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New CEO For Tainui Group Holdings

9 May 2002

New Chief Executive Officer For Tainui Group Holdings

Steve Murray has been appointed Chief Executive Officer of Tainui Group Holdings Limited.

Tainui Group Holdings is wholly owned by the Waikato Raupatu Trustee Company established by the Waikato Raupatu Claim Settlement Act 1995. The company is responsible for the management of the tribe’s commercial assets.

Mr Murray, whose iwi affiliation is Ngati Kuri, was previously a strategic business consultant in Hong Kong for the American IT services giant EDS.

Prior to that he was in senior management with both Cap Gemini Ernst and Young and Ansett Australia Cargo in Australia.

Mr Murray gained his MBA from Waikato University in 1998.

Said Te Kaumaarua Chairman, Kingi Porima: “We are delighted with the appointment of Steve Murray to this crucial position within our structure. He brings a wealth of international commercial experience to the role and Te Kaumaarua is certain he has the business skills to lead the organisation successfully into the future.”

Mr Murray, who took up his appointment in April, is based at Tainui Group Holdings’ office in Hamilton.

ENDS

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