Mirvac Group boosts board


Christine Bartlett MAICD and Samantha Mostyn have been appointed non-executive directors at Mirvac Group, taking the number of women on the company's eight-member board to four.

Bartlett is currently the executive general manager of asset servicing at National Australia Bank and the former CEO of Jones Lang LaSalle Australia.

Mostyn has extensive experience as a non-executive director and corporate adviser and currently sits on the board of Virgin Australia, Transurban, and CoverMore. She has also previously held senior positions at IAG and Optus.

Bartlett and Mostyn replace James MacKenzie FAICD and Marina Darling FAICD, both of whom have resigned from the board this year. 

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Meanwhile, iron ore mining company, BC Iron, has cut the size of its board from eight to five as it looks to cut costs in the sharply lower iron ore price environment.

Three directors, including former managing director Mike Young MAICD and non-executive directors Malcolm McComas FAICD and Peter Wilshaw MAICD, have resigned with immediate effect.

The changes leave non-executive chairman Tony Kiernan FAICD, managing director Morgan Bell and three non-executive directors (NEDs), Brian O'Donnell MAICD, Terry Ransted and Andy Haslem on the board. 

The BC Iron board has also announced it will reduce the fees of the remaining NEDs with effect from the beginning of 2015.