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

 


NEXT Foundation announces CEO appointment

NEXT Foundation announces CEO appointment

Auckland, 27 May 2014 - The NEXT Foundation today announced the appointment of Bill Kermode as its Chief Executive Officer.

Bill is a founding director of Direct Capital, New Zealand’s most experienced private company investor. He has worked there for 20 years, during which time it invested in excess of $800 million in more than 60 privately owned companies. Bill led the investment and was a director of a number of those companies across several industries including biopharmaceuticals, aged care, online retailing, personal computing and manufacturing.

Bill is a graduate of Massey University in Chemistry and Oxford University in Politics, Philosophy and Economics and also Palmerston North Boys’ High School where he supports the school’s Educational Foundation Trust.

The NEXT Foundation was launched in March and will spend $100 million over the next 10 years to create a legacy of environmental and educational excellence for the benefit of future generations of New Zealanders. It will make commitments of approximately $5-15 million per annum, to be distributed as part of an annual process, to one to three projects over their project lives. Initial expressions of interest for the first round of funding are being invited from 3 June to 11 July.

Chris Liddell, Chairman of NEXT said “We are delighted to have someone of Bill’s calibre as our CEO. He brings us a passion for New Zealand combined with a wealth of experience working with partners to make large projects successful.”

“The CEO’s role is to help us develop and implement our strategy. Bill’s appointment is consistent with our vision of promoting excellence, and taking an aspirational but disciplined approach to delivering a philanthropic return.”

Bill Kermode said “NEXT Foundation will inject energy and funding into major education and environment projects. I am delighted to have this opportunity to use my background and experience to contribute to our country. Many of the principles are the same: ensure the projects we support have agreed and measurable outputs and are structured for success. I look forward to making a positive difference to New Zealand.”

Bill will commence with NEXT on 1 July.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Media: Julian Wilcox Leaves Māori TV

Māori Television has confirmed the resignation of Head of News and Production Julian Wilcox. Mr Maxwell acknowledged Mr Wilcox’s significant contribution to Māori Television since joining the organisation in 2004. More>>

ALSO:

Genetics: New Heat Tolerant Cow Developed

Hamilton, New Zealand-based Dairy Solutionz Ltd has led an expert genetics team to develop a new dairy cow breed conditioned to thrive in lower elevation tropical climates and achieve high milk production under heat stress. More>>

Fractals: Thousands More Business Cards Needed To Build Giant Sponge

New Zealand is taking part in a global event this weekend to build a Menger Sponge using 15 million business cards but local organisers say they are thousands of business cards short. More>>

Scoop Business: NZ Net Migration Rises To Annual Record In September

New Zealand’s annual net migration rose to a record in September, beating government forecasts, as the inflow was spurred by student arrivals from India and Kiwis returning home from Australia. More>>

ALSO:

Scoop Business: Fletcher To Close Its Christchurch Insulation Plant, Cut 29 Jobs

Fletcher Building, New Zealand’s largest listed company, will close its Christchurch insulation factory, as it consolidates its Tasman Insulations operations in a “highly competitive market”. More>>

ALSO:

Scoop Business: Novartis Adds Nine New Treatments Under Pharmac Deal

Novartis New Zealand, the local unit of the global pharmaceuticals firm, has added nine new treatments in a far-ranging agreement with government drug buying agency, Pharmac. More>>

ALSO:

Crown Accounts: English Wary On Tax Take, Could Threaten Surplus

Finance Minister Bill English is warning the tax take may come in below forecast in the current financial year, as figures released today confirm it was short by nearly $1 billion in the year to June 30 and English warned of the potential impact of slumping receipts from agricultural exports. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand

Mosh Social Media
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news