Orica undergoes board shakeup

Company News


The board of Orica Limited (ASX:ORI) will undergo a shake up when Dr Martin Parkinson will replace long-serving non-executive director Dr Nora Scheinkestel. 
 
Dr Parkinson brings a wealth of leadership experience across strategic, economic and public sector roles including Secretary to the Australian Treasury. 
 
Dr Parkinson has also overseen Australian economic diplomacy relationships with the G20, IMF and national governments. 
 
Dr Scheinkestel will step down from December 1st 2015. The new appointment follows the engagement of Thomas Schutte as CFO.
 
Orica reported a net profit of $229.4 million for the six months to the end of March 2015.

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