Hubbard statutory manager announces retirement
Hubbard statutory manager Trevor Thornton will be retiring as a partner of Grant Thornton New Zealand at the end of this year, he announced today.
Thornton was appointed as a statutory manager in June 2010. This followed Allan and Jean Hubbard and their company Aorangi Securities and Hubbard Management Funds being placed into statutory management by the Government.
A spokesperson for Thornton said the retirement was planned.
"Trevor set this date for his retirement from the firm back in 2009. He will continue to be retained by Grant Thornton as a senior consultant.
"Trevor's retirement will not affect his role as statutory manager for Hubbard Management Funds and Aorangi Securities."
- The Timaru Herald