Media Statement: Ted Middleton Appointed Acting Managing Director

Netstrata today announced that Founder Ted Middleton has been appointed Acting Managing Director.

Ted founded Netstrata in 1996 and has most recently served as Non-Executive Chairman. Having previously stepped back from the day-to-day management of the business, he has now accepted the role of Acting Managing Director.

Ted brings nearly 30 years of experience in the strata industry and a deep understanding of Netstrata’s operations, clients and people. As Acting Managing Director, he will lead the business and ensure continuity of leadership while maintaining Netstrata’s focus on delivering quality service to its clients.

Please be advised that Stephen Brell will step aside from his role as Managing Director while a current legal process plays out.

Chairman Ted Middleton will take on the role of Managing Director during that time. The proceedings will be defended.

Since NSW Fair Trading commenced its investigation in 2024, Netstrata has supported an independent review of the business and has continued to implement the recommendations arising from that review, with the majority now completed.

Netstrata has also introduced a range of additional governance and compliance initiatives beyond those recommended by the review, including a zero-commission policy.

Our commitment to all our clients is to transparency, accountability and continuous improvement, a commitment expressed in detail on our Transparency Hub.