Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


The Warehouse Group Chief Executive Resigns

The Warehouse Group Chief Executive Resigns

The Chairman of The Warehouse Group Limited, Mr Keith Smith, has today announced with regret the resignation of the company’s Chief Executive Officer Mr Greg Muir.

Mr Muir’s resignation came as a result of ongoing discussions in which the Board and the CEO had differing philosophies regarding the direction of the company.

“I would like to acknowledge Mr Muir’s contribution to the company over the past four years,’ said Mr Smith.

“During Mr Muir’s four years with The Warehouse Group the company grew from an $800 million business to a $2 billion business”.

Mr Muir said that while he had greatly enjoyed his time at the company, he had decided to resign and will finish on July 31, 2003. He expressed his confidence in the excellent management team which he has built during his four years with The Warehouse Group. Mr Muir said his parting with The Warehouse was amicable and that he will continue to run the business until he leaves to ensure there is a smooth transition of all operational matters.

Mr Smith said that the Founder of The Warehouse Group, Mr Stephen Tindall, had agreed to assume the role of acting CEO while the company undertook a search for a new Group Chief Executive.

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>

ALSO:

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

ALSO:

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news