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

 

WITT recovery hastens council reconstitution

Press Release: Western Institute of Technology at Taranaki

WITT recovery hastens council reconstitution and debt write-down.

Western Institute of Technology at Taranaki chief executive Richard Handley today credited the good work of WITT staff for a Government decision to reconstitute the institution’s council and write-down significant historic debt.

Mr Handley’s praise followed an announcement by Tertiary Education Minister Pete Hodgson to reconstitute the WITT council and convert up to $18 million in outstanding Crown debt to equity over a five-year period.

He said the decisions demonstrated clear support for the good work in turning around the performance of Taranaki’s only polytechnic by dedicated WITT staff, assisted by Crown Commissioner Murray Strong.

“The announcements are a major endorsement for the strong recovery that has continued at WITT in the last 18 months. The return of a full council and the write-down of debilitating historic debt adds further momentum to our recovery, and will continue to bolster community confidence around WITT's ability to continue to meet the educational needs of the region."

The announcement comes less than two weeks after the official welcome of Mr Handley and senior managers, Lisa Ferguson, head of Faculty Health, Humanities and Maori; Lois Kelly, head of Faculty Engineering, Oil and Gas; Jed Rowlands, director of Business Development; and Eve Kawana-Brown, project manager.

“We have a fresh new leadership team that will ensure that the gains at WITT and the current momentum will continue,” Mr Handley said

He said WITT was now able to focus on providing compelling solutions to meet the educational and training needs of the region.

The decision to reconstitute the council will see the departure of Mr Strong on October 1.

Mr Strong said he was heartened by the calibre of council members who would provide governance and strategy for WITT, which would ensure the strong progress made within the institution would continue.

“There is a vibrancy and confidence within WITT that will be further enhanced bythe governance provided by the highly skilled and capable community leaders who will form the basis for the new WITT Council.”

The council will include ministerial appointees, former South Taranaki mayor Mary Bourke, New Plymouth solicitor and company director, John Auld, chartered accountant, dairy farmer and former Fonterra director Marise James and company director and former chair of the Taranaki Maori Business and Development Agency, Hinerangi Edwards. The remaining places on the council will be filled by WITT staff and student representatives.

Mr Strong said most appointees were members of the commissioner’s WITT Advisory Committee, which had provided invaluable assistance to the strong recovery currently being experienced at the institute.

“There is a breadth and depth of expertise both in governance and management which fills me with great confidence for this institution moving forward.”

Mr Strong applauded the leadership provided by acting chief executive Sue Duncan and her team, which paved the way for today’s announcement.

- END

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Crown Accounts: Slightly Softer Growth Expected In PREFU

A slightly softer growth forecast is the main feature of largely unchanged Pre-election Fiscal Update compared to the Budget forecasts three months ago, Finance Minister Steven Joyce says. More>>

ALSO:

Water: Farming Leaders Pledge To Help Make Rivers Swimmable

In a first for the country, farming leaders have pledged to work together to help make New Zealand’s rivers swimmable for future generations. More>>

ALSO:

Unintended Consequences: Liquor Change For Grocery Stores On Tobacco Tax

Changes in the law made to enable grocery stores to continue holding liquor licences to sell alcohol despite increases in tobacco taxes will take effect on 15 September 2017. More>>

Back Again: Government Approves TPP11 Mandate

Trade Minister Todd McClay says New Zealand will be pushing for the minimal number of changes possible to the original TPP agreement, something that the remaining TPP11 countries have agreed on. More>>

ALSO:

By May 2018: Wider, Earlier Microbead Ban

The sale and manufacture of wash-off products containing plastic microbeads will be banned in New Zealand earlier than previously expected, Associate Environment Minister Scott Simpson announced today. More>>

ALSO: