Former interim CEO John Journee has been appointed as the retailer’s next chair, replacing Joan Withers, who says the board has been through ‘crucible of pain’.
‘You hunt today so you can eat tomorrow – that’s the right decision for creating long-term value,’ CEO of software provider to utilities and airport companies says.
John Strowger’s nod raises questions about board independence and conflicts of interest, as intricate personal and professional ties come under scrutiny.
More processing offshore has led to lower costs and higher capacity – and bigger growth aspirations, company tells shareholders.
The aged care provider is selling off assets to repay ASB Bank for its $23m loan facility, which expires in late January.
Analysts lower profit expectations for next three financial years.
Payments provider suffered ‘cyber incident’ in June, sees total comprehensive income drop 27%.
While the iconic retailer is keen to provide a low-cost alternative it has acknowledged its own limitations.
Deal follows secret Auckland Council session and councillor complaints of being misled by officials.
John Berry is this year’s ‘Superstar’ at the Sustainable Business Awards, and his firm Pathfinder has also won big.