Orica Board Changes

Melbourne: Orica (ASX: ORI) Chairman Malcolm Broomhead today announced the appointment of Mr Mark Garrett as independent, Non-Executive Director, to the Board effective early 2023.

Mr Broomhead said Mr Garrett’s extensive leadership experience and expertise within diverse global markets will complement the Board and the strategy of the company.

“I am delighted to welcome Mark to the Orica Board. With more than 30 years of leadership experience in the chemical and energy sectors, he brings a track record in driving growth, productivity, and efficiencies across diverse global markets including Asia Pacific, Europe, the United States and the Middle East. Mark’s extensive experience complements the Board and supports Orica’s strategy for growth,” he said.

Following its normal Board succession practices and skills set and experience requirements, the Orica Board will continue to seek suitable candidates to join the board aligned with its growth strategy.

Mark Garrett biography

Mr Garrett’s extensive career in the chemical industry started in Australia with Ciba-Geigy Australia Ltd.

Over more than 30 years, Mr Garret held a range of commercial and senior leadership roles within Ciba-Geigy AG in Switzerland and DuPont in the United States, and as Chief Executive Officer at Borealis AG in Austria, a position he held for 11 years, and most recently as Chief Executive Officer at Marquard & Bahls AG, a Hamburg-based family-owned company with a presence in 36 countries and approximately 7,700 employees. Mr Garrett is an experienced leader with a proven ability to drive growth and productivity in diverse and intensive global markets.

Mr Garrett is a member of the Board of UMICORE NV/SA and Chairman of the Supervisory Board of OMV AG.