Rangatira boss Ian Frame to retire in June

Tue, 04 Mar 2014

Rangatira chief executive Ian Frame will step from the top job of the Wellington-based investment firm at the end of June. Frame will finish his 11-year tenure in charge of Rangatira on June 30, growing the firm’s assets to $187 million from $102 million when he started, and overseeing $70 million in dividends being paid to shareholders, chairman David Pilkington said in a statement. The board has started looking for a replacement. Rangatira has been on a buying spree in recent years, purchasing Rainbow’s End amusement park operator New Z...

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