Advantage Group Appoints New CFO
FOR IMMEDIATE RELEASE
Advantage Group Appoints New CFO
Support For Rapid Business Growth in Australasia And Asia Pacific
Auckland – 27 March 2000 – Advantage Group
Limited (NZSE: ADV) today announced it has strengthened its
senior management team with the appointment of Stuart
McKenzie as Chief Financial Officer. The new role will see
Mr McKenzie assume responsibility for all finance and
administration areas within Advantage. He will also manage
the company’s Human Resource and Information System
functions.
Prior to joining Advantage Group, Mr McKenzie
spent 10 years with Television New Zealand in a number of
senior financial management roles, most recently as Chief
Financial Officer.
He has also held senior consulting and
business development positions in New Zealand and the Middle
East. These included a consultancy role with the Bank of
New Zealand, where he provided advice to organisations on
corporate structuring, valuations, business strategy and
planning. Mr McKenzie also spent seven years in the Middle
East with construction firm McConnell Dowell Corporation.
During this time he was responsible for establishing a
number of highly successful ‘green-fields’ operations
throughout the region.
Commenting on the appointment,
Advantage Group Chief Executive Officer Greg Cross said Mr
McKenzie’s experience and knowledge complement the company’s
existing growth strategy. “Stuart is an astute commercial
operator and has proven credentials working in technology
based industries and capital markets. His background will
prove invaluable in supporting the growing interest from
institutions and international investors in Advantage
Group’s operations.”
Mr McKenzie said he will work with
senior management to maximise growth opportunities
associated with Advantage Group’s operations in the
e-commerce sector. “Advantage has set out to create a top
performing organisation which delivers superior returns to
shareholders. It has already demonstrated it has the
innovation, technology and specialisation to reach this
goal. I look forward to leveraging this existing capability
to develop its reputation as the pre-eminent provider of
world class e-commerce solutions.”
About Advantage
Advantage Group Limited, an NZSE listed company, is a
leading supplier of e-commerce and transaction processing
solutions in New Zealand, Australia and throughout the
southern hemisphere. The company has three business units:
point-of-sale equipment, retail solutions and
business-to-business e-commerce. Advantage provides
hardware, software, transaction processing and funds
transfer capabilities to enable complete e-commerce
solutions.
ENDS