Healthscope float: Who made money?

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Healthscope chief executive Robert Cooke

Healthscope chief executive Robert Cooke Photo: Patrick Scala

Healthscope chief executive Robert Cooke has lead a team of 54 employees who are now at least $18 million richer following the private hospital, medical centre and pathology operator’s $3.6 billion float.

It is the second time a company lead by Mr Cooke has delivered a major windfall for executives.

The 57-year-old has built a reputation as the chief executive of choice for private equity firms investing in healthcare turnaround projects. But he is also building a profile as somewhat of Pied Piper among loyal managers who have followed him from job to job.

Before Healthscope’s shares began trading at midday Monday, the Melbourne-based company put out a pre-quotation disclosure document that showed 54 employees including Mr Cooke held just under 8 million shares, or 0.7 per cent of the company.