Lindsay Pyne To Resign From Board

Friday, 28 May 2004, 9:04 am
Press Release: Telecom New Zealand

Telecom chairman Roderick Deane announced today that Lindsay Pyne would resign from the Board in September.

Dr Deane said he had accepted Mr Pyne’s notice of resignation with regret.

“Lindsay has found that his commitments in Asia have grown considerably since he took a position on the Board last year.

“Accordingly, he has indicated he will be unable to continue to commit the necessary time to his duties as a Telecom director.

“We will be sorry to lose Lindsay as his business expertise and international perspective has been of particular value to the Board.

“We have asked Lindsay to stay on as a director until September to ensure continuity of decision-making.

Dr Deane said the Board expected to announce a new appointment to the Board shortly.

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