CCHL looking for CEO, advice from former chair released

According to advice from former CCHL chair Bruce Irvine, there's scope to bring forward dividend payments from Orion. (Image: Orion)

Oliver Lewis

Thu, 09 May 2024

The week before Christchurch councillors voted for their commercial holding company to deliver $47 million in extra dividends – despite strident warnings by Christchurch City Holdings chair Abby Foote – councillors received a confidential briefing from its former chair.According to a report in The Press, the council has spent more than $2m on reviews and asset scoping studies associated with Christchurch City Holdings (CCHL) since December 2021, when the CCHL board was first asked to consider whether its original purpose remained re...

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