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


New Chief Executive for Yellow

Media Release
19 December 2008

New Chief Executive for Yellow

Bruce Cotterill has been appointed the new chief executive of Yellow.

Mr Cotterill, who is currently a non-executive director, takes over from Dudley Enoka who oversaw the company through its sale by Telecom and establishment as a stand-alone diversified media company. Mr Enoka will remain as a non-executive director.

At the request of the Board, Mr Enoka extended his CEO contract for an additional two years in 2007, having originally been contracted for two years to prepare the business for sale and to oversee the sale process. He has commuted between his home in Wellington and Auckland for the past four years.

Chairman Jim Smith said Mr Enoka had provided outstanding leadership, particularly in decoupling Yellow from Telecom, driving growth in an increasingly competitive environment and creating a powerful employment brand.

"We're delighted that Dudley will continue to be involved in the further development of Yellow as a director."

Mr Smith said highlights of Mr Enoka's stewardship included:

* Building a first rate executive team
* Achieving world-leading growth levels in print directories
* Developing an online business that is growing at twice the rate of the overall online advertising market
* Expanding into new media, including mobile, and innovating in the search, find, compare, book and buy categories

Mr Smith said Yellow was fortunate to have someone of Bruce Cotterill's quality to maintain the momentum.

"Bruce has an outstanding track record as a CEO and director, has considerable media expertise through his involvement with ACP Media and has strong insights into Yellow as an existing non-executive director. He will be an admirable replacement."

Mr Cotterill was previously CEO of Colliers Jardine, ACP Media and Gullivers Travel Group, respectively. He is also current chairman of the Noel Leeming Group.

Mr Smith said careful succession planning was important at any time, but particularly so in the current economic environment.

"The degree of certainty and steadiness with Yellow is particularly pleasing given the uncertain economic climate."

Mr Cotterill begins in the role in February.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Frog Recruitment: Kiwi Workers Reluctant To Make Business Trips Across The Ditch Despite Trans-Tasman Bubble Opening

When the trans-Tasman travel bubble opens today, many Kiwi companies won't be rushing to buy an air ticket, reluctant to cross the ditch to do business. The latest survey conducted by leading recruitment agency, Frog Recruitment of nearly 1,000 New Zealand ... More>>

Tourism: Employers Welcome Back Working Holidaymakers

Tourism businesses gearing up for the return of Australian visitors from next week will be relieved to learn that they will also have access to an offshore pool of much-needed job candidates, Tourism Industry Aotearoa says. Tourism employers around ... More>>

Commerce Commission: Latest Broadband Report Confirms Improved Performance Of Premium Fibre Plans

The latest report from the Commerce Commission’s Measuring Broadband New Zealand programme shows that the performance of Fibre Max plans has improved substantially. This follows a collaboration between the Commission, its independent testing partner, ... More>>

Air New Zealand: Capital Raise Deferred

Air New Zealand has decided to defer its planned capital raise to later in 2021 allowing more time to assess the impacts of recent developments on the airline’s path to recovery. 'We’ve seen some clearing of COVID-19 clouds recently, with ... More>>

Stats NZ: Prices For Transport And Housing Rise In March 2021 Quarter

Higher prices for transport and housing led to a 0.8 percent lift in the consumers price index in the March 2021 quarter, Stats NZ said today. Prices for getting around rose in the March quarter. Transport prices rose 3.9 percent, the biggest quarterly ... More>>

Stats NZ: New Report Shows Impact Of Demands On Land In New Zealand

A new environmental report released today by the Ministry for the Environment and Stats NZ, presents new data on New Zealand’s land cover, soil quality, and land fragmentation. The land cover data in the report, Our land 2021 , provides the most ... More>>


Stats NZ: March Card Spending Rebounds Despite COVID

There was a lift in retail card spending in March following a fall in the lockdown-disrupted February month, Stats NZ said today. Seasonally adjusted retail card spending rose by $53 million (0.9 percent), compared with February 2021. Visit our website to read ... More>>