The Board of Buderim Group Limited announced the appointment of Mr. Guy Cowan as Non-Executive Chairman and Director effective immediately. Mr. Cowan assumes the Chairmanship from Mr. Steve Morrow who will retire from the Board after eight years as Chair. Mr. Morrow will be retained as a consultant for three months to ensure a smooth transition. The Board states that its decision to appoint Mr. Cowan was driven both by his extensive international and Board experience in major corporates, and his relevant experience in fast moving consumer goods, notably in sugar, dairy and food processing, which will serve the Buderim Group well in the next stage of its strategic journey. Mr. Cowan is a senior company director based in Queensland and is the Chair of Queensland Sugar Limited and Chair of the Audit Committee of Santos Limited. Mr. Cowan is Director of Beak & Johnston and Winston Group, and was previously the Chief Financial Officer at Fonterra Co-operative Group Limited from 2005 to 2009. Mr. Cowan had a 23-year career in Shell and was CFO of Shell Oil US from 2003 to 2005, and CFO and Commercial Director of Shell Nigeria from 2000 to 2003. His previous Directorships include UGL Limited, Ludowici Limited, Coffey International Limited, Soprole S.A.I.C. of Chile and Shell Petroleum Inc.