Barry Lambert

The Countplus Limited Board, led by Chairman Barry Lambert since 2006, yesterday announced the retirement of Barry Lambert as Chairman, effective immediately.

In announcing his retirement as Chairman, Barry Lambert advised the Board he would be available to continue to serve as a Director of the company in the short term.

Barry Lambert retires as Chairman with the best wishes and thanks of the entire Board of Directors.

Yesterday’s announcement is consistent with Barry Lambert’s stated intention to retire within a year of the 2016 company Annual General Meeting (AGM). He is succeeded by highly-credentialed financial services industry leader, Ray Kellerman, as Non-Executive Chairman of Countplus (ASX: CUP).

Late last year the Lambert’s sponsored the Lambert Centre for the study of Medicinal Cannabis and Hemp at Thomas Jefferson University – Philadelphia USA. Before leaving to attend a meeting with Senior American Doctors and Scientists, Barry Lambert said

“Many Australians have seen our campaign to have our grand-daughter Katelyn Lambert’s “life-saving” medicinal cannabis legalised not only for Katelyn but an estimated 200,000 Australians who are acting illegally by accessing full spectrum Hemp/Cannabis extract for a range of conditions where traditional Pharmaceutical drugs don’t work well enough or have harmful side effects. This will remain a high priority.

“Secondly, I have been invited to become the Chairman of Ecofibre, an 18-year old Australian company, considered a global leader in all aspects of industrial hemp. The company, has largely moved its operations offshore, where it produces and sells a very competitively priced Nutraceutical – Ananda Hemp. Ecofibre is planning a 2018 Australian sharemarket listing,”

“Most importantly, I thank the Countplus Board, the company’s new CEO Matthew Rowe and incoming Chairman Ray Kellerman for their support of my decision to retire as Chairman from Countplus.”

Barry Lambert went on to say “I understand and am disappointed by the factors that have worked against the overall performance of Countplus in recent times. I also appreciate the opportunity with a new leadership team to unlock the full potential of the Countplus business and model moving forward.”

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