Mr. Colin Archer, Chairman of Retail Food Group Limited advised the Board that he will retire as a Director and Chairman of the Board with effect from September 25, 2018, following over 10 years' service with the Company. Mr. Stephen Lonie, who has been an independent non-executive Director of the Company for the past five years, will succeed Mr. Archer as Chairman of RFG. Mr. Lonie is a Chartered Accountant by profession and is currently a Director of a number of other listed corporations. RFG also announced the appointment of two new non-executive Board members, Mr. David Grant and Mr. Peter George. Mr. Grant is currently a director of Event Hospitality and Entertainment Limited and Murray Goulburn Cooperative Limited. Mr. George is an experienced executive and non-executive Director, with an extensive background in telecommunications, media and corporate finance, including four years on the Board of Australia's Optus Communications.