Hellaby board appoints Steve Smith as incoming chairman

Hellaby Holdings' Steve Smith

Free audio stream, including stories that are padlocked on our site. Listen on any device, anywhere. Updated twice daily. The audio stream takes several seconds to start on Android devices.

Launch Radio player

Hellaby Holdings' [NZX: HBYboard has appointed independent director Steve Smith to take over the chair when John Maasland retires at this year's annual meeting in October.

Smith will take over as chairman at the end of the October meeting, when Maasland formally retires, Hellaby said in a statement. Smith, who joined the Hellaby board in 2008, is a professional director who currently sits on the boards of NZX-listed insurer Tower and privately held construction firm Fulton Hogan, and was previously a partner at accounting firm PwC.

Once Maasland retires, the board will consist of five non-executive directors and the managing director, Hellaby said.

The shares increased 0.4 percent to $2.80 today, and have dropped 14 percent this year.

(BusinessDesk)


Got a question about this story? Leave it in Comments & Questions below.

This article is tagged with the following keywords. Find out more about MyNBR Tags

NZ Market Snapshot

Forex

Sym Price Change
USD 0.6682 0.0000 0.00%
AUD 0.8900 0.0000 0.00%
EUR 0.6004 0.0000 0.00%
GBP 0.4291 0.0000 0.00%
HKD 5.1867 0.0000 0.00%
JPY 82.0970 0.0000 0.00%

Commods

Commodity Price Change Time
Gold Index 1163.5 -2.500 2015-07-02T00:
Oil Brent 62.6 -0.180 2015-07-02T00:
Oil Nymex 56.9 -0.010 2015-07-02T00:
Silver Index 15.6 -0.015 2015-07-02T00:

Indices

Symbol Open High Last %
NZX 50 5841.5 5872.6 5841.5 -0.01%
NASDAQ 5024.3 5027.5 5013.1 -0.08%
DAX 11082.0 11123.2 11099.4 -0.37%
DJI 17763.3 17825.5 17757.9 -0.16%
FTSE 6630.5 6630.8 6630.5 -0.67%
HKSE 26349.8 26402.8 26282.3 -0.83%
NI225 20476.7 20557.5 20522.5 0.08%