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One of New Zealand’s Youngest Directors Appointed

Media release EMBARGOED until 5pm 29 September 2010

One of New Zealand’s Youngest Directors Appointed

The Gough Group has today announced the appointment of one of New Zealand’s youngest directors to its board at its annual shareholding meeting.

The Gough Group is New Zealand's leading provider of equipment and services to the infrastructure, mining, forestry, transport and power system industries. It is best known for being the sole New Zealand Caterpillar (CAT) heavy machinery dealer for almost 80 years.

Antony Gough, a major shareholder in the Group, says the appointment of 25-year old Jamie Gough will inject some fresh thinking into the company.

“Jamie will be a valuable addition to the Gough Group’s Board of Directors. He brings an impressive amount of experience, as well as an eye to the future. He already has a successful record as Asset & Marketing Manager for Hereford Holdings Ltd and has been an active member of many influential Boards,” he says.

“I have seen first-hand his ability to govern as an elected Community Board Member and this will be a great asset to our company. The Trustees of the company should be commended on the appointment, which recognises Jamie’s capabilities and demonstrates a true vision to the future.”

In 2007 Jamie was elected as a Community Board Member for Christchurch’s Fendalton/Waimairi Ward. He is running again in the current Local Body Elections as a Christchurch City Councillor.

In 2009 Jamie was elected as an executive member of the Christchurch Central City Business Association Board by the local business community and is a member of the New Zealand Institute of Directors.

Jamie Gough says his political and business experience complement each other well.

“I am excited about joining the Board of The Gough Group and I look forward to using the knowledge and experience I have gained in the political and corporate fields to help take the company forward.

“I am passionate about seeing businesses and communities prosper and I believe the two are intertwined. Economic strength is vital to the success of any city. Successful local businesses stimulate growth and I believe I have a positive contribution to make.”

He says his key role is to enable the talented people throughout the company, who specialise in their own respective areas, to be successful and achieve positive outcomes for themselves and the company.

“I am well aware these are challenging times, but I find that exciting and look forward to using my commercial and governance skills, enthusiasm and lateral-thinking to make a real difference,” he says.

The Gough Group has more than 750 employees in 37 locations across Australia and New Zealand. It is made up of three distinct parts; the Equipment Group, the Transport Group and the Finance and Corporate Services Group. There are 10 business units operating within The Gough Group in a variety of industry sectors.

David Faulkner (former CEO of Fulton Hogan) has also joined the six-member board, following two retirements.


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