Turners and Growers' boss staying put

Last updated 05:00 08/03/2013

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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.

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- BusinessDay.co.nz

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