Pacific Brands chairman James MacKenzie has relinquished his role at the company after almost four years of service.
MacKenzie, who joined the board of Pacific Brands Limited in May 2008 and was appointed as chairman in November 2008, will officially step down from the role of chairman on June 30, and will be replaced by non-executive director Peter Bush.
However, in statement issued today, Pacific Brands confirmed that MacKenzie will maintain ties with the company and will remain on the board as a non-executive director.
Going forward, MacKenzie will manage an “orderly hand-over of his chairman's duties" to Bush and will also continue with his other non-executive roles outside of Pacific Brands.
In addition to his work at Pacific Brands, MacKenzie is also chairman of Mirvac Group (since 2005) and Gloucester Coal Limited (appointed June 2009), and a director of Melco Crown Entertainment Limited (appointed April 2008).
MacKenzie's successor, Bush, joined the board in August 2010 and has previously worked in the area of fast moving consumer goods, holding senior roles with SC Johnson, Reckitt & Coleman, Ampol/Caltex and Arnotts and was CEO of AGB McNair and Schwarzkopf. He also managed his own strategic consultancy business for six years with clients including Qantas, Telstra, George Patterson Bates, John Singleton Advertising and McDonald's Australia.
In 2003, Bush became the CEO of McDonald's Australia, and also worked as its divisional president for Pacific, Middle East and Africa before leaving the company in April 2010.
Pacific Brands is an ASX-listed clothing company which owns a raft of brands, including Bonds, King Gee, Stubbies, Jockey, Diesel, Everlast, Berlei and Mossimo.