Tipco Foods announced the resignation of Khun Pichawat Chomchuen as the independent director, a member of audit committee and Chairman of the Nomination & Remuneration Subcommittee due to his health problem. His resignation is effective on January 31, 2014. The Board has assigned the Nomination & Remuneration Subcommittee to search and propose the replacement of the independent director in the next board of directors' meeting.