HBY
05/11/2015 10:40
OFFICE
NOT PRICE SENSITIVE
REL: 1040 HRS Hellaby Holdings Limited
OFFICE: HBY: Hellaby appoints Alan Clarke as Managing Director
Hellaby Holdings Limited - NZX / Media Release 5 November 2015
Hellaby appoints Alan Clarke as Managing Director
Hellaby Holdings Limited (NZX: HBY) today advises that, further to the
announcement on 18 September 2015, Alan Clarke has this week commenced as
Hellaby's new Chief Executive Officer and has today been formally appointed
to the position of Managing Director.
ENDS
For further information please contact:
Steve Smith
Chairman, Hellaby Holdings Limited
M +64 21 791 342
www.hellabyholdings.co.nz
Hellaby at a glance
Hellaby Holdings is an NZX-listed investment holding company, which owns a
diversified portfolio of 15 industrial, distribution and retail businesses.
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's core purpose is to generate long-term shareholder value by building
better businesses. We achieve this through a combination of performance
improvement and organic growth in the businesses we own, as well as smart
acquisitions and divestments. We describe this strategy simply as 'Buy,
Build, Harvest'.
Our investment portfolio is structured through four divisions - Oil & Gas
Services, Automotive, Equipment and Footwear - with 3,000 people across New
Zealand, Australia, Middle East and North America. We have a variable
investment horizon, and our portfolio will evolve as opportunities arise in
target investment areas.
We actively manage our investments through a lean corporate office, and
decentralise leadership and performance accountabilities to our companies.
We seek to generate total shareholder returns superior to the NZX50.
End CA:00272901 For:HBY Type:OFFICE Time:2015-11-05 10:40:17
