Tower Limited/Announcement
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Appointment of Geraldine McBride to Tower Board

Director Appointment28 September 2022TWRFinancials

Level 5, 136 Fanshawe Street
Auckland 1142, New Zealand

ARBN 645 941 028

Incorporated in New Zealand

Classification: Highly Sensitive


Market Information

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29 September 2022


Appointment of Geraldine McBride to Tower Board


Tower Limited today announces the appointment of Geraldine McBride as a non-executive director to the Tower

Board to fill a casual vacancy.


Ms McBride has extensive governance and technology industry experience having performed senior leadership

roles internationally with SAP, Dell and IBM. Ms McBride is the founder and CEO of MyWave, a software and

services company developing consumer and enterprise relationship solutions using personal cloud technologies.

She also sits on the Board of Sky Network Television Limited.


Tower Chair, Michael Stiassny says the Board is delighted to welcome a director of Ms McBride’s calibre.


“Tower’s focus on delivering simple and rewarding customer experiences, coupled with its investments in digital

technology and data has seen it become one of New Zealand and the Pacific’s leading insurers.


“The Board is confident that Geraldine’s considerable expertise in digital technology, customer experience and

transformational leadership will contribute positively to Tower’s continued success and growth,” he says.


Tower’s Board has determined that Ms McBride is independent in accordance with the requirements of the NZX

Listing Rules.


Ms McBride’s appointment will be effective on 1 October. Ms McBride will retire at the Annual Shareholder

Meeting in February 2023 and be eligible for re-election.


In June Warren Lee advised the Board of his intention to retire from the Tower Board. Mr Lee’s retirement will be

effective from 30 November 2022.







Level 5, 136 Fanshawe Street

Auckland 1142, New Zealand

ARBN 645 941 028

Incorporated in New Zealand

Classification: Highly Sensitive



Mr Stiassny says, “On behalf of the Board, I would like to thank Warren for his considerable contribution towards

Tower’s transformation and growth over the past seven years.”




ENDS


This announcement has been authorised by Blair Turnbull, CEO, Tower Limited.


For media enquiries, please contact in the first instance:

Emily Davies

Head of Corporate Affairs and Reputation

+64 21 815 149

emily.davies@tower.co.nz

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