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

 


Dr Don Elder resigns as Solid Energy CEO

4 February 2013
Dr Don Elder resigns as Solid Energy CEO

Solid Energy's Chief Executive Officer (CEO), Don Elder, has announced his resignation from the company today, after discussions that have been underway for some time. He has decided to step down immediately as CEO but to remain available to work for the company for a period to assist with a transition.

Dr Elder said that as the company worked its way out of the major global market downturn in 2012, including significant restructuring, the Board would be considering many future changes. He believed it was appropriate, and the right time, for the future direction of the company to be led by a new Chief Executive, and he would support this fully in any way sought by the company.

Chairman Mark Ford said that under Dr Elder's leadership since May 2000 Solid Energy had grown and developed substantially and achieved many successes. The Chairman would like to thank Dr Elder for his 12 years of loyal service to the company.

Dr Elder said his decision was consistent with his belief that the company had a strong future once it worked its way out of the impacts of the market downturn. He wanted to thank the many people in the company who had contributed to its past success and he wished the company every success in the future.

The Board will recruit a new Chief Executive in due course. Garry Diack, previously the company’s Group Manager Organisational Development and Performance, will be the interim CEO until such time as an appointment is made.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Statistics: Net Annual Migration Passes 71,000

A record 71,300 more migrants arrived in New Zealand than left in the January 2017 year, Statistics New Zealand said today. This surpassed the previous annual record set in December 2016. More>>

ALSO:

Fossils: Ancient Penguins Lived Alongside Dinosaurs?

Penguins are much older than previously thought and their evolution probably dates back to the days of the dinosaurs, according to research on the fossilised leg bone and toes of a giant ancient penguin found in rocks near Waipara, North Canterbury. More>>

No Voda/Sky: Commission Declines Clearance For Merger

The Commerce Commission has declined to grant clearance for the proposed merger of Sky Network Television and Vodafone New Zealand. More>>

ALSO:

EARLIER:

Power: IEA Report On New Zealand's Energy System

Outside of its largely low-carbon power sector, managing the economy’s energy intensity and greenhouse gas emissions while still remaining competitive and growing remains a challenge. More>>

ALSO:

NASA: Seven Earth-Size Planets Around A Single Star

NASA's Spitzer Space Telescope has revealed the first known system of seven Earth-size planets around a single star. Three of these planets are firmly located in the habitable zone, the area around the parent star where a rocky planet is most likely to have liquid water. More>>

ALSO:

Auckland Transport Case: Men Guilty Of Corruption And Bribery Will Spend Time In Jail

Two men who were found guilty of corruption and bribery in a Serious Fraud Office (SFO) trial have been sentenced in the Auckland High Court today... The pair are guilty of corruption and bribery offences relating to more than $1 million of bribes which took place between 2005 and 2013 at Rodney District Council and Auckland Transport. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news