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

 

The Warehouse Group’s Founder takes leave of absence


13th October, 2017

The Warehouse Group’s Founder takes leave of absence

The Founder of The Warehouse Group and a member of the Group’s board of directors, Sir Stephen Tindall is marking the firm’s 35th anniversary by taking a year’s leave of absence from the business.

Robbie Tindall, who has acted as Sir Stephen’s alternate director on the board, will stand-in for Sir Stephen while he is on leave.

Sir Stephen said it was his first period of long leave from the firm he founded when he opened the doors of The Warehouse in Wairau Rd on Auckland’s North Shore in 1982.

He is taking leave because of workload from other commitments, including as chair of Team New Zealand, as well as venture capital work with his company K1W1. His leave of absence will be from now until October, 2018.

“The Warehouse Group is currently well-led at a governance level by chair Joan Withers and the board, and at a Group level by CEO Nick Grayston and his team, and my confidence in this leadership and our strategy for the next 12 months and beyond makes it possible for me to take a leave of absence,” said Sir Stephen.

A lessening of workload at The Warehouse Group would enable him to focus on other commitments, he said that, in particular, the securing of the necessary infrastructure in Auckland to host a defence of the America’s Cup, as well as opportunities for K1W1 and the ongoing work of The Tindall Foundation.

Chair of The Warehouse Group board Joan Withers said the board wished Sir Stephen well during his leave of absence, and was pleased Robbie Tindall had agreed to continue to act as Sir Stephen's alternate while Sir Stephen was on leave.

“Sir Stephen’s ethos and vision remains at the core of the Group’s strategy and operations,” she said. “While he will be missed, the board is well-placed to continue the Group’s growth and investment for the future.”


-Ends-

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 




Energy: New Zealand Could Be World’s First Large-scale Producer Of Green Hydrogen

Contact Energy and Meridian Energy are seeking registrations of interest to develop the world’s largest green hydrogen plant. The plant has the potential to earn hundreds of millions in export revenue and help decarbonise economies both here and overseas... More>>


MBIE: 36th America’s Cup Post-event Reports Released

Post-event reporting on the 36th America’s Cup (AC36) has been released today. The reports cover the delivery of the event by Crown, Council and America’s Cup Event Limited, economic impacts for Auckland and New Zealand, and delivery of critical infrastructure... More>>

Fonterra: Farmer Feedback Set To Shape Revised Capital Structure Proposal

With the first phase of Fonterra’s capital structure consultation now complete, the Co-op is drawing up a revised proposal that aims to reflect farmers’ views. A number of changes are being considered to the preferred option initially put forward in the Consultation Booklet in May... More>>




Statistics: Household Saving Falls In The March 2021 Quarter

Saving by New Zealanders in the March 2021 quarter fell to its lowest level in two years after rising sharply in 2020, Stats NZ said today. Increases in household spending outpaced income growth, leading to a decline in household saving from the elevated levels that prevailed throughout 2020... More>>

ALSO: