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

 


Emirates Team New Zealand board

Emirates Team New Zealand board

April 7 2014

Retiring chairman of Emirates Team New Zealand Gary Paykel has announced the formation of a new five-member board of directors to govern Emirates Team New Zealand.

He said he had consulted widely to assemble a board made up of passionate New Zealanders with a range of skills and in-depth experience in many areas of New Zealand business and technology as well as past experience with the team and the America’s Cup.

Mr Paykel said Dr Keith Turner, a former chief executive and experienced company director, would chair the board.

The board’s immediate tasks are to review the Protocol (the document which governs the conduct of the America’s Cup), assess the possibility of mounting
a credible challenge from New Zealand and prepare a business case for the government. Oracle, the defender of the America’s Cup, is expected to make the
Protocol public within the next few days.

This is a strong group of Directors who will work closely with all akeholders, including the government, as we make an assessment of mounting a challenge in 2017.

“Should the Board determine that a challenge is credible, I expect the government will then decide whether to invest in a challenge and if so, seek a
further appointment to the board,” said Dr Turner.

While details of the management structure and the operating model will be worked through as part of preparing the business case for any challenge, Grant

Dalton will assume the position of CEO, reporting to the Board.

The board met for the first time today (Monday April 7).

Ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Price Of Cheese: Dairy Product Prices Fall To The Lowest This Year

Dairy product prices fell in the latest GlobalDairyTrade auction, hitting the lowest level in the 2015 auctions so far, as prices for milk powder and butter slid amid concern about the outlook for commodities. More>>

ALSO:

Houston, We Have An Air Route: Air New Zealand To Fly Direct To The Heart Of Texas

Air New Zealand will fly its completely refitted Boeing 777-200 aircraft between Auckland and Houston up to five times a week opening up the state of Texas as well as popular nearby tourist states such as Louisiana and Florida. More>>

ALSO:

Scoop Business: Reserve Bank’s Spencer Calls On Govt To Rethink Housing Tax

The Reserve Bank has urged the government to take another look at a capital gains tax on investment in housing, allow increased high-density development and cut red tape for planning consents to address an over-heated Auckland property market. More>>

ALSO:

The Nation: Call For Cross-Party Auckland Housing Plan

Penny Hulse calls for cross-party accord on Auckland housing because “it’s too important to score political points on”. More>>

ALSO:

Flu Season: Overcoming Vaccination Reluctance

While research shows that 40% of New Zealand businesses offer free or subsidised flu vaccinations to employees this time of year, HR professionals say persuading staff to participate is the biggest challenge. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news