Elders Limited announced that Chairman Hutch Ranck has announced his intention to retire at the conclusion of the Company's Annual General Meeting to be held on 13 December 2018. Mr. Ranck, who has served on the Elders Board as a non-executive director since June 2008, retires as Chairman after 4 years in the role, having first been appointed in April 2014. Mr. Ranck said that it was Mr. Ranck will be succeeded in the role by recently appointed non-executive director, Michael Carroll, subject to Mr. Carroll being elected a director by shareholders at that AGM. Mr. Carroll, who has extensive experience in the agricultural sector in both senior executive and non- executive roles, was appointed to the Board on 3 September 2018. Mr. Carroll will be engaged on the same terms as Mr. Ranck.