Update on Board Composition
15 August 2018
The Manager
ASX Market Announcements
Australian Securities Exchange
Exchange Centre
Level 4
20 Bridge Street
Sydney NSW 2000
Electronic Lodgement
Australian Foundation Investment Company Limited (the “Company”)
Update on Board Composition
Mr Terry Campbell, the Chairman of the Company has advised that he will not seek
re-election at the 2018 Annual General Meeting and will retire at the conclusion of the
meeting to be held on 9 October 2018.
Mr Campbell has been a Director since 1984, Deputy Chairman since October 2008
and Chairman since October 2013. The Board wishes to record its deep thanks to Mr
Campbell for his invaluable contribution to the Board deliberations over the last 34
years. His very broad industry experience at the highest levels of the Australian
corporate world has been of outstanding value to the Board, executives and
shareholders of Australian Foundation Investment Company Limited.
The Board has elected Mr John Paterson as the Chairman with effect from the
conclusion of the Annual General Meeting on 9 October 2018. Mr Paterson has been
a Director of the Company since 2005 and prior to that served as an Alternate Director
for Mr Campbell from April 1987 to June 2005. He is Chairman of Djerriwarrh
Investments Limited. He was formerly a Director of Goldman Sachs JBWere and is a
former member of the Board of Guardians of Australia's Future Fund.
Please direct any enquiries to:
Mark Freeman
Managing Director
(03) 9225 2122
Geoff Driver
General Manager
(03) 9225 2102
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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