Hmm down 3.2% today and the worst performer on the nzx
Printable View
There is a HUGE amount of spin in this announcement. Especially the last sentence.
The quality of the HBL board has just been diluted IMO.
DIRECTOR: HBL: Heartland Bank appoints Vanessa Stoddart to its board
HBL
03/10/2016 08:42
DIRECTOR
NOT PRICE SENSITIVE
REL: 0842 HRS Heartland Bank Limited
DIRECTOR: HBL: Heartland Bank appoints Vanessa Stoddart to its board
NZX Release
Heartland Bank appoints Vanessa Stoddart to its board
3 October 2016
Heartland Bank Ltd (Heartland) (NZX: HBL) today announced the appointment of
Vanessa Stoddart as an independent director.
Vanessa is an experienced director and currently serves on the boards of New
Zealand Refining Company Ltd, The Warehouse Group Ltd, Alliance Group Ltd,
Tertiary Education Commission and the Financial Markets Authority.
Following an early legal career, Vanessa gained broad commercial experience
in change management and performance improvement roles for some of New
Zealand's largest companies.
In 2003, Vanessa joined Air New Zealand as part of the executive team to
transform the airline. She was initially responsible for a wide portfolio
including HR, Industrial Relations, Training, Facilities and Health Safety.
From 2009 she also led the Engineering Group, with responsibility for the
safety and maintenance of the airline. Prior to this, from 2000 to 2003 she
was Chief Executive of Carter Holt Harvey's Australian Packaging Group.
Vanessa has been recognised for her achievements in both the HR and
Engineering professions - as a Companion of IPENZ and Honorary Fellow of
HRINZ. She is a Graduate of the Australian Institute of Directors and a
Chartered Member of the New Zealand Institute of Directors.
Government appointments include MBIE's Audit and Risk Committee, DOC's Audit
and Risk Committee, and Business New Zealand's representative on DESC.
Vanessa previously Chaired the Otago University Business School Advisory
Board and is on the Board of Global Women and Kings College.
Heartland's chairman, Geoff Ricketts, said: "We are delighted to welcome
Vanessa onto the Heartland Bank board. She brings outstanding professional
leadership and governance experience to the role."
-
Sort of agree biker
Thought they go for somebody like the lady raz picked - somebody with modern day wherewithal and technical thinking
Lost opportunity imho