G8 Education Limited announced that the Board and Gary Carroll, G8's Managing Director have agreed to begin a transition to a new Managing Director and CEO, Pejman Okhovat. Mr. Carroll will remain with the Group until 31 December 2022 to ensure a smooth transition to the incoming Managing Director and CEO. Pejman Okhovat has been appointed Managing Director, effective from 3 January 2023.

Okhovat brings over 27 years of leadership and executive experience in retail, operations, customer experience and strategy. He is currently the Managing Director of BIG W. Prior to that he was the Chief Executive Officer of NZX-listed retailer The Warehouse Group's value retailing businesses - The Warehouse and Warehouse Stationery. Between 2005 and 2020, Mr. Okhovat held various leadership positions within The Warehouse Group.