Leading Brands has announced the appointment of a new director at the company.

Stephen Fane was most recently president and CEO of Hot House Growers Income Fund, a publicly-traded income trust. He replaces David Bowra as a director and - being qualified as an audit committee financial expert - will join the company's audit committee. Fane will serve the balance of Bowra's present term, the soft drinks company said on Friday (5 October).

Chairman and CEO, Ralph McRae said: "I have known Steve Fane for many years and he will bring to us not only his expertise as a senior financial person but also his experience in running and managing significant public companies. That balance of professional and entrepreneurial experience is a great asset for us."