Monday 11th June 2012
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Skellerup Holdings, the rubber goods and milking equipment manufacturer, has shifted chief financial office Guy Keogh to a new role in its Agri division and has begun a search for a new CFO.
Keogh will become Agri divisional manager in charge of dairy International, dairy local and footwear, the Auckland-based company said in a statement. He will continue as acting CFO until a replacement is found.
Chief executive David Mair said Keogh would “assist in the growth phase of the Agri business.”
The company has hired a recruitment firm to find a new CFO.
Shares of Skellerup rose 1.5 percent to $1.40 on the NZX and have declined 6.4 percent this year. The stock is rated a ‘buy’ based on a Reuters poll, with a price target of $1.58.
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