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Hallenstein Glasson Holdings Ltd CEO steps down

Hallenstein Glasson Holdings Limited CEO steps down

The Chairman of Hallenstein Glasson Holdings Limited, Warren Bell, today announced that CEO Shayne Quanchi has made the difficult decision to step down from her role with the company for personal reasons.

Mr Bell says “There has been an economic downturn on both sides of the Tasman which has made it necessary for us to focus on the New Zealand business which is, and always has been, the engine room of our company. This change in direction has meant that Ms Quanchi has been required to be in New Zealand almost full time and we understand that this has placed considerable stress on her family life. She has chosen to step down from the role rather than relocate her family from Melbourne and we naturally accept that decision.”

The company has commenced an international search for a replacement CEO.

ENDS

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