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

 

Sir John Todd passes away

Sir John Todd passes away

The former Chairman of the Todd Corporation and one of New Zealand’s most distinguished business leaders of the post-war years, Sir John Todd, has died.

In an announcement today by Sir John’s son, Mike Todd, it was disclosed that Sir John, the Todd Family patriarch, passed away at his Wellington home on Wednesday evening after a period of ill health. He was aged 88.

Sir John was a grandson of the Company’s founder, Charles Todd, and began his career with the family enterprise in 1945, at age 18.

From his first job on the assembly line at Todd Motors in Petone, he went on to join the managerial ranks and played a key role in building the Todd business into one of New Zealand’s most successful companies.

Working his way up through the Company, Sir John was appointed Managing Director of Todd Motors in 1968, Deputy Chairman of the Todd Board in 1978, and then in 1987 he became Chairman of the newly constituted Todd Corporation, a position he held until his retirement in December 2011.

The Todd Group’s portfolio of businesses and investments today includes energy comprising oil and gas exploration and production, and the Nova Energy generation and retail business – minerals, property, winemaking, healthcare products and technology.

Sir John was deeply involved in Todd Family giving, joining the administrative board of the philanthropic Todd Foundation when the body was established in 1972. He had chaired the Foundation since 1988.

Mike Todd today paid tribute to his father, describing him as an entrepreneur who will be remembered for his vision, integrity and generosity.

“Our father was a highly respected New Zealander who made a significant contribution to business and philanthropy. He was a man of enterprise and grace and he will be greatly missed.”

“Our family salutes him for the work he did in the service of our wonderful family enterprise,” Mike Todd said.

Sir John’s honours included being awarded the Companion of the New Zealand Order of Merit in 2009; receiving the Wellington Icon award in the city’s Gold Awards in 2010, induction into the Fairfax Media New Zealand Business Hall of Fame in 2011; and a knighthood in the 2012 New Year’s Honours – the third in the family to receive such an accolade after his father, Sir Desmond, and his uncle, Sir Bryan.

ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Media Mega Merger: StuffMe Hearing Argues Over Moveable Feast

New Zealand's two largest news publishers are appealing against the Commerce Commission's rejection of the proposal to merge their operations. More>>

Elsewhere:


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>

ALSO:


Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>

ALSO:

Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>