George Adams has been elected as the new chair of Synlait, while co-founder and board appointed director, Dr John Penno, has stepped down.
Adams, who was previously appointed as an independent director in March 2024, will take on the role of chair with immediate effect.
His election received full support from the board.
Meanwhile, Penno's resignation as a board appointed director is also effective immediately.
Synlait's board will now begin the search for a candidate to fill the vacancy.
Adams will stand for election as an independent director at the company's annual meeting in December 2024.
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