DB on the hunt for new boss

Last updated 09:38 21/11/2012
Brian Blake
FINAL ORDERS: DB boss Brian Blake is stepping down as managing director but will stay on as company chairman.

Relevant offers

National business

Panama Papers: Onetai farm firm treasurer directed company in Scolari tax investigation Westpac reports record half-year profit of $445m Chinese billionaire Wang Wenyin looks at investing in tiny Kiwi goldmine Virgin Australia to cut capacity after forecasting a dip in fortunes Legal win for hairdresser who says she was fired after telling boss she was transgender Fairfax's Stuff, TVNZ to share One News videos Explore ferries says demise of Waiheke service was like 'death by a thousand cuts' Regions benefit from main centre industrial space squeeze Waikato, BOP architecture awards celebrates visionary work 'Unhygienic' Australian bakery fined $68,000

Brewing stalwart Brian Blake is ending his 20 year run as DB Breweries managing director but will stay on as company chairman.

The search for his successor is underway with an appointment expected in coming months.

Blake said the time is right to move on as he leaves DB in ‘‘an extremely strong’’ financial position. Despite a declining beer market and tough economic conditions, DB had achieved three consecutive years of double digit profit growth, he said.

“I am extremely pleased with our results over the past three years. Besides the performance of key brands like Heineken, Tui, Monteith’s and Export, DB has achieved success through developing new business opportunities. Our investment in gastro pubs has been very successful, as has our foray into the competitive Australian market, where our beer and cider sales are growing quickly.”

Blake joined DB in 1983 in Wellington as finance director to the brewer’s central region.

Ad Feedback

- Stuff

Comments

Special offers

Featured Promotions

Sponsored Content