New CFO appointed

24 October 2012

Cavalier Corporation advises that Paul Alston has been appointed as Chief Financial Officer replacing Victor Tan who is retiring after 28 years with the Company.

Paul will join the Company on 19 November and following a formal induction, Victor will work alongside Paul until after the half year reporting period so that an appropriate transition of duties can take place.

Most recently Paul was the CFO of the Turners & Growers Group, a listed New Zealand company.

Paul is a Chartered Accountant. He started his career with Deloittes in Wellington, followed by a number of years in London and Frankfurt working in the investment banking industry, mainly with JP Morgan and Deutsche Bank.

In addition to merger and acquisition experience, Paul has been involved in many company restructures and reorganisations.

The Board welcomes Paul to the Company.

For and on behalf of the Board of Directors


Colin McKenzie
Managing Director