Archive | On the move

On the move, December 2018

Alexander moves from Morrison to SkyCity
SkyCity Asian sales role
Ex-Gaze team sets up Interspace
McDermott exits Reserve Bank for Motu in March
Barnett returns to AlexanderDorrington
Winkelmann appointed Chief Justice
Aurecon names new leader for energy, resources & manufacturing business
New head for Aurecon Australia/NZ among global appointments
Super Fund appoints investment leader
Hoerler joins Reserve Bank leadership team
PFI leaders get new titles as independent contracts end
Torrie joins Colliers
Graham to head AMP Capital NZ
Affleck appointed as team leader
Real Estate Institute appoints 3 life members

On the move is a Bob Dey Property Report column about comings, goings, rises & falls. Contributions are welcome, including photos – email bo[email protected]  with details (of the coming or going) & a jpeg or png image.

21 December 2018:

Alexander moves from Morrison to SkyCity

SkyCity Entertainment Group Ltd has appointed Peter Alexander to the newly created role of chief property officer, effective from no later than 18 March 2019, following his departure this week from HRL Morrison & Co Ltd, where he was director of New Zealand private equity real estate for the last year. At SkyCity, he will be responsible for the group’s property investment & development activities in New Zealand & Australia.

Mr Alexander has 30 years’ experience in investment management, primarily in property investment & development, in New Zealand & overseas. Before his year at Morrison & Co, he was chief executive of Stride Property Group for 3 years and property general manager for Auckland International Airport Ltd for 5 years.

One of his earliest ventures into senior management was at Property For Industry Ltd, where he was general manager for 5 years. He followed that with 3 years setting up a private equity real estate funds management business for AMP Capital Investors (NZ) Ltd and beginning investment in it, and was general manager of acquisitions & new business for Goodman Property Trust manager Goodman (NZ) Ltd for 2 years.

Mr Alexander is a trustee of the Dilworth Trust Board, chairs community housing provider Homes of Choice Ltd and is a non-executive director of HLC (2017) Ltd (the former Hobsonville Land Co Ltd, now with an expanded role).

Mr Alexander is a former member of Auckland City Council’s Property Enterprise Board and a former Auckland branch chair of the Property Council. He graduated from Auckland University with a bachelor of property degree in real estate in 1988.

SkyCity Asian sales role

SkyCity Entertainment Group Ltd has appointed John Chong to the newly created role of Asian sales & commercial strategy president, reporting to the group international gaming general manager, effective from 1 January. Mr Chong is based in Hong Kong and was most recently international marketing president for The Star Entertainment Group. He’s worked in the gaming sector in Asia for Melco Crown, Caesars, Sands China & Naga Corp.

18 December 2018:

Ex-Gaze team sets up Interspace

Rob Wesley & Sam Kenny have set up design & build company Interspace Commercial Holdings Ltd, with Jeff Wesley as an executive director, Mark Wheeler as finance manager and Lindsey Heileson as project manager.

Rob Wesley has left Gaze Commercial Ltd after 3 years as Auckland commercial manager. He held business development & sales manager roles during 8 years in London, after a short stint as a locum broker for ING Life in Auckland.

Mr Kenny was a project manager at Gaze Commercial for 2 years after being a designer at 2 London studios in 2009-10, 3½ years as a designer at CTRL Space Ltd & 2 years as senior quantity surveyor at Total Property Worx Ltd.

Jeff Wesley headed Turners Auctions for 8 years and was Turners & Growers Ltd managing director for 7 years, retiring in 2012.

Mr Heileson was a project manager at Gaze Commercial for 18 months after 6 years as operations manager at Image Interiors Ltd.
Link: Interspace

McDermott exits Reserve Bank for Motu in March

Reserve Bank chief economist Dr John McDermott will leave the bank for the third time next year to join the economic research institute Motu.

He rejoined the bank in June 2007, heading its economic function, and will stay on until the bank issues its monetary policy statement in February.

In the Reserve Bank’s leadership restructure in November, Dr McDermott, who’d been assistant governor & head of economics, accepted the role of chief economist & head of department for economics in the economics, financial markets & banking group. He was not a member of the new senior leadership team.

Governor Adrian Orr said today Dr McDermott “has been an incredibly loyal & influential member of the Reserve Bank team, and has made a valuable contribution to the management of monetary policy”.

Dr McDermott was an economist at the Reserve Bank from 1988-90 after graduating from Auckland University with a BSc & MCom in economics. In 1994 he graduated with his doctorate in economics from Yale University in the US, worked as an economist at the International Monetary Fund for the next 4 years, and was a manager in his second stint at the Reserve Bank from 1998-2001.

He was the National Bank’s chief economist until 2006, and an associate professor at Victoria University of Wellington through to his third period at the Reserve Bank.

Barnett returns to AlexanderDorrington

Angela Barnett rejoined law firm AlexanderDorrington in September, after leaving in 2003 to start her family and run a property management business. She’s a solicitor with over 15 years’ experience, whose passion for property has defined her career, giving her both client-side & law firm experience.

She’s bought various residential properties in Auckland and also project-managed several residential subdivision projects.

As a solicitor, Ms Barnett has acted for a wide range of clients, including commercial & residential property developers, property investors, companies & organisations with extensive leasing portfolios, and private clients. Having also worked for a large law firm, Ms Barnett was involved in the acquisitions & disposals of commercial property, subdivisions, property development projects, commercial leasing, vendor & purchaser due diligence investigations, advising clients & managing their property portfolios. She also practised in the UK.

Winkelmann appointed Chief Justice

Justice Helen Winkelmann was appointed Chief Justice yesterday, and also as a judge of the Supreme Court.

Prime Minister Jacinda Ardern announced the appointment, effect 13 March on the retirement of Dame Sian Elias.

Ms Ardern said: “The consultation process highlighted the enormous esteem Justice Winkelmann is held in by the legal community. There was a high degree of consensus from all quarters for her appointment.”

Ms Ardern said Justice Winkelmann’s peers, and the profession, recognised her “for her superior intellect, her judicial instinct & experience, coupled with strong leadership, qualities that I am sure will make an outstanding chief justice.”

Justice Winkelmann graduated from Auckland University in 1987 with an LlB & BA in history and began work as a law clerk with Auckland firm Nicholson Gribbin (later Phillips Fox, now DLA Piper). In 1988, at age 25, she became the first female partner and one of the youngest partners ever in the firm’s then 117-year history.

In 2001 Justice Winkelmann left Phillips Fox to join the independent bar, specialising in commercial litigation, insolvency & medico legal. She was appointed a High Court judge in 2004 and chief High Court judge in 2009. In 2015 she was appointed to the Court of Appeal.

Aurecon names new leader for energy, resources & manufacturing business

Melbourne-headquartered global engineering & infrastructure advisory company Aurecon Group Pty Ltd appointed Paul Gleeson yesterday as managing director of energy, resources & manufacturing.

Incoming chief executive William Cox said Mr Gleeson would lead Aurecon’s business in Australia, New Zealand, Asia & Africa, pursuing opportunities to innovate as each industry undergoes rapid change: “Paul previously led our energy business on Australia’s east coast, driving the significant growth in our core business and establishing our energy advisory business over the last 5 years. He will remain focused on driving our development, now across all of energy, resources & manufacturing sectors globally.”

Mr Gleeson has worked on some of the most significant projects in the Australian energy market, advising on the acquisition of TransGrid; the development, design & delivery of Australia’s largest solar farms; and the ongoing implementation of the South Australian energy plan, which led to the installation of the world’s largest lithium-ion battery.

Mr Gleeson said: “As energy systems transform the world over, it’s critical that key agencies collaborate to look at the system as a whole, shifting their focus to what is best for consumers in relation to affordability, reliability & sustainability. This is particularly relevant given the rising use of renewable energy in Australia, creating a greater need for collaboration between industry & the Government to achieve integration of infrastructure. We see this clearly on the energy storage projects we are involved with, both battery & pumped hydro.”

He said the priority for New Zealand was to consolidate the region’s strong manufacturing & energy business and help clients implement new technologies & digital solutions to optimise their processes, and transition to the production of higher value products.

“We’re seeing considerable potential as we embed our advisory practices more closely with our technical offerings for our energy, resources & manufacturing business areas, specifically programme advisory & digital advisory, to help asset owners optimise their operations.

“In Africa, our focus for the resources sector will be building on our great track record & solid opportunities throughout sub-Saharan Africa, while for the energy sector it will be about supporting clients through some significant challenges in the next few years.”

Mr Gleeson replaces Dr Alex Wonhas, who’s been appointed as a senior executive at the Australian Energy Market Operator.

Mr Gleeson is a fellow of the Institution of Engineers Australia and a graduate of the Australian Institute of Company Directors. He holds a certificate in design-led innovation from Stanford University and a bachelor of engineering degree from the Queensland University of Technology.

New head for Aurecon Australia/NZ among global appointments

 The new global chief executive of engineering & infrastructure advisory company Aurecon Group Pty Ltd, William Cox, has made 4 senior appointments since he was named to the top job on 20 November, although he doesn’t actually take up his appointment until 1 February.

The latest of them (details above) is to appoint Paul Gleeson as managing director of energy, resources & manufacturing.

On 10 December, Mr Cox added 2 more female senior leaders to Aurecon’s global executive leadership team, appointing Louise Adams as managing director for Australia & New Zealand and Francoise Merit as global chief financial officer.

Mr Cox announced his intention to continue Aurecon’s rapid growth & continuing diversification across digital, advisory & Asia, following record profit margins over the last 3 years. He sees immense potential in transport infrastructure, the built environment & the fast-growing data centre sector.

Mr Cox is a civil engineer with over 30 years’ experience in transport, aviation & infrastructure in Australia & the UK, and has just completed a term as Aurecon’s managing director for Australia & New Zealand.

Ms Adams takes over that role from him on 1 February after being regional director responsible for Aurecon’s South Australian & Victorian practice and the first female member of Aurecon’s global board.

Ms Adams has extensive experience as a project manager & chartered civil engineer, leading major civil & multi-disciplinary projects in the UK, Australia, Ireland, Iran, India, Malaysia, Thailand, Laos, Singapore, Guyana, North America, Pakistan, Libya, Qatar & the UAE. She headed Aurecon’s Victoria & South Australian operations for the last 3 years, became the first Australian woman on the group’s global board in 2013 and is global spokesperson for women in leadership. In 2016, she was highly commended as female champion of change in Consult Australia’s excellence awards and this year she was awarded a chief executive women scholarship to attend the Wharton Business School in Philadelphia.

The new global chief financial officer, Francoise Merit, was appointed chief financial officer for Australia & New Zealand in February 2018. Her predecessor in the global role, Andrew Muller, has become chief operating officer.

Ms Merit finished an 11-year career at French solutions group Thales SA’s Sydney office as finance general manager in February, following 4 years in Australian defence industry finance.

Mr Muller joined Aurecon in 2016 as global chief financial officer after an 18-year career with Lendlease Corp, where he held a range of senior financial management positions in Australia & globally.

Super Fund appoints investment leader

The Guardians of NZ Superannuation, the Crown entity that manages the $39 billion NZ Super Fund, appointed Stephen Gilmore on 12 December as chief investment officer. He’ll join the Guardians in late February and will be a member of the Guardians’ leadership team & investment committee.

A New Zealander, Mr Gilmore has extensive global experience and was most recently chief investment strategist at the $A148 billion Future Fund in Australia, where he held a series of senior investment roles from 2009-18.

Guardians chief executive Matt Whineray, who was chief investment officer until July, said on Friday: “We are delighted to have been able to attract a global investment leader of Stephen’s calibre to the Guardians. The NZ Super Fund is expected to grow strongly over the next few years and Stephen’s experience at the Future Fund, one of the world’s leading sovereign wealth funds, will be invaluable.”

Mr Gilmore said: “I am a great admirer of the NZ Super Fund’s strong investment performance & culture. After many years abroad, I am looking forward to the opportunity to return to New Zealand and make a contribution to the fund’s ongoing success.”

Mr Gilmore will lead a 45-strong team of investment professionals responsible for the appointment & monitoring of the fund’s external investment managers; New Zealand & international direct investment; responsible investment; and asset allocation, including macroeconomic strategy & the Guardians’ strategic tilting programme.

A chartered accountant, he has an MCom in economics from Canterbury University and began his career with roles at Otago University & the Reserve Bank. Mr Gilmore’s career also included periods with Banque AIG, Morgan Stanley, the International Monetary Fund & Chase Manhattan Bank.

Hoerler joins Reserve Bank leadership team 

The Reserve Bank appointed Patrick Hoerler to its senior leadership team last week, as assistant governor & general manager of business operations.

Mr Hoerler joined the Reserve Bank in January 2017 and was most recently its head of risk & audit. In his new roles, he will lead the bank’s digital services, property assets & security teams and have responsibility for the bank’s business continuity office in Auckland.

Before joining the Reserve Bank, Mr Hoerler was Mercury Energy Ltd’s risk assurance officer & previously its treasurer. He’s Swiss, has a background in corporate treasury, finance & international banking, and worked in Switzerland, New York & Singapore before moving to New Zealand.

PFI leaders get new titles as independent contracts end

Property for Industry Ltd has appointed Simon Woodhams as chief executive and Craig Peirce as chief finance & operating officer from 1 January, when they switch from being independent contractors to full-time employees.

Greg Reidy, managing director since 2012, will remain an independent contractor until 30 June 2019, when he will become a non-executive director.

These appointments, announced on 11 December, follow on from the internalisation of the management contract in mid-2017 and are part of the PFI board’s long-term approach to succession planning.

PFI chair Anthony Beverley said: “Greg, Simon & Craig have been instrumental in the growth & positive progress of PFI and its positioning as a leader in industrial property investment in New Zealand.

“We are delighted that Simon & Craig will now be joining PFI’s leadership team on a full-time basis. They both are very experienced executives with a deep knowledge & understanding of our business & the industry we operate in. This is of great value for PFI as we continue to focus on delivering strong, stable returns to our shareholders.”

Mr Beverley said Mr Reidy had played a significant role in PFI’s success, from the formation of the Direct Property Fund in 2003 & its growth to $400 million of assets, through to the purchase of the PFI management contract & merger of the 2 businesses in 2013. PFI now has $1.2 billion of assets.

Torrie joins Colliers

Grant Torrie has joined Colliers International as marketing operations director after 8 years at Fairfax Media NZ Ltd & Stuff Ltd, finishing as head of consumer marketing. His areas of expertise include digital, traditional & services marketing. He’s replaced Jeremy Graham, who’s stepped down after 8 years to spend more time with family. Mr Graham also spent 3 years as commercial & industrial marketing manager at Bayleys.

Bevan Graham to head AMP Capital NZ

AMP Capital Investors (NZ) Ltd has appointed Bevan Graham as New Zealand managing director & chief economist, effective 1 January. He’s been chief economist since 2011 after a career that began in 1988 as an economist for the ANZ Bank, included similar roles at Westpac Banking Group & AXA Global Investors and 2 years as chief economic advisor for the National Party.

Mr Graham will replace AMP NZ managing director Grant Hassell, who’s moving to a new role as AMP Capital’s global head of fixed income but will remain on the AMP NZ board.

Affleck appointed as team leader

Engineering & design consultancy Harrison Grierson Consultants Ltd has appointed Peter Affleck as building services team leader at its Wellington office. He was a senior associate at Norman Disney & Young in Wellington for the last 13 years.

Mr Affleck is a mechanical engineer specialising in building services with over 20 years’ experience in New Zealand & London. He has specialist expertise in mechanical services (HVAC) & fire protection services design consultancy work, as well as project leadership. He was project leader & mechanical engineer on the long-running & complex NZ Post House project in Wellington, and project leader & lead mechanical engineer for the energy-efficient retrofit of the historic Te Puni Kokiri House.

Real Estate Institute appoints 3 life members

The Real Estate Institute has appointed 3 new life members – Brian Waldegrave, Euon Murrell & Graham Crews.

Mr Waldegrave has been involved in Bay of Plenty real estate for 40 years, and was a shareholder & director of Eves Realty Ltd, Realty Services Holdings Ltd & Success Realty Ltd, a member of the institute’s Waikato/Bay of Plenty/Gisborne district committee and chaired the investigation sub-committee. He’s been a fellow of the institute since 2008.

Mr Murrell has been in the real estate industry in Wellington for 35 years, and extensively involved with the institute for 20 years. He was on the Wellington district committee for 10 years, 8 as president, was on the old institute council for 2 years, and a region 3 director for 8 years, retiring in 2016. He was made a fellow of the institute in 2012.

Mr Crews took up real estate sales in 1986, building his way to his current role as a compliance trainer, mentor & arbitrator. He was instrumental in the industry’s liaison with the Government to develop the new Real Estate Agents Act in 2007-08 and has often appeared as an expert witness in front of various judicial bodies. He’s been an institute fellow since 2004.

Got an appointment you want the world to know about? Hit this email tab – [email protected].nz.

Continue Reading

On the move, November 2018

<I>On the move,</I> November 2018

New chair & deputy for Real Estate Institute
Melinda Dickey appointed to Environment Court
Hayde takes on business sales management at NAI Harcourts
Gudgeon joins Argosy board
Harcourts appoints Forde as international chief operating officer
Hatten joins Birch Surveyors
Haslem joins Oyster board 
Vital manager appoints director
Walters joins K3 Legal
New Metro Glass chief now due this month
Penney to join Stride as investment manager
Reserve Bank redesigns leadership structure
Lowndes appoints Dewe as director

On the move is a Bob Dey Property Report column about comings, goings, rises & falls. Contributions are welcome, including photos – email [email protected] with details (of the coming or going) & a jpeg or png image.

27 November 2018:

New chair & deputy for Real Estate Institute

Bridget Coates, who joined the Real Estate Institute’s board in September, assumed the chair yesterday, replacing Dame Rosanne Meo, who retired at the institute’s annual meeting after 8 years on the board.

Miriam Dean QC, appointed to the board in November 2017, was named deputy chair. Angela Bull will chair the audit & risk committee following the retirement of Philip Searle.

Ms Coates was made a member of the NZ Order of Merit in 2014 for her services to business. She’s a director of Tegel Group Holdings Ltd, chairs and is chief executive of Kura Nutrition and White Cloud Dairy Innovation Ltd, and is a member of the Auckland University Business School’s advisory board. She completed a term as a director of the Reserve Bank in September and was previously a director of the NZ Superannuation Fund.

Past roles in her extensive business career include being chief executive of Carter Holt Harvey Plastic Products & a director of numerous Carter Holt subsidiaries, director of research for CS First Boston NZ Ltd, inaugural chair of Auckland-based incubator The Icehouse Ltd, a director of NZX-listed SkyCity Entertainment Group Ltd and Fisher & Paykel Appliances Holdings Ltd.

She’s been on the board of the NZ/US Beachhead Programme – an NZ Government programme offering strategic advice & mentoring to businesses seeking access to the US market, Industry NZ (now NZ Trade & Enterprise), Committee for Auckland Ltd and Auckland University-owned technology transfer business Auckland Uniservices Ltd. She has degrees in economics & finance and is a chartered financial analyst.

25 November 2018:

Melinda Dickey appointed to Environment Court

Brookfields law firm partner Melinda Dickey was appointed as an environment & district court judge this week. She’ll be sworn in on 1 February and sit in Auckland.

She’s been a partner at Brookfields since 1996, specialising in all aspects of resource management & environmental law. Since 2013 she’s acted for Auckland Council providing advice & attending hearings on the Auckland unitary plan, including Environment Court & High Court proceedings.

She’s also advised a number of local authorities on infrastructure projects & planning instruments, and commercial & private clients involved in developments, and provided strategic advice on public & administrative law, local government law & environmental law issues on major infrastructure projects, particularly for clients such as the NZ Transport Agency & local authorities.

23 November 2018:

Hayde takes on business sales management at NAI Harcourts

NAI Harcourts Cooper & Co has appointed Jayson Hayde as business sales general manager, after 6 months in business sales with the Takapuna-based commercial property agency, and 3 years running 2 private companies. One of those companies generated new deals for a developer of multi-unit residential projects, while the other provided governance & business strategy to a business & client base.

Since 2005, Mr Hayde has been managing director of North Carolina-based New Vision Investments Inc, which developed brand strategy & advertising revenue for clients, primarily focused on emerging franchise organisations in the New Zealand & Australian markets. He was also an operations manager for McDonald’s Corp for 8 years.

16 November 2018:

Gudgeon joins Argosy board

Argosy Property Ltd has appointed former Kiwi Property Group Ltd chief executive Chris Gudgeon as an independent director, with effect from Wednesday 14 November.

Mr Gudgeon left Kiwi Property in September, over a year after he gave notice. He’d led the business since 2008.

Mr Gudgeon is a qualified civil engineer and holds an MBA from the Wharton School, University of Pennsylvania. He held a variety of civil engineering & senior property investment & development roles in New Zealand & overseas, including being project manager for Kiwi Income Property Trust’s development of the Vero Centre in Auckland, and went on to roles as chief executive at Capital Properties NZ Ltd then general manager of property for Auckland International Airport Ltd before rejoining Kiwi in 2008.

He’s also a former president of the Property Council.

Harcourts appoints Forde as international chief operating officer

Real estate franchise group Harcourts International has named Rob Forde as international chief operating officer, responsible for leading operations & driving growth in 6 Harcourts territories – the US, China, Hong Kong, Canada, South Africa & Indonesia – as well as taking responsibility for Harcourts’ financial services business, Mortgage Express.

An Australian, he’ll be based in Harcourts’ head office in Brisbane.

Harcourts International managing director Mike Green said that, with over $35 billion of property sold over the last 12 months in 10 countries, Harcourts’ continued growth demanded top-tier industry leaders to drive winning strategy & streamlined operations.

“Mr Forde is perfectly poised to take on this new role and join the international leadership team, with tertiary qualifications in business/international business and leadership experience with Harcourts in both Australia & the US. Since 2015, Mr Forde has been based in the US as regional director of Harcourts Pacific – California, Nevada & Hawaii.

“Rob has been instrumental in the rapid growth of Harcourts in the US real estate market, and an effective leader to our business owners & their teams.”

Mr Forde will work alongside Harcourts International chief operating officer Jo-Anne Clifford, who will now focus exclusively on operations supporting the Harcourts Australia & Harcourts NZ leadership teams & Harcourts International Property Management.

Ms Clifford, who celebrated 30 years with Harcourts this year, said: “For me, this new focused direction is about the connection with our people across the network. We have designed this working approach to strengthen our unique Harcourts culture, as it’s what sets us apart in the market.”

Ben Brady, Harcourts’ current US auctions director, will become regional director of Harcourts Pacific.

13 November 2018:

Hatten joins Birch Surveyors

Birch Surveyors Ltd has appointed Mark Hatten to the new role of business development manager. Mr Hatten, based in Auckland, will provide technical support and develop opportunities across the surveying, planning & land development engineering consultancy’s 4 offices servicing Auckland, Waikato & Coromandel.

Mr Hatten completed a Bachelor of Surveying degree at Otago University in 1994 and became a registered professional surveyor in 1998. He worked for Truebridge Callender Beach Ltd for 10 years, starting in Wellington and moving to Auckland in 1999 to establish a branch office. For the last 14 years he’s been a principal of Thurlow Consulting Ltd, where he obtained wide experience in land development & infrastructure projects.

Mr Hatten’s fields of special competence include project management, subdivision design, land surveying, resource management consents, land development engineering, construction set-out and as an expert witness.

He said his notable projects had included surveying advice & expert witness for a 400-unit development in Albany, survey manager for the topographical survey of the 67km Auckland rail network, managing the title rationalisation of 300 Housing NZ properties and sole responsibility for the construction set-out of Te Papa in the last 18 months of the project.

Mr Hatten’s business & land development experience add additional strength to the Birch leadership team as the company moves forward into a new era of growth & development.

Birch’s 25 land surveyors, planners & civil engineers work from offices in Pukekohe, Penrose, Tairua & Hamilton. Kevin Birch established the firm in 1989 and was joined by his father, Sir William Birch, at the conclusion of his 27-year career in Parliament in 1999. Sir William was architect of the Think Big projects in the 1970s-80s and finance minister for 6 years in the 1990s.

Haslem joins Oyster board 

Oyster Property Group Ltd has appointed Sophie Haslem, of Wellington, as an independent director. She’ll also chair the board’s audit & risk committee.

She has over 20 years’ experience in strategy consulting & corporate finance and is a director of CentrePort Ltd, Kordia Group Ltd, Magritek Ltd, MetService & Rangatira Ltd, and a trustee of the Akina Foundation. She’s held positions with a diverse range of companies in New Zealand & Australia, including NZ Post, Citibank NA, ANZ Investment Bank and Cap Gemini Ernst & Young.

Oyster’s chair, Joanna Perry, said Ms Haslem’s investment banking & strategic planning expertise aligned well with Oyster’s current business operations & planned corporate growth. “Additionally, her specific governance experience provides an excellent platform from which to chair the audit & risk committee.”

Oyster has particular expertise in property fund structuring & equity raising, and currently manages over 20 property funds structured for retail & wholesale investors, including the diversified Oyster Direct Property Fund.

The company partners with institutional capital & private equity investing in commercial property, and holds management mandates with third party property owners across development, asset management, property & facilities management and retail leasing.

Oyster manages $1.4 billion of retail, office & industrial assets throughout New Zealand. Its team comprises specialists in transactions, asset & property management, development & finance. ASX-listed Cromwell Property Group owns 50% of the company.

Vital manager appoints director

NorthWest Healthcare Properties Management Ltd, the manager of the Vital Healthcare Property Trust, has appointed Graham Stuart of Auckland as a director & audit committee member, effective immediately.

Mr Stuart is an experienced corporate director with an established track record of performance in governance & in prior executive roles. He’s the independent chair of EROAD Ltd and an independent director & audit committee chair of Tower Ltd.

He was strategy & growth director and chief financial officer of Fonterra Co-operative Group from 2001-07, and chief executive of Sealord Group from 2007-14. Mr Stuart is a fellow of Chartered Accountants Australia & NZ and a member of the NZ Institute of Directors. He has a BCom (first class honours) from Otago University and an MSc from Massachusetts Institute of Technology.

It’s intended that he transition to chairing the audit committee, taking over from Claire Higgins, who chairs the management company. Mrs Higgins said Vital had been a strong & consistent performer over the last decade, with unitholder returns comfortably exceeding the total sharemarket & peer group indices over that period, and she was confident Mr Stuart would play an important role in Vital’s drive to maintain a high level of performance.

NorthWest’s search & recruitment process followed a review of the board structure foreshadowed in April, on the retirement of then chair Graeme Horsley. Mrs Higgins said: “The search process canvassed a broad field of candidates, including a number put forward by investment institutions in New Zealand. We have welcomed the opportunity to engage with interested unitholders in this context, and in particular their willingness to put forward potential candidates ahead of the formal nominations process.”

11 November 2018:

Walters joins K3 Legal

Property & construction law specialist Jeff Walters has joined the K3 Legal team, taking the number of directors to 8.

Mr Walters has 19 years’ experience in the sector, including acting for some of New Zealand’s largest organisations.

He said of his appointment: “K3 is very distinct in the way it goes about the business of law and I’m excited by those opportunities. And having the K3 Accounting & K3 Consulting teams working alongside K3 Legal will be very useful, particularly for construction & property clients.

Mr Walters started his career with Chapman Tripp in Auckland before a stint with Chapman Tripp in Wellington and then a return to Auckland & Bell Gully. In 2012, he joined Lowndes as a partner, where he spent 5 years, followed by 18 months at Anderson Creagh Lai.

He’s presented seminars on topics such as residential development in Auckland, the Building Act 2004, the Property Law Act 2007, the NEC form of construction contract, and limited liability partnerships & property development.

He advises on all property matters, including property management, acquisition & disposal, hotel leasing, management & brand franchising, commercial, retail & industrial leasing, development, construction, and mortgagee sales.

“My clients include developers who are buying land, building on it and then onselling, so I’m involved with their projects from beginning to end. I also work on residential & commercial sales & leasing, and advise on construction disputes.”

In addition to his law degree from Auckland University, Mr Walters has a masters in art history so has a keen appreciation of the many artworks adorning K3’s walls.

6 November 2018:

New Metro Glass chief now due this month

Metro Performance Glass Ltd’s new chief executive, Simon Mander, will join the company 2 months earlier than anticipated when he was appointed in August.

His start date has been brought forward from January to Monday 19 November.

Mr Mander has been chief executive at Tru-Test Corp Ltd for a year. Swiss company Datamar SA completed its acquisition of Tru-Test at the end of September. That was one of 3 short appointments for Mr Mander since January 2016, when he left Rapak Asia Pacific after 11 years as managing director. He was general manager of transformation at Fletcher Building Ltd’s building products division for the next 8 months, then headed Fletcher subsidiary Firth Industries Ltd’s masonry, dricon & CSP Pacific businesses for a year.

Penney to join Stride as investment manager

Stride Investment Management Ltd has appointed HRL Morrison & Co Ltd investment director Steve Penney as investment general manager, starting in February.

In his 6 years at Morrison & Co, he’s led property investment & redevelopment projects and managed multi-functional teams to deliver property investment strategies. At Stride, he will be instrumental in the next evolution of the property group’s investment management fund strategy.

Before joining Morrison, he spent 8½ years at PricewaterhouseCoopers, where he advised governments on largescale infrastructure projects in both New Zealand & Australia, with a focus on the financial & commercial aspects, and gained extensive experience in corporate treasury & financial markets. 

Stride chief executive Philip Littlewood, who joined the company in June 2017, said this appointment completed his executive team, which now had “the right mix of domestic & international experience to seek new opportunities & further grow Stride Property Group”.

Reserve Bank redesigns leadership structure

The Reserve Bank is creating a new senior leadership team to achieve its vision of “great team, best central bank”. The new structure will take effect in December.

Reserve Bank governor Adrian Orr said last Friday the new team would better balance the workload, allow leaders to operate more strategically and provide more depth in teams for growing capacity & capability. 

“The Reserve Bank currently has a senior management group made up of 13 positions. The new leadership structure is focused & better aligned to how we operate as a whole – across people; systems & processes; policy; and relationship management.”

Mr Orr said bringing about the new team had implications across the bank. Affected staff had been consulted, some had taken new positions on the team or other leadership roles in the bank, and a few had elected to leave the bank.

Appointments to senior leadership team:

  • Geoff Bascand (currently deputy governor & head of financial stability) has accepted a role on the team as deputy governor & general manager of financial stability
  • Lindsay Jenkin (currently head of human resources) has accepted a role on the team as assistant governor/general manager of people & culture
  • Mike Wolyncewicz (currently chief financial officer & head of financial services group) has accepted a role on the team as assistant governor/chief financial officer finance.

Mr Orr said the bank would start recruiting soon for the remaining 3 roles on the team.

Leadership changes:

  • John McDermott (currently assistant governor & head of economics) has accepted the role of chief economist & head of department for economics in the economics, financial markets & banking group
  • Toby Fiennes (currently head of prudential supervision department) has accepted the role of head of department for financial stability policy & analytics
  • Steve Gordon (currently head of currency, property & security) has accepted the role of head of department banking in a newly formed economics, financial markets & banking group
  • Patrick Hoerler (currently head of risk, assurance & assessment) has accepted the role of head of department for risk & audit in a newly formed governance, strategy & corporate relations group
  • Steffi Schuster has accepted the new role of head of department for data & statistics
  • Andy Wood has accepted the new role of head of department for financial system oversight. 

Departures:

  • Sean Mills (assistant governor & head of operations), Mark Perry (head of financial markets) & Klarissa Plimmer (chief information officer & head of digital services) have elected to leave the Reserve Bank
  • Bernard Hodgetts (head of macro-financial department, who is currently seconded as director Reserve Bank review in the Treasury) has also chosen to leave the Reserve Bank after he finishes his role leading the review.

2 November 2018:

Lowndes appoints Dewe as director

Law firm Lowndes Ltd has appointed Kerri Dewe as a director. She joined the firm in 2011 after her return from 3½ years as a senior associate at Dentons in Dubai.

She became a principal of Lowndes in 2013 and has developed her practice in corporate and mergers & acquisitions law. Chambers Asia Pacific recognised her in 2014 as ‘associate to watch’, and Legal500 Asia Pacific in 2018 as a ‘next generation lawyer’.

She regularly advises on constitutional & governance issues, corporate refinancing, securities legislation, regulatory compliance, consumer law & non-contentious employment matters, and has experience in telecommunications & technology law, advising on procurement, outsourcing, licensing, compliance, internet-related issues & energy projects.

After graduating from Otago University in 2002 with an LlB (honours – first class) & BCom (economics), Ms Dewe joined Chapman Tripp in Auckland then spent a year as a project manager for the initial roll-out of Vodafone’s 3G network, liaising with stakeholders, including external consultants, local government, landowners & community groups, negotiating multiple site agreements and contributing to upper management decisions.

She joined Lowndes Jordan (LowndesLaw’s first independent firm) for 2 years before her stint in Dubai.

Ms Dewe is also an endurance athlete, competing in the Kona world ironman championship in Hawaii last year.

Got an appointment you want the world to know about? Hit this email tab – [email protected].

 

Continue Reading

On the move, October 2018

Wood to move from NZME to Realestate.co.nz
Human relations specialist moves from Fletcher Construction to Steel & Tube
Martin moves from Crossmark to top role at Apprentice Training NZ
Century 21 appoints new national manager for NZ
Tuck takes on new corporate services role at Auckland Airport
CBRE appoints structured finance director
CoreLogic appoints Sydneysider to Auckland management role
Sydney-based Facebook manager joins Warehouse board
Freeman to replace Townsend at Property Council

On the move is a Bob Dey Property Report column about comings, goings, rises & falls. Contributions are welcome, including photos – email [email protected] with details (of the coming or going) & a jpeg or png image.

31 October 2018:

Wood to move from NZME to Realestate.co.nz

Sarah Wood.

Property advertising website company Realestate.co.nz Ltd has appointed Sarah Wood as its chief executive, taking over next February from Brendon Skipper, who resigned in June to pursue his own business interests after 4 years leading the company.

Realestate.co.nz is 50% owned by the Real Estate Institute and 50% by 5 agency companies – Ray White (Real Estate) Ltd, LJ Hooker NZ Ltd, Barfoot & Thompson Ltd, Harcourts Group Ltd & Bayleys Corp Ltd.

Realestate.co.nz chair Fairfax Moresby said yesterday: “After an extensive search it was clear to the board of directors that Sarah’s customer-focused marketing expertise, coupled with her significant platform experience & leadership in digital technology transformation, made her the ideal person to lead realestate.co.nz into the future.”

The site receives over 900,000 unique visitors/month and has over 140,000 social media followers.

Ms Wood has worked at NZME Publishing Ltd for 4 years in various digital-focused roles and is digital ventures general manager for GrabOne & YUDU. Before that, she worked in the US on the relaunch of the GS1 US brand & website.

She’s had 3 stints at NZME & predecessors, as newspaper sales promotions manager, display segment business market manager & business market manager, and the most recent digital roles.

Human relations specialist moves from Fletcher Construction to Steel & Tube

Anna Morris.

Steel & Tube Holdings Ltd has appointed Anna Morris as people & culture general manager, starting in January.

She has a background in human resources, law & corporate services and has been at The Fletcher Construction Co Ltd for the last 5 years, most recently as head of people & performance.

After graduating with law & arts degrees from Victoria University of Wellington in 2003, she practised law at Simpson Grierson for 3 years and in Australia for 2 years, then took on human relations at Unilever for 3 years and a variety of role in relation management at John Holland in Australia for 6 years.

Steel & Tube has identified a focus on people as one of the 4 strategic pillars under its Striving for excellence strategy.

Chief executive Mark Malpass said: “Part of being a leading company is having high performing, talented people and investing to help them realise their potential. Anna is an outstanding executive and her skills & experience will be of significant value as we seek to create a culture & environment that inspires & rewards our people.

“An important part of Anna’s role will be to further develop Steel & Tube’s high performance culture, training, development, succession planning & internal communications initiatives.”

Ms Morris replaces Dave Clegg, who has resigned to take up a new opportunity after 8 years at Steel & Tube.

29 October 2018:

Martin moves from Crossmark to top role at Apprentice Training NZ

Susanne Martin.

Apprentice Training NZ (ATNZ) has appointed Susanne Martin as general manager.

ATNZ is New Zealand’s largest employer of apprentices in mechanical engineering & related industries, including automotive, manufacturing, print & packaging. The not-for-profit charity employs over 380 apprentices who are seconded to businesses throughout New Zealand. Employers pay ATNZ to host an apprentice on a contract basis to work & learn. The organisation has recruited 105 apprentices this year and has another 50 vacancies to fill.

Ms Martin has joined ATNZ in Auckland after senior executive roles at international marketing agency Crossmark for 10 years and health technology company Philips in New Zealand & Australia for 6 years.

ATNZ said she had extensive experience in developing people, managing high performance teams & B2B relationships, and would be responsible for managing & developing the apprentice programmes.

Ms Martin said: “Infometrics data shows us that this country needs more than 5500 new workers in the mechanical engineering sector between now & 2022 to fill new jobs and replace workers who retire or leave. So our work is incredibly important.

“I’m hoping to take another step up with the customer-driven team, refining our service while remaining committed to being the premium apprentice training resource for New Zealand businesses.”

Century 21 appoints new national manager for NZ

Century 21 Australasia has appointed Ryan Mitchell as national manager for New Zealand, replacing Geoff Barnett, who held the job for 6 years.

Originally from London, Mr Mitchell joined the agency as a sales agent in 2015 after 6 years at Ray White, and was his new agency’s top agent in 2016 & 2017. He became Century 21 NZ’s network manager early this year.

Century 21 Australasia chair & owner Charles Tarbey said: “Ryan brings fantastic first-hand experience & knowledge of the real estate industry as well as plenty of success. We’re delighted to now have him heading Century 21 NZ.”

At Century 21’s Australasian convention last year, Mr Mitchell received the centurion producers award, which the agency presents to its highest individual achievers internationally.

He said his priorities for Century 21 NZ included investigating untapped locations for new offices; increasing business development support to existing franchise owners including recruitment, retention & sales training; encouraging greater use of social media in sales & marketing to ensure better targeting & traceability; and growing a company culture based on exemplary service & results.

Century 21 itself has changed this year, rebranding internationally under the name C21.

11 October 2018:

Tuck takes on new corporate services role at Auckland Airport 

Auckland International Airport Ltd has appointed Mary-Liz Tuck as its general manager of corporate services, starting in early 2019. She will be responsible for key corporate functions including legal, people, safety & public affairs.

Chief executive Adrian Littlewood said today the new role would bring together many of the company’s core corporate functions: “Mary-Liz has a strong background in the law as well as considerable commercial & operational experience, making her a great fit for the position.”

She’s held several roles at Fisher & Paykel Appliances Ltd since she joined that company as senior legal counsel in 2011, including operational, customer experience & business excellence management. Most recently, she was the business excellence executive vice-president, which involved leading an organisational transformation programme to deliver important benefits to the business.

“Previously Mary-Liz had been employed as Fisher & Paykel Appliance’s general manager global customer experience, heading a division of 400 employees across New Zealand, Australia, the US & the UK. This followed her roles in the Fisher & Paykel Technologies business setting up their motor operations in China, and acting general counsel, during which time she worked on key projects such as the Haier takeover of Fisher & Paykel as well as a wide range of other corporate finance, consumer, competition & commercial law matters.”

Ms Tuck said she was looking forward to using her considerable commercial experience in her new role: “I am excited to be joining the Auckland Airport team at this important point in its history. It has great plans for the future and I know I will enjoy being part of the team that supports bringing these to life.”

Before joining Fisher & Paykel, Ms Tuck practised as a lawyer for 15 years, including with New Zealand law firm Harmos Horton Lusk Ltd and London-based Freshfields Bruckhaus Deringer. She was involved in many significant commercial & corporate transactions, including the partial IPO of Vector Ltd (acting for Entrust) and the takeovers of Powerco Ltd & Metlifecare Ltd.

5 October 2018:

CBRE appoints structured finance director

Toby Scott.

Real estate consultancy CBRE has appointed Toby Scott as director of debt & structured finance in New Zealand.

Mr Scott, a real estate investment & finance specialist, has been involved in New Zealand’s commercial real estate market for 15 years. He has expertise across all sectors from managing debt portfolios in New Zealand & the UK.

CBRE Wellington managing director Matthew St Amand said Mr Scott’s appointment was an exciting step for the New Zealand business: “Many real estate transactions benefit greatly from the inclusion of a debt specialist. Toby’s excellent reputation in the property industry, combined with his existing relationships with clients, allows CBRE to differentiate ourselves from our competitors.”

CBRE NZ executive chair Brent McGregor said having a fully integrated debt & equity service would provide unparalleled insights into market conditions.

Mr Scott will work closely with CBRE’s Asia Pacific debt & structured finance team, led by Andrew McCasker, to focus on delivery of a broader range of funding solutions for property owners & developers. In Australia, Mr McCasker, previously at National Australia Bank & a mortgage business, joined CBRE last December and has nearly doubled the loan originations undertaken by his team to $A2 billion.

After 10 years as a property & construction finance senior manager at ANZ Banking Group Ltd in Australia & New Zealand, Mr Scott spent 18 months as a real estate senior manager at Al Rayan Bank in London and 2 years as general manager of Anaro Investments Ltd. Anaro, based in Oamaru, was founded in 1995 to meet investment needs of South Island farming families.

Peter Bromley.

CoreLogic appoints Sydneysider to Auckland management role

CoreLogic NZ Ltd has appointed Peter Bromley as NZ executive sales & marketing general manager, based in Auckland. For the last 5 years he’s been CoreLogic’s enterprise & government general manager for small & medium enterprises in Australia & New Zealand. After 7 years at Westpac Banking Corp Ltd in Sydney, where he became state sales manager, he was RAMS Financial Group Pty Ltd’s head of home loans for 5 years, then took on that role for LJ Hooker Ltd for 8 years. He’s also been a director of Athletics Australia for 8 years.

Sydney-based Facebook manager joins Warehouse board

The Warehouse Group Ltd has appointed Facebook’s managing director & vice-president for Australia & New Zealand, Will Easton, as a non-executive director.

Will Easton.

Mr Easton has held that Facebook job twice, and was also managing director of Asia Pacific emerging markets for Facebook, based in Singapore, for 2 years. He joined Facebook in 2013 after 6 years in leadership roles for Google in Sydney & Singapore, finishing as its Asia Pacific head of mobile. He started his career with Coca Cola as a retail sales manager. Mr Easton holds a bachelor of financial services degree from the University of the West of England.

Warehouse Group chair Joan Withers said: “Will is a dynamic leader with a strong track record of driving transformational change across a range of emerging markets & technologies and we are very pleased he is able to support us at what is an important time of transformation at The Warehouse Group.

“Will’s substantial experience in technology will add a valuable skillset to our board, and will complement the experience of existing members.”

Mr Easton will attend his first board meeting on 25 October and stand for election by shareholders at the annual meeting in November.

2 October 2018:

Freeman to replace Townsend at Property Council

Leonie Freeman.

The Property Council has appointed Leonie Freeman to replace Connal Townsend as chief executive, effective from early December.

National president John Dakin said: “We’re delighted that, after an extensive search, both nationally & internationally, we’ve found someone of Leonie’s calibre & expertise.

“Leonie has a unique breadth of insight into New Zealand property. Her deep knowledge of both the commercial & residential sectors stands her in good stead to champion the industry and work constructively with central & local government.

“Strong leadership is what New Zealand’s property industry needs at this point. As someone who has held top positions on both sides of the public & private divide, she has a unique perspective & overview of the issues & challenges facing our industry.”

Ms Freeman said: “Commercial & residential property affect all of our lives. Here in New Zealand there are some big issues facing our property industry. Solving them for the good of all of us will require co-ordinated leadership & vision. I’m excited to be able to lead Property Council at this critical time to help increase New Zealand’s prosperity.”

In 1996, Ms Freeman created the concept of what is now realestate.co.nz, one of the first major commercial property websites launched in New Zealand. She bought & transformed her own residential property management business in 2000, before becoming a strategic property advisor during the establishment of the new Auckland Council, and going on to be general manager of asset development for Housing NZ.

In 2011, she was appointed to the board of the NZX-listed Goodman Property Trust, and recently she’s dedicated her time to leading an independent philanthropic initiative to solve Auckland’s housing crisis, launching thehomepage.nz and hosting the Auckland Housing Forum this year.

Ms Freeman holds an MCom degree, majoring in valuation & property management. She’s a life member of the Property Institute, a chartered member of the Institute of Directors and a member of Global Women. In 2017 she was awarded the Property Institute’s supreme property award, the Property Council Auckland property people judges’ choice award, and was a finalist in the Westpac Women of Influence awards.

Mr Townsend will officially retire on 31 December after serving as the Property Council’s chief executive for almost 15 years.

Got an appointment you want the world to know about? Hit this email tab – [email protected].

Continue Reading

On the move, September 2018

Leighs joins Ryman board
Real Estate Institute gets 2 new independent directors
Harcourts International adds 3 members to board
Young joins council
Equilibrium modellist joins Fed board
Dunphy to leave Precinct
Savills appoints several new brokers to Auckland team
Metro Commercial expands city fringe coverage with new appointment
Young-Cooper returns to Panuku as chair
Bayleys appoints 2 commercial managers in Bay of Plenty & Waikato

On the move is a Bob Dey Property Report column about comings, goings, rises & falls. Contributions are welcome, including photos – email [email protected] with details (of the coming or going) & a jpeg or png image.

24 September 2018:

Leighs joins Ryman board

Anthony Leighs.

Ryman Healthcare Ltd has appointed Leighs Construction Ltd founder Anthony Leighs as an independent director from next Monday, 1 October.

Mr Leighs founded his own construction company in Christchurch in 1995 and expanded into the Auckland commercial market 4 years ago. He’s a member of the Government Building Advisory Panel & the Construction Strategy Group, a former chair of the Registered Master Builders’ Association and former deputy chair of the Building Research Advisory Council.

Ryman chairman Dr David Kerr said: “Anthony brings a deep knowledge of the construction industry to the board table. He’s built his own successful construction company from the ground up, so he understands exactly what it takes to build complicated construction projects safely, on time & within budget.”

Mr Leighs, 47, said of Ryman: “I have enormous admiration for the business, for the services the business provides to older people, the company’s grounded & caring values and the success that has been generated to date.

“Building is an important part of Ryman’s activities and I look forward to contributing to what I am sure will be further success over the coming years.”

Ryman Healthcare has a busy construction division, with 4 new villages under construction and another 12 villages in its development pipeline.

Ryman chief executive Gordon MacLeod said it was good to have Mr Leighs on board as Ryman looked to double its build rate: “We’re already one of the largest residential & healthcare infrastructure builders in New Zealand, and our growth plans require a further lift in our building capacity while maintaining safety & quality.

“We’ve got some really challenging goals to meet, so we are delighted to welcome Anthony to the board. He brings a specific set of governance skills which will support our ever-expanding development & construction operations.’’

21 September 2018:

Real Estate Institute gets 2 new independent directors

The Real Estate Institute has appointed 2 new independent directors – Bridget Coates & Angela Bull – replacing Dame Rosanne Meo & David McConnell, who’ve retired.

Dame Rosanne, chair of the board, said: “We are delighted to have 2 directors who bring so much experience to the boardroom table and I look forward to working with them closely over the coming months, before I depart the institute at the end of November.”

Bridget Coates.

Bridget Coates was made a member of the NZ Order of Merit in 2014 for her services to business. She’s a director of Tegel Group Holdings Ltd, chairs and is chief executive of Kura Nutrition and White Cloud Dairy Innovation Ltd, and is a member of the Auckland University Business School’s advisory board. She completes a term as a director of the Reserve Bank next week and was previously a director of the NZ Superannuation Fund.

Past roles in her extensive business career include being chief executive of Carter Holt Harvey Plastic Products & a director of numerous Carter Holt subsidiaries, director of research for CS First Boston NZ Ltd, inaugural chair of Auckland-based incubator The Icehouse Ltd, a director of NZX-listed SkyCity Entertainment Group Ltd and Fisher & Paykel Appliances Holdings Ltd.

Angela Bull.

She’s been on the board of the NZ/US Beachhead Programme – an NZ Government programme offering strategic advice & mentoring to businesses seeking access to the US market, Industry NZ (now NZ Trade & Enterprise), Committee for Auckland Ltd and Auckland University-owned technology transfer business Auckland Uniservices

Ltd. She has degrees in economics & finance and is a chartered financial analyst.

Angela Bull has been chief executive of property investor Tramco Group Ltd since 2016. Tramco has significant large landholdings, including the Viaduct Harbour precinct. She was property development general manager for Foodstuffs North Island Ltd for 7 years after joining the company as a development executive, following 10 years as a lawyer. Ms Bull is also an independent director & deputy chair of the NZ Institute of Economic Research and is a director of Metro Performance Glass Ltd.

Miriam Dean QC, appointed to the Real Estate Institute board last November, will remain on the board as the third independent director. The institute will name the new chair in November.

Harcourts International adds 3 members to board

Susan Rix.

Global real estate franchise network Harcourts International Ltd has appointed 3 new board members – Susan Rix AM, Tim Keenan & Graham Mirabito, joining Gilbert Enoka, managing director Mike Green, Irene Green & Paul Wright.

Susan Rix is a tax & advisory partner with BDO Australia Ltd in Brisbane and has 35 years’ experience as a chartered accountant & corporate advisor.

She specialises in corporate governance, family councils, succession planning, tax structures & restructuring, and has been on boards in the private, not-for-profit & government sectors across agriculture, rail, ports, infrastructure, disability services & education.

Tim Keenan.

Ms Rix was made a member of the general division of the Order of Australia in 2014 and is a fellow of Chartered Accountants Australia & NZ and of the

Australian Institute of Chartered Accountants.

Tim Keenan is director of Qalibre Ltd, a financial & commercial advisory firm based in Christchurch. He’s practised as a chartered accountant for 25 years and is a member of Chartered Accountants Australia & NZ.

Graham Mirabito.

Graham Mirabito has over 35 years’ experience in the information technology sector, including 10 years in engineering, 5 years sales & marketing and 20 years in operations, mergers, acquisitions & general management.

He was chief executive of RP Data Pty Ltd & CoreLogic Inc in Australia & New Zealand for 11 years, resigning in early 2017, and now manages a personal portfolio of financial & real estate technology investments in the US, Australia, the Middle East & India. Mr Mirabito has an associate diploma in electrical engineering from Queensland University of Technology.

Harcourts has over 900 offices in 10 countries and sold over $35 billion of property in the last year.

19 September 2018:

Cllr Paul Young.

Young joins council

Independent candidate Paul Young took his seat at his first Auckland Council committee meeting yesterday after securing a clear majority when voting closed last Thursday in the by-election to replace Cllr Dick Quax, who died in May.

The official election results will be declared today and Mr Young will be sworn in at the next governing body meeting, on Thursday 27 September.

His company, Paul Young International Ltd, has organised concerts & other entertainment events for 25 years – the next major visit is by pianist Richard Clayderman, who will play in Auckland on 27 October.

Equilibrium modellist joins Fed board

Dr Richard Clarida took the oath of office on Monday as a governor of the US Federal Reserve and as its vice-chair. In April, President Trump announced his intention to nominate Dr Clarida to an unexpired term as a board member, ending on 31 January 2022, and to a 4-year term as vice-chair. The Senate confirmed both appointments on 28 August.

Dr Richard Clarida.

Dr Clarida is a professor of economics & international affairs at Columbia University’s School of International & Public Affairs, and was global strategic advisor for investment manager Pimco (Pacific Investment Management Co LLC) over the last 12 years.

He’s a former US Treasury assistant secretary for economic policy, member of the US Council on Foreign Relations and the US National Bureau of Economic Research.

He’s published numerous articles on monetary policy, exchange rates, interest rates & international capital flows, including the implications for monetary policy of the post-2008 period of low inflation & low interest rates, and introduced the concept of a “new neutral” for Fed monetary policy in 2014, reducing the rate for theoretical stability from 4% to 2%.

Importantly for Fed policy, he’s contributed to DSGE (dynamic stochastic general equilibrium) models.

For an alternative view on that role, check this column by Jim Rickards on Monday:
17 September 2018, Before It’s News: Don’t be fooled by good economic numbers

12 September 2018:

Dunphy to leave Precinct

Davida Dunphy.

Precinct Properties NZ Ltd’s general counsel & company secretary, Davida Dunphy, has resigned and will leave the company at the end of her notice period.

Ms Dunphy joined Precinct in 2014, and will join law firm DLA Piper NZ as special counsel pending completion of the Law Society requirements to practise on her own account. Following that, she will be appointed a partner in DLA Piper’s Auckland real estate practice group.

Precinct chief executive Scott Pritchard said today: “The company & board are disappointed to see Davida go. We thank her for her contribution to Precinct and wish her well with her future endeavours.”

Ms Dunphy said: “I have greatly enjoyed my time at Precinct, in what has been a transformational period for the business, but the time is right to return to private practice and I am excited to be joining DLA Piper.”

She joined Precinct after a short spell as an instructor at the Institute of Professional Legal Studies in Auckland.

Simon Andrews.

Ms Dunphy graduated from Sheffield University in the UK with an LlB (Hons) and gained a post-graduate diploma from De Montfort University in Leicester, before working for international law firm Squire Sanders (ex-Hammonds) for 4 years and Bell Gully in Auckland for 7 years.

Savills appoints 4 new agents

Real estate agency Savills (NZ) Ltd has made 4 new appointments to its Auckland office, in line with its business growth & development strategy.

Scott Worrall.

Simon Andrews & Scott Worrall have joined the South Auckland industrial sales & leasing team led by Paddy Callesen.

Jesh Jaskiewicz & Michelle Kennard have joined the agency team as commercial & industrial brokers, Mr Jaskiewicz focusing on East Tamaki and Ms Kennard on the Southern Corridor [focus corrected].

Mr Andrews was previously with JLL in Melbourne & Auckland. Before that he spent over four years with Bayleys South Auckland, where he was one of the office’s top 10 sales agents.

Jesh Jaskiewicz.

Scott Worrall specialises in the Penrose, Onehunga, Otahuhu & Mount Wellington industrial areas and holds a property degree from Lincoln University. He has joined Savills from Knight Frank.

Jesh Jaskiewicz was a commercial broker at Barfoot & Thompson Commercial.

Michelle Kennard joins Savills from Bayleys and before that Knight Frank, where she was a commercial & industrial broker covering sales & leasing in the office & warehouse sectors.

Tom McAlister, managing director of Savills’ Auckland office, said the appointments reflected the growth of the global real estate company’s Auckland business over the course of 2018.

“Throughout 2018 we have been actively recruiting agents & support staff as we look to grow the business, broaden our coverage of the Auckland commercial real estate market and add new service lines.

Michelle Kennard.

“We’re thrilled to welcome our new brokers to the team, who all bring with them significant experience & connections in their respective areas of specialty.”

Metro Commercial expands city fringe coverage with new appointment

Metro Commercial Ltd has appointed Michaela Mitha to expand its agency coverage into Auckland’s city fringe commercial sales & leasing markets.

Michaela Mitha.

Ms Mitha has 7 years’ property experience in Australia & New Zealand, working on the Gold Coast for several years before returning to Auckland in 2014, initially in property management at Quinovic, and the last 3 years as a commercial broker at Wilson Hurst.

Metro Commercial director Nathan Male said: “Michaela is a recognised experienced agent with extensive knowledge of the city fringe markets, which provides Metro with a logical extension to our existing core cbd coverage. As Metro moves to expand into new sectors, Michaela will add valuable skills, clients & knowledge to our team.”

7 September 2018:

Young-Cooper returns to Panuku as chair

Auckland Council appointed Adrienne Young-Cooper yesterday to chair its urban redevelopment agency, Panuku Development Auckland Ltd, on a 3-year term starting on 1 November. She was a director of the company for its first 4 years after formation of the super-city council in 2010, when it was called Auckland Waterfront Development Agency Ltd, retiring at the end of 2014.

Adrienne Young-Cooper.

The council’s appointments, performance review & value for money committee approved the appointment, welcomed by mayor Phil Goff: “Adrienne is a highly qualified company director who brings 30 years of public sector experience & an in-depth knowledge about Auckland’s housing & growth challenges.

“During her long & distinguished career she has held significant governance & leadership roles in large organisations tasked with delivering major infrastructure projects. Adrienne’s background in urban regeneration, property development & planning will be invaluable to the board and will complement Panuku’s focus on rejuvenating & transforming our city centres while providing sound commercial returns for Aucklanders.”

Ms Young-Cooper chairs Housing New Zealand Corp and is a director of subsidiary company HLC (2017) Ltd (previously Hobsonville Land Co Ltd). She’s also a director of the NZ Transport Agency, Queenstown Airport Corp Ltd, Sealink Travel Group NZ Ltd, Sealink Pine Harbour Ltd, Freightlink Ltd, HR Cement Ltd & Bridgeman Concrete Ltd.

She & David Hill founded Auckland resource management specialist Hill Young-Cooper Ltd in 1995, and she remained a director until 2010.

Ms Young-Cooper has also been deputy chair of the Auckland Regional Transport Authority and a board member of Maritime NZ. She’s a chartered fellow of the Institute of Directors.

2 September 2018:

Bayleys appoints 2 commercial managers in Bay of Plenty & Waikato

Mark Walton.

Bayleys Real Estate has appointed 2 senior managers to strengthen its presence in the Bay of Plenty & Waikato commercial & industrial property markets.

Mark Walton has been appointed commercial sales manager for the Bay of Plenty after 18 years in banking – starting at the National Bank in Tauranga, followed by 4 years as an analyst in London and another 12 years at the ANZ Bank in Tauranga, focusing primarily on commercial banking, most recently as a senior commercial manager.

Simon Anderson, chief executive of Bayleys’ Bay of Plenty & Waikato operations, said: “Mark has extensive experience in working with clients & advisors in structuring deals to get the best outcome. These skills will be put to good use working with our growing team of commercial sales & leasing agents in the Bay of Plenty to assist clients maximise the value of their real estate assets.”

David Cashmore has been appointed commercial manager for Bayleys Waikato. He’s sold over $200 million of property in his 11 years in the industry and was previously one of Bayleys’ top performing Hamilton residential agents.

David Cashmore.

Mr Anderson said Bayleys had bulked up its commercial leadership and sales teams to capitalise on increasing opportunities being opened up by improved infrastructure & business connections in the “golden triangle” between Auckland, Hamilton & Tauranga.

Almost 50% of New Zealand’s gdp is now generated within the Golden Triangle, which includes the country’s 2 largest ports at Tauranga & Auckland. They will link with the multi-billion dollar, 480ha inland port being developed at Ruakura, on the outskirts of Hamilton.

“This high level of economic activity is creating opportunities not only for commercial & industrial property owners in the 3 big cities, but in towns within the triangle as well. They are benefiting from big businesses taking advantage of the much lower occupancy cost of business premises in these regional areas. Improving transport infrastructure such as the ongoing development of the 102km-long Waikato Expressway is also providing better connections with these companies’ customer bases.

“Our Tauranga, Rotorua & Hamilton offices are working closing with Bayleys’ Auckland-based commercial teams to introduce their Auckland clients to opportunities within the Bay of Plenty & Waikato.”

Got an appointment you want the world to know about? Hit this email tab – [email protected].

Continue Reading

On the move, August 2018

Pagano moves from education strategy to Stride as fund manager
Norris completes Fletcher board refresh as he exits
Clark moves from NAI Harcourts to head office role
White Associates makes 2 promotions
Metroglass names Mander as new chief executive
Oyster appoints development manager
Cheryl Macaulay dies
McLauchlan replaces Hunter on Argosy board
Jeremy Brown joins RDT Pacific board
Berry Simons promotes Andrews & Storer

On the move is a Bob Dey Property Report column about comings, goings, rises & falls. Contributions are welcome, including photos – email [email protected] with details (of the coming or going) & a jpeg or png image.

30 August 2018:

Stride Investment Management Ltd has appointed Fabio Pagano to the newly created position of Investore fund manager, part of the Stride executive team, starting in December.

For the last 2 years he’s worked for the NZ Ministry of Education as national growth strategy director & education infrastructure capital works director.

Mr Pagano has 15 years’ experience in retail management, including 5 years with Coles Group in Australia, where he led the property teams in Victoria, South Australia, Tasmania & the Northern Territory. Before that he was the retail group’s development manager.

He was group general manager of Australian retail & commercial fitout company Swell Group for 3 years, and retail & national development manager for Telstra for 4½ years.

The role of Investore Fund Manager has been created by SIML to ensure SIML continues to provide market leading real estate investment management services to Investore Property Limited (Investore), a property fund listed on the NZX with over $730 million of assets as at the latest balance date of 31 March 2018. Investore focusses on investing in large format retail properties, including properties operated by Countdown, Bunnings, Pak‘nSave, Mitre 10 and The Warehouse.

Stride Investment Management chief executive Philip Littlewood said the company expected Mr Pagano’s appointment to bring additional skills & focus to its real estate investment management business.

Norris completes Fletcher board refresh as he exits

Martin Brydon.

Sir Ralph Norris, who hands over the chair at Fletcher Building Ltd on Saturday, announced his final board appointment yesterday – South Australian building products company Adelaide Brighton Ltd’s chief executive & managing director, Martin Brydon, who said in May he’d retire from those roles at the end of this year.

His board appointment starts on Saturday, 1 September, as does Bruce Hassall’s role as chair.

Mr Brydon (63), like the rest of the board, is not a Fletcher executive. He’s the fifth new director appointed since the board refresh began in June. The 4 appointed then were Barbara Chapman, Robert McDonald, Doug McKay & Cathy Quinn. Mr Hassall, appointed to the board on 1 March 2017, was also named as Mr Norris’s successor in June.

Cecilia Tarrant (appointed in 2011) retires on Saturday and Alan Jackson (appointed in 2009) retires at the annual meeting. The 2 longer-standing directors who will still be on the board are Tony Carter (appointed in 2010) & Steve Varmos, of Sydney (appointed in 2015).

Mr Brydon, born in England, raised in Perth, started his career as an indentured electrical engineering cadet with BHP, then moved to sales & marketing, operational & general management, and strategy & business development. In his strategy role, he was closely involved in downstream acquisitions of Adelaide Brighton’s concrete & aggregate and concrete products businesses. He progressed to general management roles with Cockburn Cement Ltd, rising to chief executive there in 1998-99, and joined Adelaide Brighton when it acquired Cockburn in 1999. Adelaide Brighton appointed him as chief executive in May 2014 and as managing director in November 2015.
Commenting on Mr Brydon’s appointment to the Fletcher Building board, Sir Ralph Norris said: “Our new strategy focuses Fletcher Building on the New Zealand & Australian markets, and we believe the addition of a director with such extensive experience in Australia will be a valuable addition to our board.”
Earlier story, 22 June 2018: Hassall to chair Fletcher Building, 4 new directors named

29 August 2018:

Clark moves from NAI Harcourts to head office role

Jodine Clark.

Harcourts Group Ltd has appointed Jodine Clark as group head of property management, after 2 years as

general manager of commercial property management at NAI Harcourts in Takapuna.

Her first job in property management was in Cairns from 1991-94, followed by 3 years in several management roles for Carmichael & Weber in Melbourne. In New Zealand, she joined Barfoot & Thompson in 1998, spent 3 years at Ray White, 5 years at Interactive Property Management, almost 6 years as business development manager for property software company Rockend Technology NZ Ltd, and 4 years as Auckland Property Management Ltd’s business manager before joining NAI Harcourts in 2016.

She sees the Harcourts head office job as a dream role, commenting: “Real estate is in my blood, as both my parents were real estate agents. This is a new challenge to me and to be able to promote property management as a whole is exciting. The ability to educate New Zealand landlords on how important a professional property manager is to their investment plan is something I look forward to fulfilling.”

White Associates makes 2 promotions

Justin Maritz.

Cost consulting & quantity surveying company White Associates Ltd has made 2 internal promotions. Justin Maritz has stepped up from principal to associate director, and specialist quantity surveyor Brett Zeiler has stepped into the principal role.

Director Graham White said the appointments were testament to the calibre of skills & leadership within the company: “Being able to appoint from within speaks volumes for the first-class team we’ve built at White Associates over the last 13 years. Controlling cost has never been more important than it is today. Justin & Brett are 2 of the leading cost consultants in the field and what these appointments do is really strengthen the leadership we offer our clients & the wider team at White Associates.”

Mr Maritz has worked in construction & quantity surveying in South Africa, the UK & New Zealand over the last 20 years. He has been with White Associates since 2013 and has proven pre-contract & post-contract expertise, having worked on a plethora of high profile projects across various sectors, including correctional facilities, education, industrial, retail & residential developments. Mr Maritz’s recent distinguished projects include the Volcano house in Devonport, for which architect Tom Rowe received several awards, along with the $78 million expansion of the Botany town centre pavilions.

Mr Maritz said: “For me this promotion is a confirmation that I’m on the right track and it’s a real honour to have that recognition.  I have been with White Associates for a while now and I’m almost a part of the furniture. So it’s very exciting to steer the organisation forward for the management team and the board,” he says.

Brett Zeiler.

Mr Zeiler joined White Associates in January 2017 and has established a reputation for offering expert advice to clients and mitigating risk. He has over 10 years’ experience in construction, cost consultancy & quantity surveying.

He commented: “White Associates look to promote from within, and it enables a lot of exciting career opportunities with the organisation. I was originally working as a contractor and this was my first role within a quantity surveyor company. My new role opens up new doors for my career in quantity surveying, people management & leadership. It’s awesome to get this sort of recognition from White Associates.”

Mr Zeiler’s recent notable projects include the $100 million upgrade to Tauranga’s Bayfair mall & the Mt Eden Correctional Facility redevelopment.

24 August 2018:

Metroglass names Mander as new chief executive

Metro Performance Glass Ltd has appointed Simon Mander as chief executive, starting in January. He will replace Nigel Rigby, who resigned in December 2017 and left in March.

Metroglass chair Peter Griffiths said yesterday: “Simon is an experienced & inclusive people leader, who brings a strong track record in the New Zealand manufacturing & building material sectors.

“He is passionate about the opportunities ahead for Metroglass and brings a broad range of skills & experience that is relevant to the company’s continued focus as a customer-dedicated organisation, delivering market-differentiated glass products & glazing services to the New Zealand & south‐east Australian markets.”

Mr Mander has been chief executive at Tru-Test Corp Ltd for just under a year, one of 3 short appointments since January 2016, when he left Rapak Asia Pacific after 11 years as managing director. He was general manager of transformation at Fletcher Building Ltd’s building products division for the next 8 months, then headed Fletcher subsidiary Firth Industries Ltd’s masonry, dricon & CSP Pacific businesses for a year.

After 6 years as an aircraft engineer for Air NZ Ltd, Mr Mander graduated with an engineering degree from Auckland University and held a number of roles at McKinsey & Co, Lion Nathan, Partners in Performance, Carter Holt Harvey Ltd & Wellington Drive Technologies Ltd.

He also represented New Zealand in yachting on a number of occasions, including in the International 470 class at the 1988 Olympic Games.

16 August 2018:

Oyster appoints development manager

Mark Hitchcock.

Oyster Property Group Ltd has appointed Mark Hitchcock as development manager as it continues to expand its property team.

Mr Hitchcock has 13 years’ national & international experience in property & business development, project delivery, commercial property management & leasing.

Most recently, he was principal property specialist for Auckland Transport, where he established a portfolio-wide retail strategy & implementation programme, which included redeveloping Devonport Wharf and delivering the new Manukau Bus Station retail.

Before Auckland Transport, Mr Hitchcock was principal commercial development manager for Transport for London, where he led strategic commercial property development programmes predominantly across the London Underground portfolio, as well as embedding commercial property outcomes into Crossrail Station designs.

Before going to London, he graduated from Auckland University with a BProp degree and was a sales & leasing agent at Colliers in Auckland for 2½ years.

His key focus at Oyster will involve identifying & executing value-add & redevelopment opportunities across the Oyster portfolio.

10 August 2018:

Cheryl Macaulay dies

Cheryl Macaulay.

Highly successful property syndicator Cheryl Macaulay died last Saturday after failing to fight off cancer. Her funeral will be held in Northcote this afternoon (1pm).

Mrs Macaulay launched her first property syndication business, Cheryl Macaulay Properties Ltd (later Commercial Investment Properties Ltd), from Timaru in 2003 but moved to Auckland in 2011. She joined forces in 2012 with KCL Property Ltd, which Bryce Barnett had been running since 1993, with offices in New Plymouth & Auckland.

They combined portfolios totalling 160 properties in New Zealand & Brisbane worth $800 million. In 2014, they sold KCL to Augusta Capital Ltd, where Mr Barnett is a director, but in 2015 Ms Macaulay branched out on her own again, incorporating a new syndication company, Silverfin Capital Ltd. She also chaired Auckland Adventure Jet Ltd for the last 8 years.
Earlier stories:
23 March 2014: Augusta confirms KCL takeover, Bayleys secures long-term contract
25 May 2012: Property syndicators Barnett & Macaulay join forces

McLauchlan replaces Hunter on Argosy board

Stuart McLauchlan.

Argosy Property Ltd has appointed Stuart McLauchlan as an independent director with effect from Wednesday 6 August, replacing Chris Hunter, who didn’t stand for re-election at the company’s annual meeting on Monday.

Mr McLauchlan owns Dunedin business advisory & accountancy firm GS McLauchlan & Co Ltd and has a wide spread of company directorships, including AD Instruments Pty Ltd, Dunedin Casinos Ltd, Dunedin International Airport Ltd, Ngai Tahu Tourism Ltd & Scenic Circle Hotels Ltd. He chairs the NZ Sports Hall of Fame, Pharmac Ltd, Scott Technology Ltd & UDC Finance Ltd, and is a member of the Otago-Southland branch of the Institute of Directors.

Chris Hunter.

Mr Hunter, who was on the Argosy board for 5 years, has a majority interest in NZ Strong Construction Ltd & related companies after buying the business from Shane Brealey in 2014. Last year, Mr Hunter added NZ Strong Construction & Development Ltd to the portfolio. He left Hawkins Construction Ltd in 2012 after nearly a decade with the company, finishing as chief executive. That followed a decade at Mainzeal Construction.

Jeremy Brown joins RDT Pacific board

Jeremy Brown.

Project management & quantity surveying firm RDT Pacific Ltd has appointed Jeremy Brown as a director. He has over 35 years of project management experience and joined RDT Pacific as an associate director in 2014.

Mr Brown has experience in all aspects of project & commercial management in New Zealand & the UK and has held a range of senior management positions at Canary Wharf Group, Mace Group, Arup Project Management & Beca.

6 August 2018:

Berry Simons promotes Andrews & Storer

Specialist environmental law firm Berry Simons has promoted senior environmental lawyer Helen Andrews to partner and Kate Storer to senior associate.

Helen Andrews.

Founding partner Sue Simons announced the appointments at an Environmental Defence Society dinner the firm sponsored.

The other founding partner, Simon Berry, said: “Not only has Helen done excellent work on a range of projects, she plays an extremely important role in organising our in-house training and mentoring & supervising our junior staff.”

After graduating from Auckland University with a conjoint degree in law (honours) & arts (majoring in geography), Ms Andrews completed her professional studies at the Institute of Professional Legal Studies in Auckland in 1999. She was a solicitor at Chapman Tripp, solicitor & senior associate at Minter Ellison & senior associate at Chancery Green before joining Berry Simons in 2015, and has been involved in a wide range of large & complex projects, including the Auranga development, the first private plan change to be approved under the Auckland unitary plan. She‘s recently been working closely with the Environmental Defence Society on Resource Management reform, including co-presenting a workshop with the society.

Kate Storer.

Kate Storer has been at Berry Simons for 5 years, following 5 years as a senior researcher & inhouse lawyer at the Environmental Defence Society, where she remains a director, and 3 years as a civil litigation lawyer at Grimshaw & Co.

After completing a law degree (with honours) at Bristol University, she worked in private practice & for an environmental not-for-profit think tank. She also holds a first class master’s degree in public law from Auckland University.

Ms Simons commented: “Kate’s progress as a practitioner has been exponential over the last couple of years. She has exceptional legal & writing skills and has developed the strategic thinking & commercial acumen that has made her a fully rounded environmental law practitioner.”

Ms Storer has been involved in a wide range of work since joining Berry Simons, including a number of major greenfields developments, special housing areas, plan changes, and commercial, residential & mixed-use developments.

Got an appointment you want the world to know about? Hit this email tab – [email protected].

Continue Reading

On the move, July 2018

Strange to replace van der Heyden in Auckland Airport chair
Steel & Tube restructures management after Pickworth moves on
Opteon expands NZ government services team
Lindsey to join Augusta as chief operating officer
Fletcher Building announces changes to its executive team

Richter moves to Marsden Maritime next month
3 new board members for Housing NZ
English joins Bolger on salmon company board
Xigo appoints 2 new directors
Metro Glass appoints 2 regional managers
Weenink to leave Auckland Airport

On the move is a Bob Dey Property Report column about comings, goings, rises & falls. Contributions are welcome, including photos – email [email protected] with details (of the coming or going) & a jpeg or png image.

30 July 2018: 

Strange to replace van der Heyden in Auckland Airport chair

Dr Patrick Strange.

Auckland International Airport Ltd appointed Dr Patrick Strange last Wednesday to succeed Sir Henry van der Heyden as chair, effective 31 October. Sir Henry will retire at the next annual meeting after 5 years as chair & 9 years on the board.

Dr Strange joined the Auckland Airport board in 2015. He has extensive governance experience, particularly within the infrastructure & electricity sectors, chairs Chorus Ltd and is a director of Mercury NZ Ltd, NZX Ltd & Essential Energy Ltd.

He graduated from Auckland University in 1972 with a bachelor of engineering degree, followed that with a PhD in engineering in 1977, and in 2014 the Institution of Professional Engineers (IPENZ, now Engineering NZ) made him a distinguished fellow.

After graduating, Dr Strange worked in senior management roles in Europe & North America over the next 13 years, returning to New Zealand in 1991 as power generation general manager for Fletcher Challenge Ltd’s energy business.

He joined Mercury Energy NZ Ltd in 1997 with responsibility for strategy & acquisitions, headed the company’s response to the 1998 Auckland power crisis and was appointed chief executive in 1998. For the next 4½ years he built the network unit into a successful standalone business as Vector Ltd, New Zealand’s largest electricity distribution company. He was chief executive of transmission owner & operator Transpower Ltd for 6 years, retiring in 2014, and has been an independent director since then.

Steel & Tube restructures management after Pickworth moves on

Ross Pickworth.

Steel & Tube Holdings Ltd’s infrastructure general manager, Ross Pickworth, has resigned to further develop his governance career. He’ll finish with the company this Tuesday, 31 August. Mr Pickworth has been asked to consider a number of company directorships.

Steel & Tube chief executive Mark Malpass said: “Ross has been a valued leader of the company’s processing & construction-related businesses and was actively involved in the turnaround of the reinforcing business.”

Mr Malpass said that, following Mr Pickworth’s resignation and taking into account the earlier decision to exit S&T Plastics, the company had decided not to fill the role of infrastructure division general manager but, instead, to appoint 2 business general managers who will report directly to the chief executive.

The company has appointed roll forming national manager Steve Kubala as roll forming general manager and is looking to fill the new role of reinforcing & construction general manager.

Mr Pickworth graduated from Canterbury University in 1987 with a BE (honours) in electrical & electronic engineering, and graduated with an MBA (distinction) from Massey University in 1996. He took the Institute of Directors’ company directors course in 2009 and chaired the institute’s board programme in 2015.

He was Waitaki Power Ltd’s commercial manager for 3 years, Dunedin City Council company Delta Utility Services Ltd’s contract services manager for 9 years and Holcim NZ Ltd’s cement general manager for 9 years before joining Steel & Tube at the end of 2016. By then he’d already taken on his first board role, as a director of Oamaru-based Whitestone Contracting Ltd.

18 July 2018: 

Opteon expands NZ government services team

Richard Kolff.

Australian property valuation & advisory services company Opteon Group Holdings Ltd has made 2 appointments to its government services team in New Zealand, Richard Kolff as commercial director and Jonathan Hollows as residential director.

Both have moved from Quotable Value Ltd and complete the government services management team in New Zealand, joining government services director Carlene Creighton & rural director Mark Grinlinton.

Mr Kolff is a registered valuer with 16 years of ratings valuation experience in both New Zealand & Australia. Working out of Opteon in Nelson, he will lead all commercial valuations work for the council contracts the company manages throughout New Zealand and be responsible for training all valuers in commercial valuations.

Mr Hollows is a registered valuer with 20 years of valuation experience in New Zealand & Australia. He will be based in Tauranga and will lead the training for teams’ residentials valuations. He will also head all residential valuations work for Opteon’s council contracts around the country.

Opteon bought Tauranga-based Landmass Technology Ltd in 2015, changing its name to Opteon Technologies Ltd last year, completed its acquisition of Auckland-based Sheldon & Partners Ltd last September after buying into the business in June, and in February it opened in Queenstown.

Opteon’s head of government services for Australia & New Zealand, Phil Western, said the company was committed to providing high quality valuation services to the public sector in New Zealand and had ambitious growth plans: “This year, we have significantly expanded our team to ensure we can continue delivering specialised, quality property services and fully leverage our public sector property expertise to provide better solutions to our government clients. We’re also making sure we are appropriately structured for future growth opportunities.”

Lindsey to join Augusta as chief operating officer

Augusta Capital Ltd has appointed Joel Lindsey as chief operating officer, starting next week and replacing Guy French-Wright, who is returning to Australia to lead Augusta’s partnership & investment opportunities there. Mr French-Wright will also continue to be a director of the Augusta Industrial Fund.

Augusta managing director Mark Francis welcomed the depth of experience in real estate investment management in both New Zealand & the UK that Mr Lindsey brought after working in London for 11 years.

He worked at Aviva Investors Global Services Ltd in London, rising from analyst to fund manager and ultimately to real estate senior director. In that position, he was responsible for management of the £4 billion Aviva Life & Pensions real estate investment portfolio, which was the UK’s largest unlisted property investment fund at the time.

On his return to New Zealand in 2014, Mr Lindsey joined Auckland Council urban regeneration agency Panuku Development Auckland, first as portfolio strategy manager, then capital partnering director, and most recently as the head of business development & project director. He started his career at Trust Investments Management Ltd in Auckland in the late 1990s.

Fletcher Building announces changes to its executive team

Michele Kernahan.

Fletcher Building Ltd announced 2 changes to its executive team on Monday, both effective in November. Construction division chief executive Michele Kernahan will move into the role of building products chief executive and KiwiRail chief executive Peter Reidy will take her place in construction.

Peter Reidy.

David Thomas, who’s been interim building products chief executive, will return to his role as general manager of Winstone Wallboards once the other appointments are effective.

Mr Reidy has been KiwiRail’s chief executive since February 2014 after 8 years with the Downer Group in a variety of senior roles in New Zealand, Singapore & Australia, including chief strategy & growth officer and infrastructure services chief operating officer over the last 5 years.

Fletcher Building chief executive Ross Taylor said: “Our new strategy clearly defines our ambition to grow our core operations in building products, and Michele is ideally placed to lead this, bringing with her significant experience in the sector through her prior general manager roles with Golden Bay Cement & Laminex Australia.

“We are also pleased to have David resuming his leadership of Winstone Wallboards and, in particular, focusing on delivering Fletcher Building’s major capital investment project into a new Auckland-based plasterboard manufacturing facility.

“At the same time we remain focused on stabilising our construction division and, in particular, increasing our focus on lower risk, more profitable sectors such as infrastructure & roading. Peter has a strong track record of leading infrastructure businesses, including in his current role at KiwiRail and previously as infrastructure services chief operating officer with Downer Group in Australia.”

Richter moves to Marsden Maritime next month

Felix Richter.

Marsden Maritime Holdings Ltd has appointed Felix Richter as chief executive, replacing Graham Wallace, who resigned in March after 6 years in the job. Mr Wallace was also finance manager at Northland Port Corp (NZ) Ltd for 10 years.

Mr Richter has spent 17 years in management, leadership & civil engineering roles in New Zealand & internationally, starting as a project engineer for Hochtief AG. He joined MWH (NZ) Ltd in Whangarei as a project manager in 2006, moving to Opus International Consultants Ltd in 2008. He worked for Opus in Queensland for 3 years before returning to Whangarei in 2014 as Opus’s civil & structural manager.

Mr Richter led a number of civil projects in Northland for industry & local government, while also contributing to business development & management. He’ll start at Marsden Maritime in August.

He’s a chartered professional engineer, holding a bachelor of engineering with honours in civil engineering from the Dresden University of Technology, and is also a certified project management professional.

Marsden Maritime chair Sir John Goulter said: “We’re delighted to welcome Felix to the company, bringing as he does a wealth of experience across the fields of engineering, commercial construction & project management, and environmental compliance. At this stage in Marsden Maritime’s growth, where we are experiencing a very strong level of inquiry about business development at Marsden Point, these attributes are an excellent match, both now & for the future.”

16 July 2018: 

3 new board members for Housing NZ

Minister of Housing & Urban Development Phil Twyford has appointed 3 new members of the board of Housing NZ, including the first state house tenant to be on its board since the corporation was created in 2001.

Mr Twyford said: “I want Housing NZ to be a world-class public housing landlord that better meets the needs of families who live in state houses. I believe that the appointments of Leigh Auton, Dr Huhana Hickey & Professor Philippa Howden-Chapman will help provide the direction that we need to make this happen.”

Dr Huhana Hickey.

Huhana Hickey has recently completed a post-doctoral research fellowship at the Auckland University of Technology (AUT). She’s a panel member of the Human Rights Review Tribunal and received her PhD in laws & social sciences in 2008.

Dr Hickey is a community & disability activist and is or has been on the boards of a wide number of non-government organisations & community groups.  She’s a tenant of Housing NZ and will be the first member to bring that perspective to the board since Housing NZ was created in its present form. “That will be valuable to Housing NZ as it changes to be a tenant-focused organisation,” Mr Twyford said.

Leigh Auton.

Leigh Auton was the chief executive of Manukau City Council until the formation of the new Auckland Council in 2010. He’s a trustee of Sistema Aotearoa, the Auckland Philharmonic Orchestra, Habitat for Humanity, Greater Auckland & Teach First NZ, and chairs the Pulman Park Trust & the Papakura Kootuitui Trust.

Mr Twyford said: “Mr Auton has extensive governance experience & an understanding & empathy with Housing NZ’s tenant base & the many & varied issues they face. He has a thorough understanding of how large organisations work and the systems & processes required to deliver operationally.”

Professor Philippa Howden-Chapman.

Professor Philippa Howden-Chapman is a professor at the Otago University Medical School who specialises in public health, with a particular focus on housing, energy, climate change & sustainable cities. She’s a winner of the Prime Minister’s Science Prize.

Professor Howden-Chapman was a member of the Independent Housing Stocktake Group and is a member of the Ministerial Advisory Group on Housing & Urban Development.

Mr Twyford said her experience in conducting research with & on Housing NZ over nearly 2 decades would enable her to make a significant contribution to the board.

These appointments follow the recent appointment of Vui Mark Gosche as deputy chair of the board.

10 July 2018: 

English joins Bolger on salmon company board

Mt Cook Alpine Salmon Ltd will have 2 former prime ministers on its board come August, Jim Bolger as chair and Sir Bill English as a new director.

Mr Bolger, prime minister 1990-97, said of Mr English, prime minister for the 11 months leading up to the election last October: “His recent retirement from politics gives him the opportunity to apply his talents & unquestionable belief in New Zealand, helping a fast-growing company like ours realise its potential for the benefit of shareholders & NZ Inc.”

And Sir Bill commented: “I am looking forward to joining a southern company producing a world-class product that is doing extremely well in high value export markets, and I hope to contribute to its ongoing success.”

Xigo appoints 2 new directors

Andrew McDonald.

Xigo Ltd – project manager for projects in the health, education, local government, infrastructure & commercial property sectors – has appointed 2 new directors, Andrew McDonald in Auckland & John Pengelly in Wellington, which the company said signalled exciting times in its growth & succession planning.

Mr McDonald joined Xigo in 2013 as a senior project manager and became an associate in 2014. Over the previous 6 years she was a senior project manager for EC Harris in Dubai and JLL in Auckland, and for the 7 years before that was an IT project manager for Certus Solutions Ltd & project manager for Opus International Consultants Ltd.

John Pengelly.

Mr Pengelly’s Xigo career started a month after Mr MacDonald’s, in February 2013, initially as Christchurch & Wellington manager focusing on Christchurch post the earthquakes. A construction professional with over 25 years’ experience in New Zealand & the UK, he has hands-on experience in the delivery of largescale design-build projects and is strong in the project definition & strategic phases linking clients’ business metrics to project outcomes.  His notable projects include Xero’s head office, the redevelopment of the entry & ground floor of the Beehive, and currently the NZ Defence Force headquarters and the redevelopment of Wakefield Hospital campus.

2 July 2018:

Metro Glass appoints 2 regional managers

Metro Performance Glass Ltd has appointed Andrew Dallison as South Island general manager and Angus Wilson as general manager for New South Wales. Mr Dallison will also join the company’s senior leadership team.

Andrew Dallison.

Chief financial officer John Fraser-Mackenzie said: “We are pleased to have 2 senior leaders each with more than 20 years’ experience in the manufacturing sector joining the group. These appointments are in line with our strategy of developing our organisational capabilities in order to improve execution.”

Andrew Dallison has held senior sales, technical, operational & general management roles in the packaging & chemical industries. His most recent role was leading the packaging division of The Industrial Group based in Saudi Arabia. He has an MBA from Deakin University and a BSc from Canterbury University.

Angus Wilson has worked at Visy Board in Australia for 20 years, covering quality assurance, technical, operational, sales & general management roles. Most recently he was the national general manager of the corrugated carton products division. He has a bachelor of applied science degree from Western Sydney University.

Weenink to leave Auckland Airport

Scott Weenink.

Auckland International Airport Ltd’s general counsel & company secretary, Scott Weenink, has resigned and will leave the company at the end of his notice period.

Mr Weenink was also a director of North Queensland Airports Ltd & Tainui Auckland Airport Hotel GP, which owns the Novotel Auckland Airport and will shortly start construction of the Pullman Hotel at Auckland Airport.

Mr Weenink joined Auckland Airport in February 2016 and is joining global enterprise messaging provider Modica Group Ltd as an executive director & chief commercial officer. He’s been a non-executive director of the group since mid-2016.

He said of his decision to move: “I have enjoyed my time at Auckland Airport, but the time is right to join Modica Group full-time and also to spend time on other investments & directorships.”

Got an appointment you want the world to know about? Hit this email tab – [email protected].

Continue Reading

On the move, June 2018

New managing director, plus 2 Knight Frank recruits, for Savills
John Bullen dies
Rider Levett Bucknall appoints new Oceania chair
Gosche named Housing NZ deputy chair
Whineray confirmed in top role at Super Fund 
Westfield executive to head Kiwi Property
2 new associates at Rider Levett Bucknall
Church returns to JLL
Brunton made partner at DLA Piper
Townsend retires from Property Council at year end

On the move is a Bob Dey Property Report column about comings, goings, rises & falls. Contributions are welcome, including photos – email [email protected] with details (of the coming or going) & a jpeg or png image.

Thomas McAlister.

27 June 2018:

New managing director, plus 2 Knight Frank recruits, for Savills

Commercial real estate agency Savills (NZ) Ltd has made several key appointments to its Auckland office in line with its business growth & development strategy. It’s appointed Thomas McAlister as managing director, charged with spearheading business growth, recruitment & the addition of new service lines.

David Arlidge.

Mr McAlister has relocated to Auckland from Savills in Hong Kong, where he was a divisional head & board member. There, he focused primarily on residential development & cross-border investment, establishing Savills as a leading performer in those areas and overseeing sales in excess of $US1 billion.

Damon Wyllie.

Meanwhile, David Arlidge and Damon Wyllie have left Knight Frank – after the decision of owners Layne Harwood & Linda Coleman to sell the agency to Bayleys – to join Savills’ Auckland industrial sales & leasing team, headed by Paddy Callesen.

Mr Arlidge moved from CB Richard Ellis at the start of 2016 to join Knight Frank as industrial director. He & Mr Wyllie have long experience in the South Auckland industrial market. That team is set to grow further, with more new hires in progress.

23 June 2018:

John Bullen dies

John Bullen.

John Bullen, general manager of the Bledisloe Estate Trust for 23 years until 2014, died in Wellington of leukemia on Tuesday, aged 62.

His previous jobs included being construction manager for Bexley Developments Ltd for 8 years in the 1980s. He was president of the NZ Institute of Building and, in 2005, was presented with his own award as convenor of judges for the institute’s young achiever award, receiving the NZIOB Medal. He was already a fellow of the institute, and by then had been a national councillor for 8 years, northern chapter president & awards organiser. He won northern chapter honours in 1995 & 2001. “I got involved in the NZIOB many years ago to upskill a little bit,” he told me.

Apart from being a person I wrote about and discussed construction issues with, John Bullen became “Coach” for me the year he had the misfortune of captaining a team with me as a maximum handicap at Creative Spaces’ annual Ambrose golf day. A couple of quiet instructions from John got me believing I could actually perform positively at a sport I otherwise didn’t play, and he was always a person I looked forward to seeing.

He’s been privately cremated. A memorial service will be held in Auckland at a date & venue to be advised.

21 June 2018:

Rider Levett Bucknall appoints new Oceania chair

Ewen McDonald.

International cost consultancy Rider Levett Bucknall has appointed Victoria director & executive committee member Ewen McDonald to chair its Oceania board, and to sit on the global board.

Mr McDonald will be RLB’s fourth Oceania chair since the global practice was formed in June 2007. In Australia & New Zealand, the practice was previously known as Rider Hunt. Its partners in the global practice are Levett & Bailey (Asia) and Bucknall Austin (Europe). Combined, they have expanded their work into the Americas & the Middle East.

Mr McDonald joined RLB in Melbourne in 1981 as a cadet quantity surveyor and has gone on to provide quantity surveying services for many high ­profile projects in retail, mixed use & high density residential developments. He became an associate in 1994 and was appointed director in 1998. He was appointed to the Oceania executive committee in 2014 and has chaired its ICT committee for over 10 years.

20 June 2018:

Gosche named Housing NZ deputy chair

Mark Gosche (Photo: Samoan Bios).

Housing & Urban Development Minister Phil Twyford announced yesterday that Mark Gosche had been appointed deputy chair of the Housing NZ board.

Mr Twyford said Mr Gosche had the right skills, as a former Cabinet minister with years of leadership experience.

“Since retiring in 2008 after 12 years at Parliament – where he held several Cabinet posts, including minister of housing – Mark Gosche has served on numerous not-for-profit, community & trust boards.

“He has also been the chief executive of Pacifica health & social services provider Vaka Tautua since 2014, and was recently appointed chair of Counties Manukau District Health Board.

“Mark Gosche will bring an in-depth understanding of the needs of Housing NZ’s tenants and invaluable knowledge to help it achieve the Government’s aim of building 6400 new public houses [as in publicly owned] in the next 4 years, of which at least 4000 will be new state houses.

“Mark Gosche has been appointed as deputy chair for a first term of 3 years. Previous deputy chair John Duncan will continue to serve as a member of the board.”

Adrienne Young-Cooper has been reappointed as board chair until 31 May 2019. John Duncan was reappointed as a board member until 30 June 2021 and Michael Schur was reappointed as a board member until 30 June 2020.

19 June 2018:

Whineray confirmed in top role at Super Fund 

Matt Whineray.

Matt Whineray will become chief executive of the NZ Super Fund on 1 July after holding the job in an acting capacity since March, when Adrian Orr left the fund to become governor of the Reserve Bank.

The board of the Guardians of NZ Superannuation, the Crown entity that invests the $38 billion Super Fund, announced Mr Whineray’s appointment today.

Despite glowing praise from Guardians chair Catherine Savage for Mr Whineray’s performance in his 10 years at the fund, he had to wait for a global search firm to be appointed and then for its search to be completed.

Ms Savage commented: “Mr Whineray was the standout candidate amongst a high quality field of international applicants. He has been instrumental in the Guardians’ successes over the last decade and is recognised globally as a leader in institutional investment. The board has the utmost confidence in his leadership ability, intelligence & integrity.”

Mr Whineray joined the fund in 2008 as private markets general manager. Since 2014 he’s been chief investment officer, responsible for the fund’s investment activity in listed & unlisted markets, both directly & through investment managers.

He began his career as a lawyer at Russell McVeagh in Auckland, was a managing director at First NZ Capital Ltd in New Zealand, a vice-president at Credit Suisse First Boston in New York, and head of financial sponsor coverage for non-Japan Asia at Credit Suisse (Hong Kong).

13 June 2018:

Westfield executive to head Kiwi Property

Clive Mackenzie.

Kiwi Property Group Ltd has appointed longtime Westfield executive Clive Mackenzie to replace Chris Gudgeon as chief executive, effective 16 July. Mr Gudgeon announced his intention to leave last July.

Mr Mackenzie was Westfield’s leasing general manager in New Zealand, and later development manager, from 2002 until he moved to the US in 2011 as the group’s senior vice-president for development on the east coast, based in Washington DC.

Kiwi chair Mark Ford said the board looked forward to working with Mr Mackenzie “on the creation & implementation of transformational strategies to evolve & strengthen Kiwi Property Group and to lead the group into a new phase of growth & opportunity”.

Mr Gudgeon has led the business since 2008. Mr Ford said: “Under Chris’ leadership we have both significantly improved the quality of our investment portfolio and positioned it for future performance.” His last day as chief executive will be Friday 13 July.

2 new associates at Rider Levett Bucknall

May Killinge.

Construction services consultancy Rider Levett Bucknall has appointed 2 new associates to its senior management team in Auckland, May Killinge & Ed Cook.

May Killinge joined the company in 2000. She has over 35 years’ experience as a quantity surveyor in New Zealand & overseas, in a wide variety of construction & engineering sectors including health, commercial, education, institutional, residential, retail, hospitality, convention & exhibition.

She has delivered best practice solutions for a range of key projects, including the NZ International Convention Centre, Hobson St Hotel & projects at SkyCity in Auckland.

Ed Cook.

Ed Cook has been a consultant quantity surveyor for 10 years, including 2 years delivering major infrastructure projects in Russia, and joined Rider Levett Bucknall in 2017.

His particular strength has been in the preconstruction phase in a range of sectors.

His clients have included Watercare, the NZ Transport Agency, many district health boards, Auckland Council & Panuku Development Auckland, Waikato University and many projects for Auckland International Airport.

Church returns to JLL

John Church.

Real estate consultancy JLL NZ has appointed John Church as national head of market strategy following key leadership changes in the business, notably the return of Todd Lauchlan to Auckland in March from Indonesia, where he was JLL’s country head since 2010, to take over from Nick Hargreaves as the agency’s New Zealand managing director.

JLL said it was “embarking on a significant business growth & development phase, and John’s role as head of market strategy provides key strategic & leadership input across the business at this exciting time”.

Mr Church moved briefly to Chow Group Ltd in February as its chief operating officer before taking up the JLL role last month. He was Bayleys’ commercial real estate national director for the last 6 years, after 6 years as national leasing manager for JLL. Before that, he was managing director of Christchurch commercial property services business Thompson Wentworth Ltd, executive director of Telco Asset Management Ltd in New Zealand and general manager of Telco Asset Management (Australia) Pty Ltd.

He has a BCom in valuation & property management from Lincoln University, is a fellow of the Property Institute, a member of the Institute of Directors and an associate of the Real Estate Institute.

5 June 2018:

Brunton made partner at DLA Piper

Heath Brunton.

Law firm DLA Piper has appointed Heath Brunton as a partner in its Auckland real estate team.

Mr Brunton has top-level local & international experience in large integrated housing development, property investment & transacting. He says intensification will mean a shift towards more mixed-use schemes including apartments, retail, offices & hotels – a departure from a decade ago which will bring a new era of opportunities & challenges for developers, investors & occupiers.

He has advised locally & overseas on how best to undertake urban regeneration and affordable & social housing, including the most suitable legal structures. “PPPs (public-private partnerships) have typically been trialled for these developments initially, but joint ventures tend to be favoured. They’re simpler, allocate risk & reward more fairly and are more flexible for the inevitable cyclical nature of the property market.”

Mr Brunton has also advised on design-build leasing arrangements for large commercial, retail & industrial buildings.

1 June 2018:

Connal Townsend.

Townsend retires from Property Council at year end

Property Council chief executive Connal Townsend announced his retirement yesterday, effective 31 December. He’ll return as a part-time consultant through the handover to a new chief executive.

He’s been the council’s chief executive for 15 years, growing it from a team of 4 in Auckland to a team of 23 around the country.

His focus was on advocacy, which included promoting the establishment of the Green Building Council in 2006, advising on the creation of Auckland’s super-city council which replaced 7 territorial councils & the Auckland Regional Council in 2010, advocating on the Government’s policy on earthquake-prone buildings in 2012 and on Auckland Council’s unitary plan in 2014.

Got an appointment you want the world to know about? Hit this email tab – [email protected].

Continue Reading

Hassall to chair Fletcher Building, 4 new directors named

Fletcher Building Ltd will have a new chair & 4 new directors on 1 September. 2 directors will retire.

Sir Ralph Norris will step down as chair, replaced by Bruce Hassall (pictured at right), who was appointed as an independent director on 1 March 2017.

The 4 new directors, all independent, are Barbara Chapman, Robert McDonald, Doug McKay & Cathy Quinn. The company also intends to appoint an extra Australian director.

2 directors will retire – Alan Jackson by rotation at the annual meeting, after 9 years, and Cecilia Tarrant on 1 September, after 7 years, to allow an additional director to be appointed to the board as it oversees the implementation of the new Fletcher Building strategy.

Sir Ralph said the appointments would strengthen the board’s expertise & diversity.

Expertise is an important factor, because it was the lack of board expertise in the construction sector that was most notable in the collapse of the company’s vertical construction performance. The company is exiting that part of its business – 4 projects left to complete.

Sir Ralph said today: “While our original intention was to seek a director with construction experience, with our appointment [as chief executive] of Ross Taylor, who has considerable expertise in this area, our decision to exit the vertical construction sector and a new strategy in place, we believe the appointments we have made will best support the company’s new strategic direction.”

Mr Hassall has extensive experience across both public & private sectors. He was chief executive & senior partner at accountancy firm PricewaterhouseCoopers NZ. He will relinquish his role as chair of the audit & risk committee.

The new directors:

Barbara Chapman.

Barbara Chapman, BCom: Ms Chapman retired after 7 years as managing director & chief executive of ASB Bank Ltd, and previously as group executive human resources & group services for the Commonwealth Bank of Australia. Barbara recently joined the boards of Genesis Energy Ltd & NZME Ltd as an independent director.

She began her career with the Commonwealth Bank Group in 1994 and has held senior executive roles responsible for marketing, communications, human resources, retail banking & executive leadership in New Zealand & Australia.

She has also chaired Oxfam NZ and been a director of Oxfam International, was an inaugural trustee of the NZ Equal Employment Opportunities Trust and chaired it for several years and is an inaugural member of the “25 Percent Group”, which aims to increase diversity at senior management levels & within New Zealand boardrooms.

Rob McDonald.

Rob McDonald, BCom, FCA: Mr McDonald retired as Air NZ Ltd’s chief financial officer at the end of 2017 after 24 years with the airline. He was appointed group financial planning manager in 1993, group treasurer in 1995 and chief financial officer in 2004.

He’s an independent director of Contact Energy Ltd and will take over the chair there on 1 September. He’s a director of Chartered Accountants of Australia & NZ and will chair Fletcher Building’s audit & risk committee.

Doug McKay.

Doug McKay, BA, ONZM, CMinstD: Mr McKay was the first chief executive of the new Auckland Council in 2010, on a fixed term until 2012. Before that, he had an extensive background in leading large organisations in both New Zealand & Australia, including senior roles at Carter Holt Harvey Ltd, Lion Nathan Ltd & Goodman Fielder Ltd, and as chief executive at Sealord and chief executive & executive chairman of Independent Liquor (NZ) Ltd. He chairs the Bank of NZ & Eden Park Trust and is an independent director of

Cathy Quinn.

Genesis Energy Ltd, IAG NZ Ltd & the National Australia Bank.

Cathy Quinn, LLB, ONZM: Ms Quinn is a commercial & corporate lawyer. She leads the mergers & acquisitions and private equity teams and the China practice at Minter Ellison Rudd Watts, and has chaired the firm for 8 years. She’s a director of Tourism Holdings Ltd and a board member of the NZ Treasury & the NZ China Council.

Progress pleases Norris

Sir Ralph Norris presenting the annual result last August.

Commenting on the appointments, Sir Ralph Norris said: “When I announced that I would step down as chairman in February I committed to first completing the chief executive transition & board refresh I had commenced, and I am pleased with the progress that has been made.

“Our chief executive, Ross Taylor, is now firmly established in the role and has led the development of a focused strategy that aims to deliver long-term growth for shareholders. Our balance sheet has been strengthened following a successful capital raising, and the company is on track to deliver 2018 financial guidance.

“Bruce Hassall will bring strong & steady leadership as Fletcher Building’s new chairman, and will complete the board refresh with the appointment of an Australian director in the coming months.

“Our 4 new independent directors are high calibre individuals who bring a mix of commercial, operational & governance expertise, which will greatly enhance the experience & diversity of the board.

Attribution: Company release.

Continue Reading

Quax fought politics from the right, and lives on through his opponents

Auckland Councillor & former Olympian Dick Quax died on Monday aged 70 after a 5-year battle with cancer.

Mayor Phil Goff said: “Dick battled his illness with courage and continued to work as long as he could on behalf of his community.”

He won silver in the 1500m at the 1970 Commonwealth Games in Edinburgh, moved up to the 5000m at the Munich Olympics in 1972 without success but won gold in the 5000m at the Montreal Olympics in 1976. He went on to break the world 5000m record in 1977. Although his world record was broken within a year, it remained a national record until 2008.

Mr Quax made 2 unsuccessful bids to enter Parliament, for the Act Party in 1999 & 2002. He entered local body politics as a Manukau City councillor in 2001 and served 3 terms there. After 6 years on the council he contested the mayoralty in 2007 but lost to Len Brown, who went on to become first mayor of the Auckland super-city council in 2010.

Mr Quax stood for the new council but failed to win a seat. However, Jami-Lee Ross, who won one of the 2 Howick ward seats, resigned from the council after 5 months to contest the parliamentary by-election for Botany, vacated by Pansy Wong, and Mr Quax then won the vacant council seat. He was re-elected in 2013 & 2016.

Quax at the council table

He pushed for the removal of the rural:urban boundary, which he & his many supporters argued was holding back housing development on Auckland’s fringes, and constantly questioned the sense of housing intensification.

I found his line of questioning exasperating, because it would inevitably peter out without a constructive alternative being presented.

But he had some successes in his opposition to council spending programmes. In one case at the Manukau council in 2008, the council agreed to look at ownership options for a 9-storey city-centre parking building instead of continuing with design & consent work based on council ownership, after opposition from several councillors.

Cllr Quax argued then – as he did on many occasions – that councils should not take on roles that the private sector was there to do. Against a suggestion that the Manukau council should establish a series of council-owned companies to handle development at its town centres, Cllr Quax said: “I am concerned that we will become property developers, because some developments we go into will not be as attractive to a joint-venture partner, and so we are going to become a developer in the most risky developments throughout the city. Would that be correct?”

Cllr Quax said such projects began with a small cost and, to justify that expense, more public money would be spent: “We are not into carparking, we are into governance here. Parking is not our business.”

As the unitary plan – the combination of regional policy statement & a distillation of all the pre-2010 territorial councils’ district plans – wended its way through the process in the second term of the super-city council, Cllr Quax won support from 8 other councillors in an attempt to halt intensification of suburban residential zones until there’d been public consultation.

Mayor Len Brown ruled Cllr Quax out of order and the councillor stormed out of the chamber. But as the unitary plan went through its final checks before being sent to the independent hearings panel, Cllr Quax repeated his wish to see the evidence that the compact city being advocated through the unitary plan would make Auckland a more liveable city.

He wasn’t afraid of his opponents and participated in the cut & thrust of social media. When he mocked the suggestion that the Sylvia Park mall should offer better transport options for shoppers, saying no one in the entire western world uses the train for shopping trips and got a reply on Twitter from Bryce Pearce, who said he biked to shop for his groceries, Cllr Quax responded. When Mr Pearce replied that he gets his groceries by bike, Cllr Quax added, “Sounds like that would make great Tui ad. ‘I ride my bike to get my weekly shopping – yeah right.’”

And so was born the word quaxing – to go shopping by walking, cycling or public transport. With that, Dick Quax won new international fame.

Attribution: Athletic records, council debates, mayor, Twitter.

Continue Reading

On the move, May 2018

Third CBRE valuer moves to Colliers in Christchurch
Maori Hill Property makes 2 facilities & property management appointments
Riley moves from Sylvia Park to Commercial Bay
Holth joins Kensington Swan property team

On the move is a Bob Dey Property Report column about comings, goings, rises & falls. Contributions are welcome, including photos – email [email protected] with details (of the coming or going) & a jpeg or png image.

13 May 2018:

Third CBRE valuer moves to Colliers in Christchurch

John Pryor.

Colliers has appointed John Pryor as an associate director of its Christchurch valuations team.

He was a valuer at Ford Baker Valuation Ltd and a senior valuer at CBRE, each for 6 years and both in Christchurch.

Colliers national director of valuations Kane Sweetman said Mr Pryor had a wealth of experience in commercial valuation for speciality markets such as hotels & leisure, hospitality, education & self-storage, “and great experience in the early childhood & education markets”.

Mr Pryor follows 2 other recent recruits into Colliers’ Christchurch valuations team, director Marius Ogg & associate director Scott Ansley.

Mr Ogg has been appointed director of valuation & advisory services, the same role he held at CBRE in Christchurch, where he worked for 18 years.

Mr Ansley was at CBRE for 13 years, finishing as an associate director.

4 May 2018:

Maori Hill Property makes 2 facilities & property management appointments

Gwynn Gilmour.

Maori Hill Property Ltd (MHP) has made 2 appointments to newly created senior roles, reflecting the ongoing evolution & growth of its nationwide commercial property management portfolio.

The Queenstown-based company has appointed Gwynn Gilmour as senior facilities manager. He’s a building & quantity surveyor who’s previously worked with MHP for 3 years as an independent contractor, and brings a highly technical background in facilities management to the role.

Mr Gilmour’s appointment is in line with MHP’s plans for strategic growth, which include an enhanced focus on facilities management, and allows maintenance & facilities management functions to be taken in-house.

Kirita Sio.

The other appointment is the internal promotion of Kirita Sio to property management team leader. Her new role, which reflects the ongoing growth of the MHP team, includes providing mentorship & guidance to MHP’s team of 7 property managers, development of the property management team and assistance in learning & development programmes for property managers. She will also continue her existing property management duties.

Ms Sio has nearly 20 years’ experience in the property industry, encompassing property management & other roles in the commercial, residential & government sectors.

Over the last year, MHP has appointed 5 new staff and now has a team of 13 people based in Christchurch, Queenstown & Dunedin.

MHP manages one of the largest commercial property portfolios in New Zealand. Key portfolio statistics as at March 30 were:

Properties under management: 100+ (80+ syndicate-owned, 20+ privately owned)

  • Total asset value: $900 million
  • Tenants: 250

Syndicated managements:

  • Average investment yield: 7.38%
  • Average building age: 10.4 years
  • Weighted average lease term: 7.7 years
  • Average loan:value ratio: 49.1%

Link: Maori Hill Property

1 May 2018:

Riley moves from Sylvia Park to Commercial Bay

Lauren Riley.

Precinct Properties NZ Ltd has appointed Lauren Riley as retail general manager for its Commercial Bay development at the foot of Auckland’s cbd, starting at the end of May. Ms Riley has worked in several roles at Kiwi Property Group Ltd over the last 10 years, most recently as centre manager for Sylvia Park, which she has managed through the recent expansion stages, including the development & launch of the new dining district.

Precinct Properties chief operating officer George Crawford said the appointment of Ms Riley to the Commercial Bay team was a huge asset to the project: “This newly created role is critical to the success of Commercial Bay. Lauren’s experience & calibre will ensure that Commercial Bay will deliver on what we feel will be the most transformational project Auckland city centre has ever seen.”

Paul Holth.

Ms Riley was initially commercial asset manager at Kiwi Property, and managed LynnMall before moving to Sylvia Park. Before that, she was a property manager at the Bledisloe Estate Trust and for the Bank of NZ.

Holth joins Kensington Swan property team

Law firm Kensington Swan has appointed Paul Holth as a partner in its national property team, to play an integral role in growing the property business nationwide from his base in Wellington.

Mr Holth worked at 2 London law firms for 14 years, including being a partner at one, before emigrating to New Zealand in 2001, and spent his first 6 years in New Zealand as a residential property developer before joining law firm Chapman Tripp in 2006, where he was an associate & senior associate before moving to Kensington Swan.

Got an appointment you want the world to know about? Hit this email tab – [email protected].

Continue Reading