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

 


CORRECT: Air NZ's Parton gets the nod for inner circle

CORRECT: Air NZ's Parton gets the nod for Luxon's inner circle, appointed COO

(Fixes CEO's name and Parton's new title in first graph)

By Paul McBeth

Nov. 12 (BusinessDesk) - National carrier Air New Zealand's Bruce Parton will join incoming boss Christopher Luxon's inner circle after being appointed chief operations officer.

Group Australasian general manager Parton, who reportedly put his hat in the ring for the top job, will take on the new role from next year, Air NZ said in a statement. He joins chief financial officer Rob McDonald, chief flight operations and safety officer Captain David Morgan, chief marketing and customer officer Mike Tod and chief strategy and planning officer Stephen Jones, who were confirmed on the executive team in October.

"Having worked closely with him since my arrival last year I know his passion for our airline will be a significant asset going forward," Luxon said. "With his mix of technical, logistics and commercial background, Bruce was the ideal candidate to fill the new chief operations officer role and being an internal appointment further supports a strong executive leadership team ready to hit the ground running in 2013."

Luxon's appointment has seen GM of human resources Vanessa Stoddart flag her exit at the end of the year, and deputy CEO and 44-year industry veteran Norm Thompson will retire in June. Glen Sowry, GM of operations, was another to jump ship, announcing his departure in September.

The executive team will be rounded out by a new chief commercial officer and chief people officer.

Air NZ shares rose 0.4 percent to $1.25 in trading today.

(BusinessDesk)

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Must Sell 20 Petrol Stations: Z Cleared To Buy Caltex Assets

Z Energy is allowed to buy the Caltex and Challenge! petrol station chains but must sell 19 of its retail sites and one truck-stop, the Commerce Commission has ruled in a split decision that acknowledges possible retail price coordination between fuel retailers occurs in some regions. More>>

ALSO:

Huntly: Genesis Extends Life Of Coal-Fuelled Power Station To 2022

Genesis Energy will keep its two coal and gas-fired units at Huntly Power Station operating until 2022, having previously said they'd be closed by 2018, after wringing a high price from other electricity generators who wanted to keep them as back-up. More>>

ALSO:

Dammed If You Do: Ruataniwha Irrigation Scheme Hits Farmer Uptake Targets

Enough Hawke's Bay farmers have signed up for water from the proposed Ruataniwha Water Storage Scheme for it to go ahead as long as a cornerstone institutional capital investor can be found to back it, its regional council promoter announced. More>>

ALSO:

Reserve Bank: OCR Stays At 2.25%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2.25 percent, in a decision traders had said could go either way, while predicting inflation will pick up as the slump in oil prices washes out of the data and capacity pressures start to build in the economy. More>>

ALSO:

Export Values Down: NZ Posts Biggest Annual Trade Deficit In 7 Years

New Zealand has recorded its biggest annual trade deficit since April 2009, reflecting weaker prices of agricultural commodities such as dairy products, beef and lamb, and increased imports of vehicles and machinery. More>>

ALSO:

Currency Events: NZ's New $5 Note Wins International Banknote Award

New Zealand’s new Brighter Money $5 note has been named Banknote of the Year in a prestigious international competition. The $5 note was awarded the IBNS Banknote of the Year title at the International Bank Note Society’s annual meeting. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news