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New director and independent chair for HVP as Adrian Kloeden steps down

Adrian Kloeden

Adrian Kloeden is stepping down as a director and independent Chair of Hancock Victorian Plantations after eight years to focus on his increasing range of business and other interests. Senior business executive and commercial lawyer Therese Ryan has been appointed as a director and independent chair. Source: Timberbiz

After initially commencing work at HVP Plantations (through a predecessor entity APM Forests), as a forestry student at the age of 18, Mr Kloeden returned to HVP in the role of Chair of the Board of Directors in 2014.

“I am grateful and privileged for the opportunities provided in my role as Chair, and I feel very connected to forestry, HVP and its people,” Mr Kloeden said.

“I am proud of what we have achieved together. I have witnessed the HVP team grow in size and skills to meet our many challenges with sound leadership and a strong culture from the entire team.

“Together, we have delivered stewardship goals, supplied the needs of our customers and increased the forest estate’s value significantly”.

Mr Kloeden also acknowledged the support of his Board colleagues.

“HVP has a skilled and committed Board which will continue to guide the company professionally with a clear focus on the stewardship of our forests, the well-being of our people and solid returns to our shareholder investors who have supported us so well”.

Ms Ryan has extensive experience as a senior business executive and commercial lawyer working in widely diversified businesses in Australia and internationally. She brings strong commercial sense, risk management and strategic thinking.

Therese Ryan

For the past 10 years, Ms Ryan has been a professional company director, serving on a number of listed, state owned, superannuation and not for profit boards.

Ms Ryan currently serves on the boards of listed entities Bapcor Ltd and Korvest Ltd; is Chair of Victorian Government owned Gippsland Water; a director of Tasmanian Government-owned Sustainable Timber Tasmania; and is a former director of VicForests.

“These are exciting times. The business is well placed to continue its prime position as a provider of sustainably managed Australian grown plantation timber into the Australian market, and to increase its contribution to climate change mitigation, supporting Government policy to reach emission reduction targets at national and state levels,” Ms Ryan said.

“I am looking forward to working with my fellow Board members, the Chief Executive Officer Mr Stephen Ryan and his leadership team, and our talented people. We have the strength and capability to continue the excellent work already underway and to harness the opportunities that will position the organisation for the future,” she said.

The changes are effective from September 16.