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

 


Jon Hartley Steps Down From Mighty River Power Board

NEWS RELEASE
8 February 2013


Jon Hartley Steps Down From Mighty River Power Board


Mighty River Power today announced that Director, Jon Hartley, would be stepping down from the Company’s Board, effective on 20 February 2013.

Mr Hartley, who has been a Director of Mighty River Power since November 2009, said the decision to step down was a difficult one, brought about by the revised timing of the proposed IPO creating significant workload clashes with his other long-standing commitments.

“Unfortunately, I have commitments to a number of self-funded overseas engagements with World Vision International and its micro finance subsidiary, VisionFund International, of which I am Vice Chair,” said Mr Hartley.

Mr Hartley has been involved with VisionFund International since 2003 and is passionate about the real impact through economic development and livelihood creation that is currently impacting more than 3 million children worldwide.

Mighty River Power’s Chair, Joan Withers, said it was with regret that the Board had accepted Mr Hartley’s resignation.

“Jon is held in very high regard by the Board and the Company has benefited from his expertise, contribution and commitment for the past three years. We understand and respect his decision and wish him well with World Vision International,” said Mrs Withers.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Fruitful Endeavours: Kiwifruit Exports Reach Record Levels

In June 2016, kiwifruit exports rose $105 million (47 percent) from June 2015 to reach $331 million, Statistics New Zealand said today. Overall, goods exports rose $109 million (2.6 percent) in June 2016 (to $4.3 billion). More>>

ALSO:

Economic Update: RBNZ Says Rate Cut Seems Likely

The Reserve Bank will likely cut interest rates further as a persistently strong kiwi dollar makes it difficult for the bank to meet its inflation target, it said. The local currency fell. More>>

ALSO:

House Price Action Plan: RBNZ Signals National Lending Restrictions

The central bank wants to cap bank lending to property investors with a deposit of less than 40 percent at 5 percent and restore the 10 percent limit for owner-occupiers wanting to take out a mortgage with a deposit of less than 20 percent, according to a consultation paper released today. More>>

ALSO:

Sparks Fly: Gordon Campbell On China Steel Dumping Allegations

No doubt, officials on the China desk at MFAT have prided themselves on fashioning a niche position for New Zealand right in between the US and China – and leveraging off both of them! Well, as the Aussies would say, of MFAT: tell ‘em they’re dreaming. More>>

ALSO:

Loan Sharks: Finance Companies Found Guilty Of Breaching Fair Trading Act

Finance companies Budget Loans and Evolution Finance, run by former 1980s corporate high-flyer Allan Hawkins, have been found guilty of 106 charges of breaching the Fair Trading Act for misleading 21 borrowers while enforcing loan contracts. More>>

ALSO:

Post Panama Papers: Govt To Adopt Shewan's Foreign Trust Recommendations

The government will adopt all of the recommendations from former PwC chairman John Shewan to increase disclosure and introduce a register for foreign trusts with new legislation to be introduced next month. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news