Turners and Growers' boss staying put

Last updated 05:00 08/03/2013

Relevant offers

Industries

Pornhub's whale advocacy won't actually help the whales all that much Bell Tea buys Christchurch's Hummingbird coffee company SkyCity convention centre deal starting to pay off 4500 new homes in latest announcement of Special Housing Areas Solid Energy has decision "pending" on whether to close Stockton Sex-tech entrepreneur Cindy Gallop says NZ could 'clean-up' in industry Emirates releases Auckland to Dubai pricing Petrol prices drop for second time this week to lowest in more than a year Wine company Indevin snaps up Winegrowers of Ara vineyards in Marlborough Highest rental returns found in Gisborne, realestate.co.nz survey finds

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