Foster's Group Limited (Foster's) today announced the retirement of Graeme McGregor from the Foster's Board, effective from the conclusion of the Annual General Meeting on 29 October 2008.
"In over a decade of service, Graeme has played a pivotal role in financial and corporate governance at Foster's", Chairman, David Crawford said today.
"As a Board member, and Chair of the Audit Committee, Graeme has applied his extensive commercial experience to successfully guide our business. On behalf of shareholders I warmly thank Graeme for his outstanding contribution to Foster's."
With a distinguished career in business and government, Graeme McGregor joined the Foster's Board for an initial five year term from 1992 to 1996 and re-joined the Board in April 1999. He was a member of the Australian Financial reporting Council and was awarded an Order of Australia for services to the accountancy profession.
Graeme has held numerous non-executive director positions with Nufarm Ltd, WMC Resources Ltd and Santos Ltd.
Further information:
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Troy Hey Tel: +61 3 9633 2085 Mob: 0409 709 126
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Chris Knorr Tel: +61 3 9633 2685 Mob: 0417 033 623
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