Bank of Queensland Chairman Neil Summerson and Director Peter Fox announce that Mr Fox has retired from the Bank of Queensland Board, effective close of business Wednesday, 25 November 2009.
“Mr Fox has been a valued member of the Board since 2001 and has had a number of roles within the Bank, including serving on the Budget Review Committee and various investment review committees.
“Peter is currently Executive Chairman of Fox Group Holdings, the culmination of an extensive career within the Linfox Group. He is also a Director of the Alfred Foundation and a member of the Australian Graduate School of Management Advisory Council at the University of New South Wales.
“I extend my thanks to Peter, and the Linfox Group, for their great support of the Bank over the last 8 years, both in terms of Peter’s contribution to the Board through his management expertise, and as a substantial shareholder of the Bank throughout this period.”
Peter Fox said that he is retiring from the Board so as to concentrate on the strategic expansion of the Linfox Group.
“I and the Linfox Group have every confidence in the management team at Bank of Queensland and we will continue to be supporters of the BOQ brand.”