14 September 2016
Market Information NZX Limited Level 1, NZX Centre 11 Cable Street Wellington New Zealand | Company Announcements Office ASX Limited Exchange Centre Level 6, 20 Bridge Street Sydney NSW 2000 Australia |
The Board of Tower Limited (NZX/ASX: TWR) advises that Rebecca Dee-Bradbury has resigned from the Board of Tower Limited. Her resignation is effective from 14 September 2016.
Ms Dee-Bradbury joined the Board in August 2014 and has sat on both the Audit and Risk and Remuneration and Appointments Committees.
Tower Chairman Michael Stiassny said that Ms Dee-Bradbury has been a valued member of the Board.
"Rebecca has made a significant contribution to helping Tower refocus on its core business and we thank her for having such a positive impact," he said.
Ms Dee-Bradbury wishes the best for the Board and management team of Tower.
"I appreciate the opportunity to have served with such a committed Chairman and Board and am excited for Tower's future plans. It is regrettable that a conflict of priority and schedules means I have needed to resign," she said.
The search for an independent director to join the Board has commenced. The Board confirms that immediately following the resignation of Ms Dee-Bradbury, the Board contains the required number of independent directors under the NZX Listing Rules and its constitution.
ENDSFor media queries, please contact:
Nicholas Meseldzija
Head of Corporate Communications Tower Limited
Mobile: +64 21 531 869
Email: nicholas.meseldzija@tower.co.nz
Tower Limited published this content on 14 September 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 13 September 2016 23:45:03 UTC.
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