AIR air new zealand limited (ns)

Ann: DIRECTOR: AIR: Board changes announced by Ai

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    • Release Date: 05/02/14 12:01
    • Summary: DIRECTOR: AIR: Board changes announced by Air New Zealand
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    					AIR
    05/02/2014 10:01
    DIRECTOR
    
    REL: 1001 HRS Air New Zealand Limited (NS)
    
    DIRECTOR: AIR: Board changes announced by Air New Zealand
    
    Air New Zealand announces the appointment of former Fonterra CFO, Jonathan
    Mason as a director of the Company with effect from 1 March 2014.  Mr Mason
    will replace long serving director and former chairman John Palmer who will
    retire from the Board on 31 March.
    
    John Palmer served as Chairman of Air New Zealand from November 2001 until he
    resigned from that role in September 2013.
    
    Commenting on John Palmer's retirement, Chairman Tony Carter said:
    
    "It would be hard to overstate the enormous contribution John has made,
    initially to the survival and then to the successful rebuilding of Air New
    Zealand. During the 12 years of his oversight of the Board and management,
    the airline has through successive CEO's become a truly iconic New Zealand
    company and a global leader in the aviation industry. John's professional,
    approachable and inclusive style with the Board and management has steered
    the company through substantial change at every level. My colleagues on the
    Air New Zealand Board and I have all benefitted from the considered guidance
    and friendship John has extended to all of us."
    
    Consistent with policy and practice of continually introducing new people and
    skills on to the Air New Zealand Board, Mr Jonathan Mason has been invited to
    join the Board from 1 March 2014. Jonathan has extensive international
    financial experience in USA and New Zealand having held senior management
    positions at Carter Holt Harvey, International Paper Company, Cabot
    Corporation and most recently as CFO of Fonterra Cooperative. Jonathan is
    currently a director of Vector Limited and Zespri Group Ltd.
    
    "We are very pleased to be able to welcome Jonathan to our Board," said Tony
    Carter. "His international and financial experience with other highly
    regarded New Zealand companies in competitive markets brings a combination of
    skills which will contribute to the ongoing growth and success of Air New
    Zealand."
    End CA:00246671 For:AIR    Type:DIRECTOR   Time:2014-02-05 10:01:10
    				
 
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