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

 

Shaun Coffey bows out as Callaghan Innovation replaces IRL

Shaun Coffey bows out as Callaghan Innovation institute replaces IRL

By Pattrick Smellie

Nov. 30 (BusinessDesk) - The chief executive of Industrial Research Limited, the Crown Research Institute being folded into the new advanced technology institute, has announced his resignation after six and a half years spent restoring the once-ailing science body's financial performance.

Shaun Coffey said he was leaving "after careful consideration", and following IRL's acknowledgement in the last week through a series of awards and medals for its contribution to the New Zealand innovation system, including one of the Prime Minister's Science Prizes.

Coffey found himself offside with Science and Innovation Ministers Wayne Mapp and then Steven Joyce because of his advocacy for retention of the advanced materials research capacity developed at IRL's Wellington campus, at Gracefield, Wellington.

Ministers were at one stage keen to move all activities to campuses in Christchurch and Auckland, close to those cities' engineering schools, but were ultimately persuaded to maintain the IRL campus as part of a larger amalgamation of advanced materials science, initially dubbed the Advanced Technology Institute.

It has since been formally named Callaghan Innovation in honour of leading New Zealand physicist and science community leader, Sir Paul Callaghan, who campaigned for greater connections between science and new industries before his death from cancer earlier this year.

Coffey described the new institute, which also includes elements of New Zealand Trade and Enterprise and is intended as a "one stop shop" for high value, innovative businesses with high growth potential, as a "major challenge" and wished it every success.

Coffey thanked all those who had helped to "reinvent" IRL in the past six and a half years.

"The collective knowledge and abilities of our people, and their intense desire to put science to work for New Zealand, are constant sources of inspiration and motivation. It has been my profound privilege to serve them, and through them to serve New Zealand," said Coffey, who came to the role from Australia.

(BusinessDesk)

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Petya: New Ransomware Campaign Hits Worldwide

A new ransomware campaign known as Petya is affecting computer networks using Microsoft Windows. It was first seen affecting systems in the Ukraine, but is quickly spreading across other computer networks in Europe. More>>

ALSO:

Skodafone Goneski: Sky TV, Vodafone Drop $3.44 Billion Merger Plan

Sky Network Television and Vodafone New Zealand have terminated their merger agreement which aimed to create the country's largest telecommunications and media group, and have withdrawn an appeal against the Commerce Commission's rejection of the plan. More>>

Quake Insurance: Reforms To EQC Act Announced

· Increasing the monetary cap from $100,000 (plus GST) to $150,000 (plus GST) for EQC building cover.
· Clarifying EQC land cover is for natural disaster damage that directly affects the insured residence or access to it... More>>

ALSO:

Reserve Bank: Official Cash Rate Unchanged At 1.75 Percent

Global economic growth has increased and become more broad-based. However, major challenges remain with on-going surplus capacity and extensive political uncertainty... More>>