Swire Pacific Ltd.'s board of directors appointed Michelle Mei Shuen Low as executive director while announcing the departure of Martin Cubbon.

Cubbon has resigned as executive director and is set to depart Oct. 1, while Low will join the board, effective July 1.

Cubbon confirmed that the resignation from the board is due to his retirement and not due to any disagreement with the company. Low, meanwhile, is a director of John Swire & Sons (H.K.) Ltd. and Swire Properties Ltd.