Ansell Limited (ASX code: ANN) today announced that its Chairman, Mr Peter Barnes, has confirmed that after 11 years as a director he will not stand for re-election at the Company’s Annual General Meeting to be held on Monday, 22 October 2012. Mr Barnes was one of the directors due to retire by rotation this year. As a result of this decision, Mr Barnes will retire from the Board at the conclusion of the Annual General Meeting. Mr Barnes joined the Board in October 2001 and became Chairman in August 2005.
He will be succeeded as Chairman by the current Deputy Chairman, Mr Glenn Barnes.
Mr Glenn Barnes said “I am honoured to have been asked by my peers to take on this leadership role at Ansell - a Company with a proud history and promising future. On behalf of the Board, I would like to thank Peter Barnes for his willingness to take on the role of Chairman under difficult circumstances and the role he has played in helping the Company chart its way into the sound position it is in today.”
Mr Glenn Barnes was appointed an independent Non-executive Director in September 2005 and appointed Deputy Chairman in June of this year.
Mr Glenn Barnes has over 20 years governance experience in banking and financial services, business information, consumer goods and the not-for-profit sector. He was involved in the packaged goods, banking and financial services sectors for over 30 years, as a senior executive, business leader and Director in Australia, New Zealand, the United Kingdom, the United States of America, Republic of Ireland, Japan and China. He is currently the Chairman of Australian Unity Limited.