NZX-listed integrated automotive group, NZ Automotive Investment Limited (NZAI) (NZX:NZA) has announced the appointment of Michael Stiassny and Gordon Shaw as independent directors, with Stiassny appointed as Chairperson.

Shaw has been appointed Interim CEO, and Samantha Sharif has been co-opted onto the board as an independent director for a period of six months or until a new CEO is appointed.

The Board’s immediate focus is on stabilising the Company, recruiting a new CEO and carefully reviewing strategy, resources and costs.

Sharif is a former commercial lawyer and full-time professional director with more than 30 years global experience.

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