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


Callaghan Innovation board put in place ahead of opening

Callaghan Innovation board put in place ahead of opening

Jan. 21 (BusinessDesk) - The government has recruited Navman founder Sir Peter Maire and Wynyard Group chief executive Craig Richardson to the board of its new high tech "one-stop-shop", and put a woman in charge.

New Zealand Trade and Enterprise director Robin Hapi and Professor Peter Hunter from Auckland University are also new appointments to the board of Callaghan Innovation ahead of its opening for business of February 1.

Sue Suckling, who is currently chairing the establishment board to set up the new Crown entity, will chair the board. However, foundation board member and a key influence on the reforms, entrepreneur Neville Jordan, has not been appointed.

The only director reappointed from the Crown Research Institute, Industrial Research Ltd, to be retained is Richard Janes, who joined the IRL board in 2011.

IRL proposed an alternative approach to the restructuring, suggesting creation of an Advanced Technology Institute, with Auckland, Wellington and Christchurch campuses.

Economic Development Minister Steven Joyce went instead for a wider amalgamation of innovation assets, including a role for New Zealand Trade and Enterprise, with whom the new entity shares a head office in central Wellington.

Callaghan Innovation, named after the late scientist Sir Paul Callaghan, brings together the current operations of IRL, the Ministry of Business, Innovation and Employment's business investments team and the Auckland Foodbowl.

The government has set aside $166 million of funding over four years for the organisation charged with converting great ideas into successful businesses.
Auckland Transport director Paul Lockey and Australian company director Dr Michele Allan are moving from the establishment board to the new board.

"I am confident this board will successfully set up Callaghan Innovation as an organisation that is fully in tune with businesses' needs and will help them grow through science and innovation," Joyce said in a statement.

"It will deliver fresh thinking and offer a diversity of perspective and experience that Callaghan Innovation will benefit from."

IRL chief executive Shaun Coffey did not move to the new organisation and a new chief executive appointment is imminent.

The new institute has been described as a "one stop shop" for high value, innovative businesses with high growth potential.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Banks: Westpac Keeps Core Government Transactions Contract

The local arm of Westpac Banking Corp has kept its contract with the New Zealand government to provide core transactions, but will have to share peripheral services with its rivals. More>>


Science Investment Plan: Universities Welcome Statement

Universities New Zealand has welcomed the National Statement of Science Investment released by the Government today... this is a critical document as it sets out the Government’s ten-year strategic direction that will guide future investment in New Zealand’s science system. More>>


Scouring: Cavalier Merger Would Extract 'Monopoly Rents' - Godfrey Hirst

A merger of Cavalier Wool Holdings and New Zealand Wool Services International's two wool scouring operations would create a monopoly, says carpet maker Godfrey Hirst. The Commerce Commission on Friday released its second draft determination on the merger, maintaining its view that the public benefits would outweigh the loss of competition. More>>


Scoop Review Of Books: She Means Business

As Foreman says in her conclusion, this is a business book. It opens with a brief biographical section followed by a collection of interesting tips for entrepreneurs... More>>


Hourly Wage Gap Grows: Gender Pay Gap Still Fixed At Fourteen Percent

“The totally unchanged pay gap is a slap in the face for women, families and the economy,” says Coalition spokesperson, Angela McLeod. Even worse, Māori and Pacific women face an outrageous pay gap of 28% and 33% when compared with the pay packets of Pākehā men. More>>


Housing: English On Housing Affordability And The Economy

"Long lead times in the planning process tend to drive prices higher in the upswing of the housing cycle. And those lead times increase the risk that eight years later, when additional supply arrives, the demand shock that spurred the additional supply has reversed. The resulting excess supply could produce a price crash..." More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news