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

 

NZ’s Largest PPE Supplier To Recruit New CEO

Joe Taylor, NXP’s incumbent CEO, will transition from his current role at the end of the year, and will take up a governance position on the company’s board.

A 70-year-old Kiwi company which has played a key role in supplying essential Government service providers with PPE during the pandemic is recruiting for a new CEO.

NXP is New Zealand’s largest distributor of business supplies to corporate and Government agencies - including Ministry of Health, NZ Police and Department of Defence.

Joe Taylor, NXP’s incumbent CEO, will transition from his current role at the end of the year, and will take up a governance position on the company’s board.

His departure follows a transformative tenure which saw the company reach record revenues in the last fiscal year.

Taylor first joined NXP in 2018, after the company was sold by Platinum Equity LLC, a private US equity firm, following a Commerce Commission ruling designed to maintain competition in the B2B supplies market.

The company was then purchased by New Zealand investors led by majority shareholder, Tom Sturgess and is now part of the Tiri Group - a diverse set of engineering and distribution businesses.

Following a period of rapid growth which saw staff numbers grow from 80 to 200, NXP now ships over two million packages per year to 50,000 organisations around New Zealand. Around two thirds of the company’s revenue is generated from kitchen and facilities management supplies.

In the past 18 months, NXP has also acquired three other local firms under Taylor, including the country’s largest mid-market cleaning and janitorial supplies firm, The Service Company

Taylor says, like most other businesses, while there was an elevated level of apprehension as the country went into the first lockdown, they were able to leverage their global channels to secure shipments of PPE at a critical time for health care, aged care and government.

He says the pandemic has seen a period of rapid change in supply chains around the world and he is immensely proud of the support provided by his team to navigate this.

“At a time where B2B companies were facing significant challenges, the team at NXP have worked incredibly hard to meet the needs of customers - even when it meant following me into the unknown sometimes, for this I am extremely appreciative,” he says.

Taylor says the company will focus on growing its New Zealand made and sustainable product ranges which now makes up 35% of revenue through its B2B e-commerce channel.

“The next phase of NXP’s development will see us continue to focus on growing demand in the corporate sector for environmentally friendly and locally made products,” he says.

A search for Taylor’s replacement is underway with the NXP board to announce a successor in due course.

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 


Foodstuffs: New World & Four Square Trial NZ’s First Grocery Delivery Offer With Uber Eats

New World & Four Square have partnered with Uber Eats to unlock the first grocery offering available on the platform in Aotearoa. For New World and Four Square it’s yet another way to put New Zealanders first, particularly with those inevitable last-minute grocery needs... More>>

Digitl: Download 2.0 – Vodafone Wi-Fi Calling hits early milestone
Vodafone says it has 10,000 customers using its Wi-Fi Calling service. It took less than three months to reach that milestone; the service began operating in September... More>>

Energy Resources Aotearoa: New Law On Decommissioning Could Be Costly Overkill
A new law on decommissioning oil and gas fields passed by Parliament today has good intentions but is overkill, according to Energy Resources Aotearoa. "We strongly support operators taking responsibility and paying the costs for decommissioning, which is what all good operators do," says chief executive John Carnegie... More>>



ABC Business Sales: Demand High For Covid-proof Businesses
Despite the continuing challenges facing businesses in this Covid environment, right now there are more buyers looking for a small-medium sized business than there are sellers in the market... More>>


PriceSpy: Producer Prices Increase
New Black Friday and Covid-19 Report* released by PriceSpy says people’s fear of stepping inside physical shops during big sales events like Black Friday has risen since last year; Kiwis are still planning to shop, but more than ever will do it online this year... More>>

NZ Skeptics Society: Announce Their 2021 Awards, And Dr Simon Thornley Wins The Bent Spoon

Every year the New Zealand Skeptics presents its awards to people and organisations who have impressed us or dismayed us, and this year it’s been hard to pick our winners because there have been so many choices!.. More>>



REINZ: Sales Volumes Leveling Out

Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 44 fewer lifestyle property sales (-2.6%) for the three months ended October 2021 than for the three months ended September 2021... More>>