Management update – Chief Financial Officer

GENERAL
Fri, Aug 12 2022 08:30 am

Kiwi Property has today advised that Gavin Parker, Chief Financial Officer, has resigned to pursue an external opportunity. He will remain with the company until after the release of its interim results at the end of November, ensuring a smooth transition.

Kiwi Property Chief Executive Officer, Clive Mackenzie, said:

“Gavin has had a pronounced impact on Kiwi Property over his 20-year career with the company. His commercial acumen, strategic insight, institutional knowledge, and commitment to creating value for our shareholders have made him an outstanding CFO and a trusted advisor to our Board and management. We wish Gavin every success in his future endeavours.”

Recruitment for a new Chief Financial Officer is now underway. An announcement regarding the successful candidate will be made in due course.

Ends

Contact us for further information:
Campbell Hodgetts
Head of Communications and Investor Relations
[email protected]
+64 275 634 985

About us:
Kiwi Property (NZX: KPG) is one of the largest listed property companies on the New Zealand Stock Exchange and is a member of the S&P/NZX 20 Index. We’ve been around for over 25 years and proudly own and manage a significant real estate portfolio, comprising some of New Zealand’s best mixed-use, retail and office buildings. Our objective is to provide investors with a reliable investment in New Zealand property through the ownership and active management of a diversified, high-quality portfolio. S&P Global Ratings has assigned Kiwi Property a corporate credit rating of BBB (stable) and an issue credit rating of BBB+ for each of its fixed rate senior secured bonds. Kiwi Property is the highest rated New Zealand company within CDP (Carbon Disclosure Project) and is a member of FTSE4 Good, a series of benchmark and tradable indices for ESG (Environmental, Social and Governance) investors. Kiwi Property is licensed under the Real Estate Agents Act 2008. To find out more, visit our website kp.co.nz


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