Pacific Edge Board Changes Announced

Cancer diagnostics company, Pacific Edge Limited (NZX:PEB), has today announced some changes to its  Board, including the appointment of Chris Gallaher as an Independent Director, effective from 1^st July 2016.

Chris is a senior corporate executive with a background in financial and general management and has had international experience in both public and private companies. He is the recently retired  Group Chief Financial Officer for Fulton Hogan and has held senior executive and CEO roles with Vector, Village Roadshow, Carter Holt Harvey and was a partner in the chartered accounting firm Arthur Young with whom he started his career in Dunedin. 

Chairman of Pacific Edge, Chris Swann, said: “Chris brings significant financial and risk management expertise to the company  and will be a welcome addition to the Board.  We have undertaken a review of the skills and expertise required as Pacific Edge continues to progress its commercialisation in the US and other targeted markets.  Chris’s appointment, coupled with the recent appointment of US-based David Levison, brings further strength to the Board as we continue to help shape Pacific Edge’s future.”

Current Board member, Charles Sitch, has advised the Board of his intention to retire from the Board, effective immediately, due to increasing commitments in Australia. In addition, Chris Swann has announced his decision to retire at the next annual shareholders’ meeting on 25 August 2016 after more than a decade on the Board. Chris will retire by rotation and will not offer himself up for re-election.

Chris said: “It has been a rewarding and at times, challenging journey for Pacific Edge over the last ten years as the company has successfully transitioned from a research-based start up to a commercial entity. I am confident that the company is in good shape going forward, with a strong Board and management team.”

About Chris Gallaher

Chris is a senior executive with extensive financial and general management expertise. A New Zealander based in Melbourne, his career has been spent within large international companies in a range of financial and senior management roles, where he worked closely with company Boards and Audit Committees. He also serves on the Board of The Good Shepherd New Zealand and the investment committee of property development company, Substancia Pty Ltd .  Chris is a Chartered Accountant and holds a BCom from Otago University and is a member of the Australian Institute of Company Directors.