Mitre 10 boss resigns

Last updated 10:03 21/02/2013

Relevant offers

National business

Canterbury's 'bloody problem': Hundreds of building-related firms failing How a dairy factory at the end of the Earth is trying to rule the world Why lack of sleep makes you a bad boss Nick Smith is 'Milllion-dollar Minister' as average Auckland house passes $1m mark Steve Wozniak, Sir Richard Branson award NZ's oDocs for mission to prevent blindness One curious effect of a recession may bolster the case for driverless cars Food crawl for struggling Havelock North businesses after gastro bug Nearly 70 per cent of submitters have voiced their opposition to airport runway extension Manawatu apprentices show off skills in Central North Island competition Budget Buster: How to use X-ray vision to incinerate your grocery bill

Mitre 10 CEO John Hartmann has resigned to take up a job back in his native United States.

"We met John in 2009 and he joined our company shortly thereafter.  His mandate as our CEO was to 'step change' the business and that has certainly been accomplished," chairman Martin Dippie said.

Last October Mitre 10 announced sales figures for the year ending 30 June of $858.4 million and a rebate to co-operative members of more than $45 million, sales figures that were up 6.5% on the previous year.

For the first six months of the new financial year Mitre 10 said its year-to-date sales figures are up 9.1% on the previous comparable period. 

The company said "sustained growth over the last three years will see Mitre 10 punch through the $1 billion mark next year."

"It has been an honour and a privilege to work with the owners, operators and associates of Mitre 10.  The level of passion and dedication across the business is apparent and the culture is one that is clearly focused on satisfying the customers' needs," Hartmann said.

Dippie added that Hartmann has the opportunity to take on the leadership of a company in his native USA and that he is working closely in support of the transition. 

"A search is underway for John's successor and he will go with our best wishes."

Ad Feedback

- Stuff

Special offers

Featured Promotions

Sponsored Content