Sharechat Logo

Wrightson chairman to steer Air NZ

By Phil Boeyen, ShareChat Business News Editor

Friday 30th November 2001

Text too small?
Wrightson (NZSE: WRI) chairman John Palmer is to sit at the head of the table at Air New Zealand (NZSE: AIRVA).

Mr Palmer has been named chairman of the embattled airline, allowing current acting chairman, Jim Farmer, to step away from the spotlight.

Dr Farmer has been in the firing line for Air New Zealand ever since Sir Selwyn Cushing stood down from the boardroom job in late May.

Aside from Wrightson John Palmer is chairman of two other companies and a director of AMP Bank. Past experience includes chairmanship of Trustbank Canterbury, where he also worked on the Trust Bank float and the company's eventual sale to Westpac in 1996.

Dr Farmer has welcomed the appointment of the new chairman and says Mr Palmer's track record demonstrates strong leadership skills and will bring considerable experience in changing management structures to the company.

"These skills will be valuable in the rapidly changing environment of the aviation industry," Dr Farmer says.

Mr Palmer's appointment fills the casual vacancy for a B Director on the Air New Zealand Board which has existed since the board composition changed early in October.

NOTE: please be advised to read full articles from Business Desk Website, you will have to pay a subscription fee on their website.



  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:

Smith leaves Wrightson board
Air NZ deputy warns against Qantas cash
Air NZ loses momentum in November
One Air NZ share by Christmas
Air NZ investors have little choice - report
Star Alliance pulls together
Tourism body gets $2 million shot in the arm
Free flights cost more
More cash promised as Air NZ share price settled
Air NZ agrees to sell Ansett flights