Company News Summary | 20 Feb 2020

Click the print icon in your browser to print this report. Currency is in AUD unless otherwise specified

Maca Announces Board and Management Changes

09:59:00 | Associate analysts

Original annuncemenet:Board and Management Changes

Maca advised changes to its management structure and Board. Mr Chris Tuckwell has advised his intention to resign as MD and CEO of the Company, having served over nearly 11 years of service in these roles. Mr Tuckwell's resignation will take effect from early March 2020 to enable a smooth transition to the incoming CEO. Effective from 24 February 2020, Mr Mike Sutton will join the Company as CEO. The appointment of Mr Sutton follows an extensive executive search process that has been run by the Company. The Company is also pleased to announce that effective 24 February 2020, Mr Chris Sutherland will join the Board as an Independent Non-Executive Director.

This report appeared on www.morningstar.com.au 2020 Morningstar Australasia Pty Limited

© Copyright 2020 Morningstar Australasia Pty Ltd ABN: 95 090 665 544 ("Morningstar"), AFSL no 240892. (a subsidiary of Morningstar, Inc.). This information is to be used for personal, non-commercial purposes only. No reproduction is permitted without the prior written content of Morningstar. Some of the material provided is published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO").

DISCLAIMER: To the extent that any of the content above constitutes advice, it is general advice that has been prepared without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain appropriate financial, legal and taxation advice before making any financial investment decision. If applicable, investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Please refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/About/ FSG or phone Morningstar on 1800 03 44 55 to request a copy. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for any use or distribution of any of this information

DISCLOSURE: Employees may have an interest in the securities discussed in this report.