Turners and Growers' boss staying put

Last updated 05:00 08/03/2013

Relevant offers

Industries

FMA sues former Milford Asset Management portfolio manager PWC says Australian GST move makes level-playing field in retailing more likely Oracle called time on fruitless dalliance with Inland Revenue Sir Peter Talley predicts grim future for jobs, education NZOG eyes potentially huge Barque oil and gas prospect Computerised fisheries monitoring may see observer numbers halved Ngai Tahu Property chief Tony Sewell to step down after 21 years Sir John Todd, head of one of NZ's richest families, dies Moa motivates employees by offering share scheme Richard Taylor's Pukeko Pictures gets new chief

Listed fruit exporter Turners and Growers has put out a statement scotching media reports that its chief executive Geoff Hipkins is to leave the company.

In a statement to the stock exchange, deputy chairman Sir John Anderson said Hipkins remained and should the position change in future it would be announced to the market.

A report on overseas website Fruitnet said the company was negotiating Hipkins' exit package.

Hipkins joined the company in April last year as German majority shareholder BayWa bought a controlling stake.

He has since set about a major restructuring programme at the company, making several managers redundant and announcing a major revaluation of T&G's kiwifruit and apple orchards.

Ad Feedback

- BusinessDay.co.nz

Special offers

Featured Promotions

Sponsored Content