Change - Announcement of Appointment::Appointment of Non-Independent Non-Executive Director - Gregory Morris

Issuer & Securities

Issuer/ Manager
WILMAR INTERNATIONAL LIMITED
Securities
WILMAR INTERNATIONAL LIMITED - SG1T56930848 - F34
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
27-Jun-2022 17:40:01
Status
New
Announcement Sub Title
Appointment of Non-Independent Non-Executive Director - Gregory Morris
Announcement Reference
SG220627OTHRP7CZ
Submitted By (Co./ Ind. Name)
Teo La-Mei
Designation
Director and Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Non-Independent Non-Executive Director - Gregory Morris

Additional Details

Date Of Appointment
01/07/2022
Name Of Person
Gregory Morris
Age
50
Country Of Principal Residence
United States of America
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
The Board of Directors of Wilmar International Limited (the "Company") has considered and accepted the recommendation of the Company's Nominating Committee to appoint Mr Gregory Morris (a nominee of Archer Daniels Midland Company ("ADM"), which is a substantial shareholder of the Company), as a Non-Independent and Non-Executive Director of the Company. Mr Morris replaces Mr Raymond Young, also a nominee of ADM, who has resigned as Non-Independent and Non-Executive Director of the Company. The Board is pleased to welcome Mr Morris, who, with his extensive senior management experience in ADM, a global agribusiness company, will complement the competencies and skills of the present Wilmar Board. Mr Morris will be able to provide valuable insight into the agribusiness industry and contribute to the Board's deliberations.
Whether appointment is executive, and if so, the area of responsibility
Non-executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Independent and Non-Executive Director
Professional qualifications
Masters in Business Administration, Drake University, Des Moines IA
Bachelors of Science in Finance, Illinois State University
Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/ or substantial shareholder of the listed issuer or any of its principal subsidiaries
Nominee and officer of Archer Daniels Midland Company ("ADM"), a substantial shareholder of Wilmar International Limited
Conflict of interests (including any competing business)
No
Working experience and occupation(s) during the past 10 years
Mr Morris joined ADM in 1995 and has held several senior-level merchandising and management positions. Prior to his current position, he was president of ADM's Oilseeds business. Before that, he led the launch of what was then known as the Company's WILD Flavors and Specialty Ingredients business unit.
Undertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6))
Yes
Shareholding interest in the listed issuer and its subsidiaries?
No
# These fields are not applicable for announcements of appointments pursuant to Listing Rule 704 (9) or Catalist Rule 704 (8).
Past (for the last 5 years)
N/A
Present
Archer Daniels Midland Company ("ADM") - Senior Vice President and President of ADM's Agricultural Services and Oilseeds business
(a) Whether at any time during the last 10 years, an application or a petition under any bankruptcy law of any jurisdiction was filed against him or against a partnership of which he was a partner at the time when he was a partner or at any time within 2 years from the date he ceased to be a partner?
No
(b) Whether at any time during the last 10 years, an application or a petition under any law of any jurisdiction was filed against an entity (not being a partnership) of which he was a director or an equivalent person or a key executive, at the time when he was a director or an equivalent person or a key executive of that entity or at any time within 2 years from the date he ceased to be a director or an equivalent person or a key executive of that entity, for the winding up or dissolution of that entity or, where that entity is the trustee of a business trust, that business trust, on the ground of insolvency?
No
(c) Whether there is any unsatisfied judgment against him?
No
(d) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving fraud or dishonesty which is punishable with imprisonment, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such purpose?
No
(e) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such breach?
No
(f) Whether at any time during the last 10 years, judgment has been entered against him in any civil proceedings in Singapore or elsewhere involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or a finding of fraud, misrepresentation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings of which he is aware) involving an allegation of fraud, misrepresentation or dishonesty on his part?
No
(g) Whether he has ever been convicted in Singapore or elsewhere of any offence in connection with the formation or management of any entity or business trust?
No
(h) Whether he has ever been disqualified from acting as a director or an equivalent person of any entity (including the trustee of a business trust), or from taking part directly or indirectly in the management of any entity or business trust?
No
(i) Whether he has ever been the subject of any order, judgment or ruling of any court, tribunal or governmental body, permanently or temporarily enjoining him from engaging in any type of business practice or activity?
No
(j) Whether he has ever, to his knowledge, been concerned with the management or conduct, in Singapore or elsewhere, of the affairs of :-
(i) any corporation which has been investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; or
No
(ii) any entity (not being a corporation) which has been investigated for a breach of any law or regulatory requirement governing such entities in Singapore or elsewhere; or
No
(iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; or
No
(iv) any entity or business trust which has been investigated for a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust?
No
(k) Whether he has been the subject of any current or past investigation or disciplinary proceedings, or has been reprimanded or issued any warning, by the Monetary Authority of Singapore or any other regulatory authority, exchange, professional body or government agency, whether in Singapore or elsewhere?
No
Any prior experience as a director of an issuer listed on the Exchange?
No
If no, please state if the director has attended or will be attending training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange
The Company will make arrangements for Mr Morris to undergo relevant training, if necessary.