AIA
23/12/2015 17:20
OFFICE
NOT PRICE SENSITIVE
REL: 1720 HRS Auckland International Airport Limited
OFFICE: AIA: AIAL New chief financial officer appointed
Media Release | 23 December 2015
New chief financial officer appointed
Auckland Airport has announced the appointment of Phil Neutze as the
company's chief financial officer.
The chief financial officer is responsible for managing Auckland Airport's
corporate strategy, financial affairs, procurement, legal, aeronautical
pricing, risk management and insurance matters.
Adrian Littlewood, Auckland Airport's chief executive, says, "Phil joined
Auckland Airport in March 2010 as the Head of Business Intelligence and since
August 2015 he has been the Company's acting chief financial officer. Phil's
formal appointment as the chief financial officer follows an extensive search
process."
"Over the past six years Phil has played a critical role in our finance team
as well as in the development of our 'Faster Higher Stronger' business
strategy and our regulatory information disclosure programme. As a
consequence he has an intimate understanding of the Company and what drives
our business."
"Phil has been responsible for a number of significant initiatives for
Auckland Airport, including the $450 million capital return to shareholders
in 2014, and he played a key role in our investment in Queenstown Airport in
2010. In his time with the Company he has delivered around $2 billion of debt
raisings from banks, and domestic and United States capital markets. Phil
also oversaw the detailed work underpinning our current aeronautical
pricing."
Phil is a certified practicing accountant, holds an MBA with distinction and
is a certified member of the Institute of Finance Professionals NZ Inc. In
his decade-long investment banking career Phil held senior roles with Ord
Minnett, JPMorgan and PwC assisting clients with mergers, acquisitions,
divestments, funding and general corporate finance. Prior to his time in
investment banking, Phil worked for the New Zealand Treasury advising the
Minister of Finance on tax policy development and legislation.
"I am delighted to make this internal appointment which is a testament to
Phil's capability and his knowledge of the business, and to the capability
within our team," says Mr Littlewood.
Phil Neutze says, "I love working for Auckland Airport and helping to grow
travel, trade and tourism for New Zealand. The almost six years I have been
with the Company gives me a great basis on which to take on this exciting new
role."
Ends
For further information please contact:
Simon Lambourne
+64 27 477 6120
[email protected]
End CA:00275704 For:AIA Type:OFFICE Time:2015-12-23 17:20:21
