Monday 16th January 2012
|Text too small?|
Cavalier Corporation’s chief executive and managing director, Wayne Chung, is to retire from his executive role and be replaced by operations manager Colin McKenzie.
Chung shall remain ceo role until March 15, and will remain on the board as a non-executive director, which McKenzie will also join.
McKenzie joined Cavalier Bremworth as general manager of manufacturing in 2003 and has since risen through the ranks becoming group general manager operations in 2005 and chief operating officer in 2008.
Shares in Cavalier have risen 2 percent to $2.55 since trading opened this morning, showing recovery from a low of $1.90 on Dec 29.
No comments yet
Telecom will offer CEO and senior managers performance equity grants to boost profits
Former Fonterra executive Alison Andrew appointed to head Transpower
MRP director Miller, CFO Meek go trawling for cheap shares
Rob Fyfe to leave Trilogy board, seeks new senior role in NZ
Godfrey Hirst appeals High Court ruling on Cavalier warranties
David Ross appears at District Court hearing, remanded until Aug.29
Cavalier Corporation announces preliminary announcement of June 2013 full year results
Crown drops charge against ex-SCF finance chief Graeme Brown
Postie Plus appoints No 1 Shoes executive Binns as new CEO
Pumpkin Patch CEO Neil Cowie resigns to take job with rival retailer