KATH FOX CONCLUDES APPOINTMENT AS CEO OF RICHMOND NZ

Press Release - 7 October 2011

Richmond NZ Trust announced today that Kath Fox is concluding her appointment as Chief Executive of Richmond New Zealand Trust after five and a half years at the helm.

Richmond is a national organisation providing a range of residential and community based mental health and disability services.

In accepting her resignation, Professor Ken Daniels noted Kath’s significant contribution to the development of the organisation. He said Ms Fox leaves behind an organisation in very good heart noting that Richmond has a strong balance sheet and a very capable workforce dedicated to the well-being of clients. “We are well positioned to tackle the challenges that lie ahead for our sector” said Professor Daniels.

“All of this is testimony to Kath’s hard work and commitment to Richmond” concluded Professor Daniels.

In due course Richmond intends to undertake an executive search to a find a replacement.

Professor Ken Daniels

Chair, Richmond New Zealand Trust Limited