Challenger see Leon Zweir set to retire from the board

Company News

by Rachael Jones

Challenger (ASX:CGF) Chairman Peter Polson today announced that Leon Zwier will retire from the Board of Challenger and not stand for re-election as a Director at the Annual General Meeting on 31 October 2019.

He has served as an independent non-executive Director and member of the Nomination Committee since September 2006.

Masahiko Kobayashi was appointed last month and they expect to appoint a new non-executive Director to the Board in due course.

Shares in Challenger (ASX:CGF) are trading 3.42 per cent higher at $7.25.

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.