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


Genesis Announces Appointment of New CE

Genesis Research Announces Appointment of New Chief Executive

Genesis Research and Development Corporation (NZSX/ASX:GEN) today announced the appointment of Stephen Hall as Chief Executive, effective immediately.

Jim McLean, Chairman of Genesis, said that after undertaking an international search and considering a number of candidates, the Board had determined that Stephen was the best candidate for the role.

“Over the past four years the Board has had an opportunity to witness the contribution Stephen has made as we worked closely with him through a number of challenging issues. He has the leadership skills, vision and tenacity that the company needs.”

Stephen has been Head of Corporate Services since September 2000 and has been heavily involved in all aspects of the company’s commercial activity: partnerships, negotiations, business development, intellectual property, corporate structure, capital markets and governance.

Prior to joining Genesis Stephen held senior management roles at St Lukes Group, Watercare Services, Smith & Smith Glass, Feltex Group, and Boart Australia.

“Stephen is well-known to and highly regarded by investors, both institutional and individual, and by the local and international biotechnology industry,” says Genesis Chairman, Jim McLean. “His credentials in management and finance are supplemented by the knowledge he has gained of the science business over the last four years.”

Dr Jim Watson, the current Chief Executive and founder of the company, will commence the new role of Founder Scientist. “I am particularly pleased that the international search undertaken by the Board resulted in Stephen’s appointment,” said Dr Watson. “I believe that with his experience from previous roles and the knowledge and expertise gained in the biotechnology industry he will do an outstanding job.”

© Scoop Media

Business Headlines | Sci-Tech Headlines


Media Mega Merger: StuffMe Hearing Argues Over Moveable Feast

New Zealand's two largest news publishers are appealing against the Commerce Commission's rejection of the proposal to merge their operations. More>>


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>


Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>


Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>