SECOS Group Limited announced changes to its Board of Directors. Current SECOS Executive Chairman, Mr. Richard Tegoni will take on the role of Executive Director. Current non-executive director Mr. Jim Walsh will assume the role of Non-Executive Chairman.

The changes will be effective from 1 February 2023. Mr. Tegoni has served as Executive Chairman on the SECOS Board since October 2013 and brings over ten years' experience in the biopolymer industry together with experience in several senior executive roles across a range of industries. Mr. Tegoni was a very early-stage investor into the biopolymer industry and has guided the business from a small start up to become a global player in compostable products and technology making him an ideal person to take the helm as CEO and lead the Company on its next stage of growth.

Mr. Jim Walsh joined the SECOS Board in November 2018 and chairs both the Remuneration and Audit and Risk committees. Mr. Walsh was previously chair of GMHBA Ltd. and is currently a Non-Executive Director of AG Coombs Group Pty Ltd. and Non-Executive Chairman of KM Property Fund Ltd. Jim is a Fellow of both Chartered Accountants ANZ and the Australian Institute of Company directors.