PRAISE FOR RETIRING SANDFORD CHAIRMAN

Praise for retiring Sandford chairman. The Chairman of New Zealand seafood company, Sandford, Paul Norling, has announced that he will retire from this role, and a as a director, following the company’s annual shareholders’ meeting on December 13, 2019.

The Board has elected Sir Robert McLeod – currently the Deputy Chairman – to replace him and assume the position of Chairman, effective on the current Chairman’s retirement.

Mr. Norling commented that it had been a privilege to be Chairman of Sanford -a company with a long and distinguished heritage in the New Zealand fishing industry, with the business having its traceable beginnings back as far as 1864.

“During my tenure as Chairman it has been a pleasure to see the company on a voyage of transformation, as it focusses on being a producer of branded seafood and other value added marine based products of substantially higher value, rather than selling into the international commodity markets, as it had done in the past.”

”Considerable progress has been made in this regard, aided also by some major innovation and other transformational initiatives, but there is also still a meaningful way to go to fully realise the substantial benefits that are available” he added.

He also commented “I, along with the rest of the Board, are delighted Sir Robert has agreed to assume the role of Chairman and I am sure he will continue to serve the company outstandingly well in this leadership capacity”.

 Sir Robert said he also felt privileged to be asked to lead the Sanford Board of Directors, saying “the company has an exciting future which the Board and management are committed to realise.”

He also acknowledged the very significant contribution that Paul Norling has made to Sanford during his time as a director and as Chairman.

“Paul has worked tirelessly and effectively to bring Sanford to its present position, and he can be very proud of the achievements and contribution he has made. We wish Paul and Gabrielle the very best for the future.”