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Hot Topic Budget 25
General Business
2 mins to read

Mass board exodus at NZ Automotive Investments

Further resignations at the 2 Cheap Cars owner after breakdown of trust with major shareholder.

Former chair Karl Smith and departing CEO David Page.

The directors and a co-founder of NZX-listed New Zealand Automotive Investments have resigned over a breakdown of trust and confidence with major shareholder David Sena.

In an announcement to the NZX this morning, the owner of the second-hand car dealer 2 Cheap Cars said Charles Bolt, Tim Cook, and

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Jonathan Mitchell Tue, 19 Jul 2022
Contact the Writer: jmitchell@nbr.co.nz
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Mass board exodus at NZ Automotive Investments
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