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Renaissance Corporation announces new CFO

Thursday 28th January 2010

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Renaissance Corporation (NZX: RNS ) has announced the appointment of Shaun Rendell as chief financial officer.

Rendell comes to the Renaissance role with over 20 years of financial and management experience in market-leading companies in both the UK and New Zealand.

Rendell's most recent role was as acting CFO of TelstraClear in New Zealand. Prior to immigrating to New Zealand in 2003, Rendell was instrumental in the successful de-merger of the mobile division of British Telecom, which became O2 plc, a 4 billion turnover FTSE 100 company.

Rendell subsequently held a pivotal corporate finance role at O2 helping it become the UK's leading provider of mobile phone and broadband services.

Renaissance chief executive Richard Webb says the company is delighted that Rendell has accepted the role of chief financial officer.

"Senior executives of Shaun's calibre and with his kind of successful track record are not easy to find. We're delighted that he has agreed to join Renaissance and look forward to the strategic vision and insights he will bring to the group," says Webb.

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