Korvest Ltd. advised that Peter Brodribb has retired as a Korvest Director bringing to an end an extended period of outstanding service. Mr. Brodribb joined the company in April 1978 and became Managing Director in 1984. He retired as Managing Director in January 2005 and immediately became a non-executive director. He has served in that capacity until his retirement. The Board also announced that Andrew Stobart has been appointed to fill the vacancy created by Mr. Brodribb’s retirement and will commence as a Director on 1 August 2016. Mr. Stobart is an experienced senior executive in the consumer and industrial sectors.He has extensive experience in senior management positions in large and complex organisations.