The Chairman of The Warehouse Group Limited, Ted van Arkel announced that he was intending to step down from the Board of the company later this year. Consequently the Board commenced a process which has resulted in the decision to appoint Joan Withers as a Director and the next Chair of The Warehouse Group Limited. She will join the Board and take over the position as Chair on 23 September 2016. Joan's term at TVNZ ends in early 2017 and she has indicated to the Minister she will not be seeking reappointment. She will also be retiring from the Advisory Board of The Treasury in September this year. Joan Withers will resign as a trustee of the Tindall Foundation in the near future. Sir Stephen also thanked Joan for the wonderful contribution and service she had given to the Foundation over the past seven years. At the same time the Board announced the appointment of Julia Raue as a new Director who will start her term as a Director with Joan on 23 September 2016. Ms Raue was the former CIO of Air New Zealand from 2007 to 2015 and has, since retiring from that role, been appointed as a Director of Z Energy, Jade Technology, Southern Cross Healthcare, Television New Zealand and a Member of the Risk Committee of The Treasury. The Board has determined that Joan Withers and Julia Raue will be Independent Directors.