BLUE Energy Limited has advised that Non-Executive Director Karen Johnson has retired as a Director of the Company due to other work commitments.

Ms Johnson was appointed as a Director of the Company on September 30, 2011 and has served as the Chair of the Risk and Audit Committee since that time.

Blue Energy’s Chairman John Ellice-Flint acknowledged Karen’s many and wide-ranging contributions to the Company.

“Karen has contributed enormously to the Blue Energy Board, bringing her extensive accounting and audit expertise and rigor plus her business acumen to assist in navigating the Company through many at times, challenging issues,” Mr Ellice-Flint said.

“The Directors express their sincere gratitude to Karen for her sound and considered advice, and in particular, her hard work as Chair of the Risk and Audit Committee. We take this opportunity to publicly acknowledge her contribution and to wish Karen every success in the future.”

Following her departure, the role of Chair of the Risk and Audit Committee will be assumed by Rodney Cameron who has been a member of that Committee since 2011.