Announcement
ADMIN: CNU: Director Nomination and Retirement
08:30am
CNU
24/09/2019 08:30
ADMIN
NOT PRICE SENSITIVE
REL: 0830 HRS Chorus Limited (NS)
ADMIN: CNU: Director Nomination and Retirement
STOCK EXCHANGE ANNOUNCEMENT
24 September 2019
Director nomination and retirement
Sue Bailey nominated as a Chorus Director
Chorus has announced that its Board unanimously supports the nomination of
Sue Bailey to stand for election as an independent non-executive director at
its 2019 annual shareholders' meeting.
Patrick Strange, Chorus' chair, said the Board supported Sue's appointment
following an extensive search.
"Sue has spent her career in the telecommunications market, working for high
profile companies such as Telstra, Virgin Mobile Australia/Virgin Mobile USA,
and most recently for Optus where she was a member of the executive
leadership team.
From 2014 to July this year Sue was the executive lead accountable for
Program Spring, a large scale digitisation and transformation project to
replace over 30 billing and customer care systems for Optus covering
mobility, telephony, broadband and entertainment services."
Patrick Strange said that "Sue's extensive experience in telecommunications
and governance will further complement and strengthen the Board's existing
skill set."
Sue says "I am pleased to have been nominated and want to thank the directors
of the Chorus Board for their support. If elected by shareholders I look
forward to contributing my skills and experience to help Chorus keep New
Zealand new. Chorus has an important role to play in New Zealand's future, as
better broadband underpins so much of what the country wants to achieve
economically and in the broader community."
Anne Urlwin to retire as Chorus Director
Chorus has today announced that Anne Urlwin has advised she will step down
from the Board at Chorus' 2019 annual shareholders' meeting.
Anne is a founding director, having been on the Board since Chorus'
establishment in 2011.
"It has been a privilege contributing to the success of Chorus, a company
critical to New Zealand's future in an increasingly digital world," said Anne
Urlwin.
"Over the last eight years Chorus has navigated some very challenging times,
including enormous regulatory uncertainty, whilst also successfully
undertaking one of the largest civil engineering and technology projects in
New Zealand's history.
I believe I am standing down with the company in good shape, and the
opportunity for a more suitable regulatory environment, increased broadband
investment over the longer term, and the current rollout of fibre vastly
exceeding original expectations.
I would like to thank my fellow Board members and management for their
efforts and contributions in helping Chorus to position itself for a bright
future," she said.
Chorus chair Patrick Strange thanked Anne for her significant contribution to
Chorus.
"Anne steps down with the best wishes of the rest of the Board and our thanks
for her hard work, insights and very valuable contribution to Chorus."
ENDS
For further information:
Brett Jackson
Investor Relations Manager
Phone: +64 4 896 4039
Mobile: +64 (27) 488 7808
Email: Brett.Jackson@chorus.co.nz
Nathan Beaumont
Stakeholder Communications Manager
Phone: +64 4 896 4352
Mobile: +64 (21) 243 8412
Email: Nathan.Beaumont@chorus.co.nz
End CA:00341429 For:CNU Type:ADMIN Time:2019-09-24 08:30:25
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