CCHL chair appointed with 'urgency' after director revolt

New CCHL chair Bryan Pearson has been praised for his "demonstrated commitment to civic duty". (Image: CCHL)

Wed, 05 Jun 2024

The Christchurch city council says it acted with urgency to appoint a new chair to a holding company controlling more than $5 billion in assets, with the announcement made two weeks after the mass resignation of four directors.Christchurch City Holdings (CCHL), which majority or outright owns the city's airport, Lyttelton port and other strategic assets on behalf of ratepayers, announced on May 30 the council had appointed local businessman Bryan Pearson as the new chair.“I’m committed to building trust and confidence between th...

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