Vanessa Wallace is in position to take over as Ecofibre chair when industry stalwart Barry Lambert steps down at this year’s annual meeting.

Wallace, who has a long track record as a director of listed and non-listed companies including Wesfarmers, Seek, Doctor Care Anywhere and Palladium Holdings, will join the board as deputy chair on July 1, 2021.

Vanessa Wallace: joining the Ecofibre board

Her career includes almost 30 years as a strategy management consultant, where she focused on financial services, health and consumer product industries.

Lambert said: “An experienced director with Vanessa’s drive, experience and track record is what is needed at this stage of Ecofibre’s development to capitalise on the opportunities available.”

Wallace said she was looking forward to joining the board and working with Ecofibre CEO Eric Wang.

She added: “I look forward to contributing to Ecofibre’s future, building on Mr Lambert’s passion and contributions. The company has environmentally sustainable businesses in large markets, in industrial design hemp products, high-quality natural health care and Australian sourced plant-based foods.”

Prior to launching Cannabiz, Martin was co-founder and CEO of Asia-Pac’s leading B2B media and marketing information brand Mumbrella, overseeing its sale to Diversified Communications in 2017. A journalist...