Appointment of New Chief Financial Officer

NZX-listed wool carpet manufacturer Bremworth has appointed a new Chief Financial Officer, as the company looks to accelerate its growth programme across its domestic and international markets. Mandy Tomkins-Dancey has been named replacement of long-serving CFO Victor Tan who is retiring from the position. Tomkins-Dancey will join the company in March next year. Over the past 27 years, Tomkins-Dancey has worked in finance roles in the pharmaceutical, viticulture and advertising sectors across New Zealand, Australia and US - most recently as CFO for the Skin Institute chain. Greg Smith, CEO of Bremworth, says the appointment of the new CFO comes at a pivotal time in the company's history. "Earlier this year, our flood-impacted Hawke's Bay facility was taken offline during Cyclone Gabrielle. "While the disruption has been significant in many aspects of our operations, we were well prepared and are now emerging as a significantly stronger, leaner and more resilient business. "The CFO role plays an essential role in ensuring we are not only ready to weather these events but also to adapt dynamically to our new operating environment. "Over the course of the coming year and beyond, Bremworth will be looking to accelerate its growth in new channels and new global markets. Mandy's extensive experience as CFO across a diverse range of industries and countries will be critical in providing the strategic financial guidance we need to grow," he says. Smith says he also wants to acknowledge the 40 years of professionalism and loyalty to the company provided by retiring CFO Victor Tan. "Victor has provided expert guidance, astute governance and insights and we are grateful to have had his support throughout his tenure with us and also to retain his expertise as Company Secretary," he says. 7 December 2023 -ENDS- ________________________________________ For further information, please contact: Greg Smith CEO Bremworth +64 21 711622 End CA:00423071 For:BRW Type:ADMIN Time:2023-12-07 10:02:56