Innovation & Technology at Orica Gets a New Leader

Mr Boon Swan Foo and Ms Maxine Brenner will retire from the Board of Directors of Orica Limited at the end of the 2022 Annual General Meeting, effective 14 December 2022.

FREMONT, CA: After Orica Limited’s 2022 Annual General Meeting on 14th December 2022, Orica Limited (ORI: ASX)  chairman Malcolm Broomhead announced that Ms Maxine Brenner and Mr Boon Swan Foo would retire from the board. Broomhead remarked that Maxine Brenner has contributed greatly to Orica during her employment, serving on several board committees, including the Nominations Committee, the Board Audit and Risk Committee, and the Chair of the Human Resources and Compensation Committee. The company has benefited greatly from Ms Brenner's significant corporate advisory experience and sage advice over the past nine years.

Boon Swan Foo joined the board in 2019 and has participated in its Nominations Committee, Board Audit and Risk Committee, and Innovation and Technology Committee. Mr Swan Foo's expertise in the energy, oil and gas, and automotive sectors, as well as his business knowledge of Asia, have been extremely valuable.

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One of the top suppliers of infrastructure and mining solutions worldwide is Orica. The company sustainably mobilises the ground's resources through the manufacturing and supply of explosives, blasting systems, mining chemicals, and geotechnical monitoring, as well as through our cutting-edge digital solutions and extensive range of services. Orica’s 13,000+ community of engineers, scientists, technicians, operators, business professionals, and on-site staff support clients in surface and deep mines, quarries, construction, and oil and gas activities with more than 145 years of combined experience.

The business is committed to sustainability. Their sustainability strategy starts with ensuring we run our company ethically and focusing on the security of our employees, clients, and communities. Orica is uniquely positioned to use its technological know-how to develop safer and more responsible solutions and benefit the economy, society, and environment through our commercial activities.

Orica’s goal is to revolutionise how drills and blasts are utilised to release the value of mining by utilising digital and automated technology to give customers safer and more effective blast results. Their dedication to long-term technology investment serves as the cornerstone of their technology and innovation strategy. Over 200 scientists, engineers, and technologists work for the organisation globally, and they have technology centres in Australia, the United States, Canada, Sweden, Germany, and Singapore, as well as a Center for Innovation and Collaboration in Chile.

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