Turners and Growers' boss staying put

Last updated 05:00 08/03/2013

Relevant offers

Industries

Quirky QT hotel brand coming to Queenstown Rolls-Royce emerges tarnished, but lucky despite NZ$1.15b fine Donald Trump's appointment of Xero's Chris Liddell: Does NZ not care about the values of its business leaders? Investigations but no progress on Christchurch-Dunedin passenger train, KiwiRail says Spark joint-venture Southern Cross commits first $8m for new Pacific cable Baby City fined $39k for selling non-compliant cots NZ Bankers' Association warns about survey scam 23 complaints about child photography business shamed for Northland privacy breach 'Silly' to suggest Xero has endorsed Trump administration, says CEO Rod Drury Sharp fall in Wellington building consents in November, due to quake

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