Director and Chair sucession
ADMIN
Mon, May 01 2023 04:56 pm
1 May 2023
Director and Chair succession
The Board of Scales Corporation Limited (NZX:SCL) confirms the following Director and Chair changes, effective from 28 April 2023, as previously announced:
• The resignation of Tim Goodacre as Director and Chair;
• The appointment of Mike Petersen as Director and Chair.
In accordance with Scales’ constitution, Mike will retire from office at the next Scales’ Annual Shareholders’ Meeting and will be eligible for election at that meeting. In accordance with Listing Rule 2.6.1, the Board has determined that Mike will be an independent director.
Contact:
Steve Kennelly
Chief Financial Officer
Scales Corporation Limited
+64 3 371 2263 / +64 274 317587
About Scales Corporation
Scales Corporation is a diversified agribusiness group. It comprises three operating divisions: Global Proteins, Horticulture and Logistics. The company’s diverse spread of activities gives Scales broad exposure to the agribusiness sector. Scales Corporation was founded in 1897 as a shipping business by George Herbert Scales. Today it has operations across New Zealand, Australia and the United States. Find out more at www.scalescorporation.co.nz.
Announcement PDF
Markets News
Markets
Fletcher dodges product recall in upbeat end to August for NZX 50
The S&P/NZX 50 Index rose 97.07 points, or 0.8%, to 12,447.68.
Markets
Fletcher Building expects $168m hit from leaky pipes response
Fletcher Building subsidiary Iplex Australia to cover 80% of repair costs.
Markets
Ritchies posts $17m annual net loss
The bus operator's net loss widened from $8m to $17m in the year to March 31.
