Tower Limited announced the resignation of Wendy Thorpe as a non-executive director of the Tower Board. Ms Thorpe, who resides in Melbourne, has been a director since March 2018. Her resignation letter advised that she was reducing her international travel obligations due to a change in family circumstances, while noting she had been appointed to the Board of IAG from 1 July 2023.

As a result, her resignation is effective immediately enabling a three-month stand down period. A recruitment process is underway for Ms Thorpe's replacement. Until a permanent independent director is appointed, Tower CEO, Blair Turnbull will stand in as an executive director as an interim measure.