Sunday 11th Apr, 2021

CBH appoints new Independent Director

The CBH Group will keep its supply chain fees flat in 2019-20, following the $4 per tonne reduction provided to growers and marketers least year.

The CBH Group has appointed a new Independent Director to the Board, replacing Trent Bartlett who will retire from the position after nine years.

Paul Sadleir, currently a Non-Executive Director and Chair of the Nominations and Remuneration Committee of property and infrastructure investment group Perron Group Limited, was selected for the position.

Sadleir is also the Deputy Chair and Chair of the Business (Finance) Committee of Brightwater Care Group and holds roles including WA Councillor of the Australian Institute of Company Directors and member of Perth Catholic Archdiocese’s Property and Investment Committee.

His most recent executive role was as Managing Director of Cedar Woods Properties Limited, where he was ranked in the top 10 CEOs in the 2014 Australian Financial Review survey of the ASX’s largest companies.

Sadleir will be appointed an Independent Director for a three-year term commencing at the conclusion of the next Annual General Meeting (AGM) to be held on 25 February 2021, with his position to be ratified by members at the 2022 AGM.

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CBH Chair Simon Stead said Sadleir would continue to broaden the skills and experience of the Board, bringing strong commercial experience from his background in property development and infrastructure investment.

“CBH greatly values the experience of our Independent Directors whose abilities complement those of our Member Directors,” Stead said.

“Paul brings a wealth of commercial, financial and risk management experience to the Board which will add great value to our co-operative.”

Stead also thanked Bartlett for his service.

“Trent’s contribution to the co-operative has been significant, ” Stead said.

“His dedication to the co-operative sector and delivering value for the growers of Western Australia has been unwavering.

“On behalf of the Board, I thank him for his tremendous service and wish him every success in his future endeavours.”