Incitec Pivot (ASX:IPL) has today announced that Mr Paul Brasher will retire as Chairman and as a non-executive director at the end of the month.
Mr Brasher is retiring from all of his listed public company commitments due to health reasons.
The Board has appointed current non-executive director Mr Brian Kruger to succeed him as Chairman with effect from the beginning of July.
Mr Kruger has been a director of Incitec Pivot since June 2017 and is currently the Chairman of the Audit and Risk Management Committee, as well as a member of the Remuneration Committee and the Nominations Committee. He is the former Managing Director & CEO of Toll Holdings.
Shares in Incitec Pivot (ASX:IPL) are trading 0.29 per cent lower at $3.44