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Comvita Leadership Team Update

Director Departure9 April 2019CVTIndustrials

10 April 2019

Comvita Leadership Team Update


Mark Sadd, Comvita’s Chief Commercial Officer has resigned from the business as a full time Executive but

will be retained as a part time contractor for several key projects.


Mark joined Comvita in 2013 as a contractor before becoming Chief Financial Officer in 2014 and since 2017

has been operating as Comvita’s Chief Commercial Officer. For personal reasons, Mark has decided to return

to a role of contracting. Mark has agreed to continue his involvement in several of Comvita’s key projects

where he has valuable expertise, including oversight of our investment in Apiter in Uruguay and as a Director

of our China subsidiary.


Comvita CEO Scott Coulter said, “Mark has been a key member of our Leadership team during my time at the

helm as CEO and has played a significant role in several of our Company’s strategic initiatives. I would

personally like to thank Mark for his contribution and support, and while it is disappointing to lose him from

his full-time position with Comvita, I am very happy that we have secured his services going forward to assist

us with key projects which are so important for Comvita’s profitable future.”


Mark will move from full-time executive to part-time contractor on 20 May 2019.


Saada McNamee, has been appointed as Comvita’s Chief People and Culture Officer and commenced her

role with Comvita on 25 February 2019. Saada has extensive global human resources (HR) experience across

multiple industries.


Prior to joining Comvita, Saada spent 10 years with Colgate-Palmolive in HR leadership positions in New

Zealand, the United States and Europe. Most recently, she was Human Resources Director, Europe, Middle

East and Russia for Colgate-Palmolive’s Pet Nutrition business, Hill’s. In this role she led key leadership

development and people initiatives to support a rapidly evolving business environment, including building

organisational capability in e-commerce, and agile ways of working. Prior to Colgate-Palmolive, Saada held

various HR positions at Hewlett-Packard, The Warehouse, ANZ Bank and Euroclear, in New Zealand, Australia

and the United Kingdom.


Ends.


For further information:

Comvita CEO, Scott Coulter, 021 386 988

Comvita Chair, Neil Craig, 021 731 509


Background information

About Comvita (www.comvita.co.nz)

Comvita (NZX:CVT) is a global natural health company committed to the development of innovative

products, backed by ongoing investment in scientific research.

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.