- Release Date: 27/07/12 16:04
- Summary: DIRECTOR: HBY: Hellaby Holdings Appoints New Director
- Price Sensitive: No
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HBY 27/07/2012 14:04 DIRECTOR REL: 1404 HRS Hellaby Holdings Limited DIRECTOR: HBY: Hellaby Holdings Appoints New Director HELLABY HOLDINGS LIMITED - NZX / Media Release: 27 July 2012 Hellaby Holdings Appoints New Director Investment company Hellaby Holdings Limited today announced the appointment of Mark Cowsill to the board of the company as a non-executive independent director, effective immediately. Mr Cowsill, a Chartered Accountant, is also a director of Hubbard Foods and NZX-listed Sanford. Prior to recently embarking upon a career of non-executive directorships, he was managing director of Frucor Beverages from 1992 to 2011, during which time he led Frucor to become a global company under various ownership structures. Mr Cowsill brings strategic and operational expertise, knowledge of the Australian market and practical acquisitions experience to the Hellaby board. ENDS For further information please contact: John Maasland Chairman Hellaby Holdings Limited Mobile: 021 963 145 Richard Jolly Chief Financial Officer Hellaby Holdings Limited Phone: 09 307 6844 Mobile: 0274 976 710 About Hellaby Holdings: Hellaby Holdings ('Hellaby') is an NZX-listed investment holding company, which owns a diversified portfolio of New Zealand and Australian industrial, distribution and retail businesses. We structure our investment portfolio through four divisions - Automotive, Equipment, Packaging and Footwear. Our vision is to be a leading Australasian investor, based on the value we add to our portfolio, the returns we deliver to our shareholders and the calibre of our people. Hellaby will generate attractive long-term shareholder value through a combination of performance improvement and organic growth in the businesses we own, and through smart acquisitions and divestments. We describe this strategy simply as 'Buy, Build, Harvest'. We seek to generate total shareholder returns superior to the NZX50 Gross Index. We have a variable investment horizon, and our portfolio will evolve over time. We actively manage our investments through a lean corporate office, and decentralise leadership and performance accountabilities to our companies. End CA:00225391 For:HBY Type:DIRECTOR Time:2012-07-27 14:04:15
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