Kangaroo Island Plantation Timbers Ltd. announced changes to the composition of the Board and the Executive of KIPT. A revised structure will be implemented in recognition of a change in strategy. Managing Director Keith Lamb will retire from the Company Board as Managing Director effective the Company's Annual General Meeting. The Managing Director position will not be replaced. Immediately after the Company's Annual General Meeting, James Davies will be appointed as Executive Chairman of the Board. Current Chairman Paul McKenzie will remain as a Non-Executive Director.