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Port of Tauranga chairman retires in October after 17 years as a director


David Pilkington, a director of the company since 2005, will replace John Parker.

Tina Morrison
Wed, 11 Jul 2018

Port of Tauranga chairman John Parker will retire in October after nine years leading the board and 17 as a director of the country's biggest export port.

David Pilkington, a director of the company since 2005, will replace Mr Parker while former Waste Management chief executive Kim Ellis has been appointed an independent director.

During Mr Parker's tenure as a director, the port company has grown its market capitalisation to $2 billion from $108 million.

Shares in Port of Tauranga rose 0.2 percent to $14.38, making it the highest price for a New Zealand company on the nation's exchange.

The stock has gained 9 percent this year.

(BusinessDesk)

Tina Morrison
Wed, 11 Jul 2018
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Port of Tauranga chairman retires in October after 17 years as a director
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