Tony Falkenstein to take over as JWI boss, as Ian Ormiston quits

Mon, 01 Dec 2014

By Suze Metherell Dec. 2 (BusinessDesk) - Tony Falkenstein, founder and majority owner of Just Water International, will take over as head of the water cooler and supplies business after chief executive Ian Ormiston resigned. Falkenstein will take up the role of managing director to replace the outgoing Ormiston, as the Auckland-based company makes plans to de-list from the NZX once the founder's takeover is complete, it said in a statement. Through his vehicle the Harvard Group, Falkenstein is offering shareholders 15 cents a share for t...

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