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SME Law

Chair of listed firm to retire

The chairman of intellectual property firm IPH Limited intends to retire in November.

June 23, 2021 By Jerome Doraisamy
Chair of listed firm to retire
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Richard Grellman AM has advised the board of IPH that he intends to retire as chair from said board, at the conclusion of the company’s annual general meeting, which is set to be held in November of this year.

 
 

Speaking about his looming retirement, Mr Grellman said: “Having served as chairman for nearly seven years, I believe now is an appropriate time to retire from the board and I look forward to watching IPH’s continued growth in intellectual property secondary markets.”

The board of IPH has undertaken a formal process to select and appoint a new chair.

In the time that Mr Grellman has been chair, IPH successfully listed in November 2014, acquired intellectual property businesses Fisher Adams Kelly, Callinans and Pizzeys Patent, Trade Mark Attorneys, Practice Insight, Cullens Patent, Hong Kong-based Ella Cheong Limited and its subsidiary, New Zealand-based AJ Park, and Xenith IP Group (including Glasshouse Advisory, Griffith Hack, Shelston IP and Watermark).  

Also in that time, Spruson & Ferguson – which the company acquired prior to its listing – merged with Cullens and Fisher Adams Kelly Callinans to form one combined firm operating under the Spruson & Ferguson brand and integrated Watermark into Griffith Hack.

Mr Grellman oversaw IPH becoming an ASX 200 company, it said in its statement, “with a market capitalisation of approximately $1.5 billion”.

Jerome Doraisamy

Jerome Doraisamy is the managing editor of Lawyers Weekly and HR Leader. He is also the author of The Wellness Doctrines book series, an admitted solicitor in New South Wales, and a board director of the Minds Count Foundation.

You can email Jerome at: jerome.doraisamy@momentummedia.com.au 

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