Sharechat Logo

Powell assumes Hirepool reins

By Graeme Kennedy

Friday 1st August 2003

Text too small?
Tenby Powell took over as managing director of equipment hire company Hirepool this week , two months after he and wife Sharon Hunter bought 24.5% of the former Owens Group business.

Chief executive of competitor Projex for seven years, Mr Powell (43) said his first priority in his new job was to expand Hirepool into a nationwide operation.

"We are the market leader in Auckland, Wellington and Hamilton," he said.

"But we need to strengthen Christchurch and get coverage in the provinces ­ and we will do that very quickly.

"Hirepool is a tremendously successful company and I take my hat off to Michael Buchowski for what he has achieved."

Hunter-Powell Investments bought into Hirepool as part of a consortium led by a JB Were private equity fund while Owens Group retains 24.5%.

"It was not my original intention to become managing director," Mr Powell said.

Mr Buchowski had held the top job for the past eight years.

  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

12th November 2019 Morning Report
MARKET CLOSE: NZ shares gain, retirement villages buoyed by Auckland housing market bounce
NZ dollar rises, shrugging off US-China trade war woes
Long-serving ACC investment chief calls it a day
Institutional investors continue to shun Fonterra
Card spending stalls; dearer petrol crowds out other goods
Abano directors cave to takeover by scheme of arrangement
Fletcher dismisses subcontractor claims as vague
11th November 2019 Morning Report
Odds favour a rate cut but it's a line ball call

IRG See IRG research reports