Origin Energy Limited says that Sir Ralph Norris has advised that, because he intends to reduce his public company board commitments, he will not seek re-election at the 2015 Annual General Meeting, and will retire prior to that date. Sir Ralph joined the Board in April 2012 as an independent Non-executive Director.
Origin Chairman, Mr Gordon Cairns said, 'The Board thanks Ralph for his huge contribution to Origin. He has brought a wealth of financial and management expertise to the Board together with a deep knowledge of global business. We will miss him but wish him well.
'The Origin Board has in place a succession planning program, so is well placed to manage Sir Ralph's decision. We would expect to identify a new independent Non-executive Director prior to the 2015 Annual General Meeting,' Mr Cairns said.
Origin's Board Charter and Corporate Governance Statement are available on the Company's website.