Sharechat Logo

Shareholders Assn gets its girl onto Telecom board

Monday 21st June 2010

Text too small?

Telecom has appointed professional company director Sue Sheldon as an independent director.

Sheldon is based in Christchurch and also sits on the boards of several other high profile NZX-listed companies, including Freightways and Contact Energy, along with holding a directorship of the Reserve Bank.

Telecom chairman Wayne Boyd says Sheldon is well known throughout New Zealand and Australia and has an impressive record of directorships with successful businesses, from the state sector through to the commercial sector, from small to large.

He says Sheldon brings renowned governance expertise, focusing on finance, strategy and risk management.

"Sue will be resolutely independent and committed to Telecom and New Zealand as a whole.

"New Zealand Shareholders' Association proposed to us that we consider Sue Sheldon, and we thought she would bring a range of additional skills that would complement the board at this time of exceptional change for Telecom. We thank the NZSA for its valuable contribution," says Boyd.

Prior to moving into the professional director role, Sheldon practiced as a chartered accountant.

She is a former president of the New Zealand Institute of Chartered Accountants.

The Telecom board has determined that Sheldon is independent in accordance with the requirements of the NZX listing rules and Telecom Board Charter.


  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
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:

Telecom Corporation of New Zealand (TEL)
Telecom will offer CEO and senior managers performance equity grants to boost profits
Telecom in drive to latch on to growing data usage with 4G mobile launch next month
Telecom lines up to buy 700MHz spectrum to extend reach of 4G network
Former Fonterra executive Alison Andrew appointed to head Transpower
Telecom backs setting copper prices until 2020, warns against getting too far away from input cost
MRP director Miller, CFO Meek go trawling for cheap shares
Rob Fyfe to leave Trilogy board, seeks new senior role in NZ
Telecom puts $60M price tag on new Auckland data centre, Hawkins, AECOM win build
Telecom ends jobs purge, looks for ‘more sophisticated’ ways to save money