Vanessa Wallace is poised to take over as chairman of hemp company Ecofibre from long-time backer Barry Lambert, who plans to step down at this year’s annual meeting.
Ms Wallace, a director of Wesfarmers and Seek, will join the Ecofibre board as deputy chairman, effective July 1.
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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com