Tegel Chief Executive to Retire In August, Pass Baton to COO

2 May 2013

Tegel Chief Executive to Retire In August, Passes Baton to COO

Tegel Foods Chief Executive Andrew Stevens is to step down in August after 18 years with the company and will be succeeded by Chief Operating Officer John Lea.

Announcing Mr Stevens’ resignation today, the company said it had been working on the succession for over a year and had appointed Mr Lea late last year as COO to ensure a smooth hand-over.

“John is a very experienced chief executive with a great track record, having previously led the RD1 business for seven years. We are extremely pleased to have attracted him to Tegel” said Mr Stevens.

Mr Lea commented: “Tegel is an outstanding New Zealand business and has gone from strength to strength under Andrew’s leadership. Tegel has been around for over 50 years, and employs 2,000 New Zealanders. I am very excited about the opportunity to further build on this legacy.”

Andrew Stevens, following a break, intends to pursue other existing business interests.

ENDS

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