Stiassny joins Tower board as questions linger over strategy

Thu, 11 Oct 2012

Oct. 12 (BusinessDesk) – Receivership specialist Michael Stiassny is joining the board of insurer Tower at a time when its ownership and strategy is a moveable feast due to the breakup of shareholder Guinness Peat Group. Stiassny told BusinessDesk the company was looking for some board members and he had experience in changing and helping things come to conclusions. He referred comment on the company’s strategic review to executives. Stiassny is chairman of Vector and has handled some of the most high profile receiverships in New Zealand as a...

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