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    Sonic Healthcare (ASX:SHL) announces a board change

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    Sonic Healthcare (ASX:SHL) has just announced a change to its board.

    The Board of Sonic Healthcare is pleased to announce that, as part of the Board's continues renewal process, Professor Christine Bennett AO and Dr Katherine Giles have agreed to join the Board as independent, non-executive directors with effect from today.

    Professor Bennett is an experienced non-executive director un publicly listed, private and social enterprises.

    She is currently a non-executive director of ASX-listed Regis Healthcare (since March 2018), and an outgoing non-executive director of Telstra Health Pty Ltd.

    Dr Giles resides in Perth, WA and holds a Bachelor of Medicine, Bachelor of Surgery (Hons) and an MBS (Dean's Honours list) from the University of Western Australia.

    She is a registered medical practitioner with the Medical Board of Australia. Dr Giles is currently Managing Director and Chief Executive Officer of OncoRes Medical (since 2017), which specialises in biomedical innovation.

    Shares of Sonic Healthcare have risen 1.247% following the announcement.

    Any change in the make-up of a company?s board can have an impact on a company?s stock price.

    Generally, age-related turnovers and voluntary resignations have a marginal impact on the share price.

    However, when either the Chairman or another board member is ousted, this can have a significant impact on the stock price.

    As the role of the board is to endorse the strategy of the business, changes to the board can have an impact on the strategic direction of the company and therefore it?s future profitability.

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