'It’s like a marriage': Air NZ’s Foran and Walsh on how the CEO and chair work together

'It’s like a marriage': Air NZ’s Foran and Walsh on how the CEO and chair work together
MC, the Institute of Directors' Kirsten Patterson, left, with Therese Walsh and Greg Foran. (Image: Mark Russell, IoD)
Ella Somers
From March 2020 until recently, Air New Zealand chief executive Greg Foran was at the top of Therese Walsh’s call list.Flicking through the recent calls on the phone of Air NZ’s board chair would normally bring up Greg, Greg, her Mum, Greg, one of her children and Greg again.But now that’s all changed, she said.“The day I realised New Zealand was in recovery mode was the day I couldn't find Greg in my recent calls,” she told attendees at this year’s Institute of Directors conference.A delicate relationshi...

More Markets

RBNZ sees NZD at fair value, others not so sure
Economy

RBNZ sees NZD at fair value, others not so sure

Weak NZD makes exports competitive but imports more expensive. 

Genesis interested in buying SolarZero
Markets

Genesis interested in buying SolarZero

SolarZero's complicated arrangements would have to be sorted.

Spark share collapse leads NZ sharemarket down
Markets Market Close

Spark share collapse leads NZ sharemarket down

The S&P/NZX 50 Index closed down 0.99% or 127.78 points.

Tom Raynel 21 Feb 2025
Spark valuation plummets $1 billion as profit crashes
Markets

Spark valuation plummets $1 billion as profit crashes

Spark has reported a 78% fall in net profit to $35 million in the first half of its 2025 financial year and reduced its full-year operating earnings guidance. However, it has maintained its revised full-year dividend guidance.Shares – already down 42% over the past year after two...

Staff reporters 21 Feb 2025