Fiji Kava (ASX:FIJ) flags director retirement ahead of November AGM

• Fiji Kava (FIJ) announces the retirement by rotation of director Nicholas Simms, effective immediately
• Mr Simms says he believes the company has a “terrific future” as it transitions to The Calmer Co and launches its Leilo dietary shot range across the US
• The company advises its shareholders that its annual general meeting will be held on November 30 in Queensland
• Shares in FIJ closed 5.26 per cent lower at 1.8 cents on Tuesday afternoon

Health and wellness specialist Fiji Kava (FIJ) on Monday announced the retirement by rotation of director Nicholas Simms, effective immediately.

Mr Simms said he believed the company had a “terrific future” as it transitioned to The Calmer Co and launched its Leilo dietary shot range across the US

“I have enjoyed working to address the considerable challenges that the company has faced over what has been a turbulent few years and wish the team success in the transition to The Calmer Co and the business’ focus on functional beverages,” Mr Simms said.

FIJ Chair Andrew Kelly said Mr Simms served the company well as he helped secure distribution with leading retailers Coles and Chemist Warehouse and helped develop The Calmer Co’s ready-to-drink functional beverages strategy.

“On behalf of my fellow board members and shareholders, and the entire Fiji Kava Group staff, I would like to extend my sincere thanks to Nick for his service to the company,” Mr Kelly said.

Fiji Kava advised its shareholders its annual general meeting will be held on November 30 in Queensland.

Shares in FIJ close 5.26 per cent lower at 1.8 cents on Tuesday afternoon.