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

 

Statistics: Business Research And Development Up 29 Percent

Computer services and machinery manufacturing firms led the way in an almost 30 percent lift in business spending on research and development (R&D) in 2016, Stats NZ said today. Businesses spent $1.6 billion on R&D in 2016, up $356 million (29 percent) from 2014. More>>

ALSO:

China Shopping: NZ-China FTA Upgrade Agreed Among Slew Of New Deals

New Zealand Prime Minister Bill English and China Premier Li Keqiang signed off a series of cooperation deals spanning trade, customs, travel and climate change and confirmed commencement of official talks on an upgrade to the nine-year old free-trade agreement between the two countries. More>>

ALSO:

Media: TVNZ Flags Job Cuts To Arrest Profit Decline

Chief executive Kevin Kenrick said the changes were aimed at creating "a sustainable future video content business for TVNZ in an ever-changing media market." More>>

ALSO:

Reserve Bank: Wheeler Keeps OCR At 1.75%

Reserve Bank governor Graeme Wheeler kept the official cash rate unchanged at 1.75 percent, as expected, and reiterated his view that the benchmark rate doesn't need shifting for the foreseeable future. More>>

ALSO:

Trade Plans: Prime Minister's Speech To International Business Forum

"The work to improve public services, build infrastructure, and solve social problems is possible only because we have enjoyed sustained, solid economic growth. A big reason for that is the Government’s consistent agenda of economic reform, and our determination to open up more opportunities for trade with the world." More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news