Tower extends CEO Hancock's position for 3 more months; seeking new chief

Tue, 30 Jun 2015

By Suze Metherell June 30 (BusinessDesk) - Tower has extended chief executive David Hancock's contract by three months, keeping him on deck as the general insurer wraps up a number of business initiatives. Hancock will leave Tower at the end of September after originally being due to finish his two-year contract with the insurer today, the Auckland-based company said in a statement. Over the past two years Tower has sold its life, health and investment businesses to focus on general insurance. “David has demonstrated outstanding leade...

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