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


ZESPRI CEO to Step Down in March

Thursday July 27, 2006

ZESPRI CEO to Step Down in March

The world's leading kiwifruit marketing company, ZESPRI Group Ltd, announced today that its Chief Executive Tim Goodacre is to step down in March 2007, after more than four years at the helm.

ZESPRI Chairman Craig Greenlees said Mr Goodacre had done a fantastic job, particularly in strengthening industry and company integration, the major directive the Board gave him when he was appointed in January 2003.

"Under Tim's leadership, ZESPRI has achieved record returns but, even more importantly, Tim has re-established the confidence of our grower/shareholders in the company and our integrated industry structure," Mr Greenlees said.

"Tim has now achieved commercial integration within the company, aligning the Board and Executive behind our new strategic objectives which are to be rolled out to staff and grower/shareholders shortly. We are now in an excellent position to move ahead and achieve greater and more-sustainable success in the international marketplace."

Mr Greenlees said Mr Goodacre, 52, had indicated to the Board that he was now seeking new challenges and the opportunity to pursue another senior corporate role before stepping out of the business arena. "The Board appreciates Tim's early notification of his intentions and his agreement to stay with the company until March 2007 to launch the new strategic objectives internally and ensure a successful transition," he said. ZESPRI will begin a global search for a new CEO immediately.

Mr Goodacre said ZESPRI was now ready to move to the next level of performance and that he was proud to have built the platform over the last few years to make that possible.

"The roll out of our corporate objectives over the next eight months will be an exciting time for ZESPRI but embedding them throughout the business will require at least a three-year commitment. I have other aspirations that I would like to pursue within that timeframe," he said.

"It is very important to me to thank the ZESPRI team worldwide for their commitment and hard work over the last few years. I have every confidence in our people's ability to deliver on our new strategic objectives and they now all have an opportunity to be part of a much bigger, stronger and even more successful company in the years ahead," Mr Goodacre said.


© 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>>