific, Vodafone Asia Pacific, and the General Re Corporation Europe, having lived and worked extensively overseas.
Melanie holds a Post Graduate Diploma in Personnel Management (“IPM”) from the University of Westminster, London, and a Bachelor of Arts (Hons) from the University of Witwatersrand, in South Africa.
Melanie is a Fellow of the Australian Institute of Company Directors (“FAICD”) and a Fellow of the Australian Human Resources Institute (“FAHRI”).
Susan Wolford, Independent, Non-Executive Director
Susan was appointed as an independent, Non-Executive Director of the Company in May 2021. Susan lives in Pennsylvania, US.
Susan spent 17 years at BMO Capital Markets, holding a variety of senior leadership positions, and was Vice Chair in her final role. She has extensive investment and corporate banking experience and, at BMO Capital Markets, was previously Group Head and Managing Director of the Technology and Business Services Group. She has advised hundreds of education companies on M&A and financing activity over the past 23 years.
Susan is on the Director’s Leadership Council of the Rutgers Cancer Institute of New Jersey (appointed 2008). She is currently serving as a board member of Savvas Learning Company, Lightbridge Academy, Edify Acquisition Corporation, and in 2022 became a board member of eDynamic Learning.
Susan holds a Master of International Affairs (International Finance) from Columbia University and a Bachelor of Arts (History) from Villanova University.
Robert Bazzani, Independent, Non-Executive Director, Audit and Risk Management Committee Chair
Robert was appointed as an independent, Non-Executive Director of the Company in May 2021. Rob lives in Victoria, Australia.
Robert spent 21 years at KPMG, holding a variety of senior leadership positions including as Chairman of KPMG Victoria, National Managing Partner for KPMG Australia’s Enterprise Division, and National Managing Partner for KPMG’s M&A Division. Whilst in these various roles, Robert was a member of KPMG’s National Executive Committee, which oversees and is responsible for KPMG’s turnover, strategic decision-making, profitability, and operations.
Robert is currently Chairman of Natrio Australia and Non-Executive Director of Mach7 Technologies (appointed 2020).
Robert holds a Master of Business Administration from Monash University and a Bachelor of Laws (LLB) and Bachelor of Science from Monash University.
R. Christopher Hoehn-Saric, Non-Executive Director
Christopher was appointed as a Non-Executive Director of the Company in March 2021 and has served as Director of Keypath entities since 2014. Christopher lives in Florida, US.
Christopher is the Co-founder and Senior Managing Director of Sterling Partners, a growth-oriented, private-equity firm that was an early investor in Keypath. Since its founding in 1983, Sterling Partners has established a track record of successful investment activity throughout a variety of economic and market conditions.
Christopher is currently a board member for Shorelight Education (appointed 2014), Amerigo Education (appointed 2016), and Hudson Global Scholars (appointed 2019). Christopher has previously served as a director of other companies in the education industry, including Sylvan Learning, and Connections Academy.
Christopher is an emeritus Trustee of Johns Hopkins University, having served on its board of directors for 18 years.
M. Avi Epstein, Non-Executive Director
Avi was appointed as a Non-Executive Director of the Company in March 2021 and has served as Director of Keypath entities since 2014. Avi lives in Illinois, US.
Avi joined Sterling Partners in 2008 and is currently a managing director and serves as the firm’s Chief Operating Officer, General Counsel, and Chief Compliance Officer. Prior to this, Avi served as General Counsel and Vice President of Business Affairs for a division of Kaplan, Inc. and also worked as a corporate attorney with Katten Muchin Rosenman LLP.
Avi is also currently a board member of School of Rock, LLC (appointed 2019), Edcura (appointed 2018) and Cintana Education (appointed 2019).
Avi holds a Juris Doctor from Harvard Law School and a Bachelor of Arts (Political Science) from The Ohio State University.