FOUNDER and chair of the Terry White Group (TWG) Terry White and his wife and co-founder Rhonda White will take more of a back seat in a restructure of the group's board of directors, announced at the Annual General Meeting.
Current deputy chair and independent non-executive director Ron Higham will become chairman of the Board in place of Terry White who will remain on the Board as deputy chair.
Rhonda White will also step down as a director as will non-executive director Adrian Staltari.
Terry White said following its merger with Chemmart, which doubled the size of the group to approximately 500 pharmacies, he believed it was an appropriate time to reshape the Board to lead the company through its next stage of development.
"Ron Higham has been a director with TWG for the last seven years and he has been a tremendous influence and driving force behind the company's achievements and has been instrumental in guiding the growth of the business," he said.
While Rhonda White is stepping down as a director, she will continue to provide expert advice and guidance to the group.
"Without Rhonda's leadership, business acumen and visionary approach over the years, we wouldn't be where we are today."
Staltari was also thanked for his contribution around developing the group into a "significant and growing force in the pharmacy industry".
White said he believed TWG had a very exciting future ahead, adding "I am looking forward to remaining on the Board as Deputy Chair as we enter this next exciting stage in our growth".
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