Shriro Holdings Ltd. announced that Mr. Kim Slater has resigned as an independent non-executive Director effective immediately. John Murphy was appointed as a director effective immediately. John was nominated by Portfolio Services Pty Ltd. (a subsidiary of Ariadne Australia Ltd. (Ariadne)), which holds just over 5% of the shares in Shriro.

John is also currently the non-executive Chair of Alloggio Limited and a non-executive Director of Ariadne. John was a partner at Arthur Andersen, and the founder and managing director of private equity funds including Investec Wentworth Private Equity Limited and Adexum Capital limited. John was previously a director on the following ASX boards: Southcorp Limited, Specialty Fashion Group Limited, Vocus Communications Limited, Gale Pacific Limited, Redflex Limited, Australian Pharmaceutical Industries Limited, and Vita Group Limited.