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

 


Pacific Business Trust Chief Executive Resigns

PRESS RELEASE
6 June 2014
For immediate release

Pacific Business Trust Chief Executive Resigns

Peter Cordtz, Chief Executive of the Pacific Business Trust has resigned to explore new career opportunities, citing a key reason for the decision as marking his fourth anniversary at PBT in May.

Peter Cordtz joined the Trust in May 2010, and has successfully led the organisation through a period of ongoing work to implement reforms consistent with ‘Better Public Service’ targets, signalled by the Ministry of Pacific Island Affairs.

His leadership legacy includes achieving a positive financial result in 2013 during a difficult economy, growing the delivery of business facilitation services to existing and establishing businesses, implementing new initiatives to showcase Pacific business success - including the Pacific Business Leaders Dinner in September 2013 - and increasing support for Pacific secondary students participating in the Young Enterprise Scheme (YES).

With the end of the financial year approaching on 30 June, the timing of Cordtz’s decision is intended to allow for an orderly transition.

“I felt it was the right time to look for a new challenge, while leaving the Trust in good shape. We’re on track to achieve our key targets this financial year, and we’re well advanced in our planning for the coming year,” Mr Cordtz said.

“I’m honoured to have had the opportunity to lead this organisation for the pas

t four years and proud of what has been achieved by our hard-working team. I believe in what the Trust stands for and will always support their role in supporting and facilitating the growth of Pacific businesses. The Trust turns 30 next year, which in itself is a testament to its enduring service to the Pacific community.”

Chair Selma Scott confirmed Cordtz will oversee year-end activity and assist with the handover process.

“The Board is extremely grateful for Peter’s leadership of the organisation during challenging times. We wish him well and thank him for his continued and loyal support of Pacific Business Trust,” Mrs Scott says.

“The Board and Peter are committed to achieving a smooth transition and to keep the organisation operating as usual.”

In the wake of Cordtz’s departure, Mrs Scott confirmed that the board will recruit a new Chief Executive, confirming the process in due course.

ENDS

About Pacific Business Trust
The Pacific Business Trust is a ‘not for profit’ Charitable Trust set up in 1985, providing economic development services for Pacific Businesses and Business People within New Zealand. With an experienced team of qualified business advisors and facilitators, the Trust offers a central business resource, relevant training and proactive business assistance to businesses. Services are delivered nationwide from three locations, in Otahuhu, Porirua and Christchurch. For more information on the Pacific Business Trust, visit www.pacificbusiness.co.nz

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: Spark, Voda And Telstra To Lay New Trans-Tasman Cable

Spark New Zealand and Vodafone, New Zealand’s two dominant telecommunications providers, in partnership with Australian provider Telstra, will spend US$70 million building a trans-Tasman submarine cable to bolster broadband traffic between the neighbouring countries and the rest of the world. More>>

ALSO:

Statistics: Current Account Deficit Widens

New Zealand's annual current account deficit was $6.1 billion (2.6 percent of GDP) for the year ended September 2014. This compares with a deficit of $5.8 billion (2.5 percent of GDP) for the year ended June 2014. More>>

ALSO:

Still In The Red: NZ Govt Shunts Out Surplus To 2016

The New Zealand government has pushed out its targeted return to surplus for a year as falling dairy prices and a low inflation environment has kept a lid on its rising tax take, but is still dangling a possible tax cut in 2017, the next election year and promising to try and achieve the surplus pledge on which it campaigned for election in September. More>>

ALSO:

Job Insecurity: Time For Jobs That Count In The Meat Industry

“Meat Workers face it all”, says Graham Cooke, Meat Workers Union National Secretary. “Seasonal work, dangerous jobs, casual and zero hours contracts, and increasing pressure on workers to join non-union individual agreements. More>>

ALSO:

Scoop Business: ComCom Charges Hawkins’ Finance Companies Over Debt Recovery

The Commerce Commission has filed criminal proceedings against two finance companies run by former 1980s high-flyer Allan Hawkins over their debt recovery practices. More>>

ALSO:

Science Media Centre: The Big Science Stories Of 2014

It was a dramatic year for science, one that witnessed a severe outbreak of Ebola in West Africa and an historic mission to land a space probe on a comet. On the home front... headlines with animal testing for 'legal highs', 1080 use to tackle increased pest numbers and court action over genetically modified organisms among the most-covered stories. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news