New Elders chairman announced

Company News


Elders Ltd (ASX:ELD) has announced John Ballard as the new director and chairman of the company as part of the boards continuing renewal process.

Mr Ballard has served in senior and non-executive director roles at Woolworths, Email and Wattyl, Southcorp, United Biscuits and Coca-Cola Amatil.

He will replace Stephen Gerlach, who earlier announced he would retire following the appointment of a suitable successor.

Outgoing chairman Mr Gerlach says Mr Ballard will bring experience and skills to the task of overseeing Elders’ future development of the agricultural sector.

Elders reported a loss of $466.43 for the year ending 30 September 2009.

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