Premier Investments Limited announced that Deputy Chairman Mr. Frank Jones will step down from his role and retire from the Board, effective from 25 July 2015. He was until recently a member of the Audit and Risk Committee of Premier and was the Committee's chairman until 31 July 2010. Mr. Jones is also a past Director and Chairman of Breville Group Limited.

The company also announced that Dr. David Crean will replace Mr. Jones in the role of Deputy Chairman from 25 July 2015. Dr. Crean has been an Independent non-executive Director of Premier since December 2009 and is currently Chairman of Premier's Audit and Risk Committee.