Share
- Release Date: 31/05/13 14:54
- Summary: DIRECTOR: POT: PORT OF TAURANGA ANNOUNCES CHANGES TO BOARD OF DIRECTORS
- Price Sensitive: No
- Download Document 1.59KB
POT
31/05/2013 12:54
DIRECTOR
REL: 1254 HRS Port of Tauranga Limited (NS)
DIRECTOR: POT: PORT OF TAURANGA ANNOUNCES CHANGES TO BOARD OF DIRECTORS
The Chairman of Port of Tauranga Limited, John Parker, today announced that
he will retire from the Board at the Annual Meeting on 24 October 2013.
David Pilkington, who has been a Director of the Company since 2005, will
replace John as Chairman and as a consequence of John's retirement from the
Board, Kim Ellis has been appointed as an independent Director with immediate
effect.
"I have been a Director of Port of Tauranga for 17 years and Chairman for
nine, and it's probably too long" said Parker, "but chairing a company with
such a good Board and management has been a privilege and a pleasure. I
retire knowing that the Company is in very good hands. David Pilkington is a
very experienced Director and currently Chair of Hellers, a Director of
Restaurant Brands, Ballance Agri-Nutrients and Zespri. Kim Ellis brings a
depth of experience to the Board. He was for 13 years Chief Executive Officer
of Waste Management. He Chairs EnviroWaste Services and is a Director of
Freightways, Ballance Agri-Nutrients, Moa Brewing and Fonterra Shareholders
Fund."
Port of Tauranga has grown over the past 17 years from a market
capitalisation of $108 million to $2 billion and in the 20 years since
listing, the growth has been spectacular with shareholders receiving a 24%
average annual return on their investment.
For further details, contact:
John Parker
Chairman
Port of Tauranga Limited
Ph: 027 442 1854
End CA:00236939 For:POT Type:DIRECTOR Time:2013-05-31 12:54:59
