Director Resignation

ADMIN
Fri, Feb 23 2024 02:10 pm

Company Announcement

23 February 2024

Director Resignation

Director Martin Berry has announced he will be standing down from the board of Turners Automotive Group effective as of 31 March 2024.

Martin’s commitments as the Group Chairman of Gong Cha Global have increased materially over the last year, and combined with being based in Singapore it has become increasingly difficult to dedicate the time and attention he would like to give to the company and his director role.

Mr Berry said “My tenure at Turners has been incredibly rewarding. The decision to step down has not been easy, and I want to express my sincere gratitude for the wonderful years we've shared and the remarkable progress Turners has made. The company is in excellent hands, and I eagerly anticipate watching Turners continue to thrive and reach new heights from the sidelines.”

Chairman Grant Baker said “Martin has played a key role in helping guide the business through the pandemic and helping position Turners to be delivering record levels of profit. We would like to express our deepest gratitude to Martin for his unwavering commitment and invaluable challenge and contributions.”



ENDS


About Turners

Turners Automotive Group Limited, a NZX Top 50 company is an integrated financial services group, primarily operating in the automotive sector www.turnersautogroup.co.nz

For further information, please contact:

Todd Hunter, Group CEO, Turners Automotive Group Limited, Mob: +64 21 722 818
Aaron Saunders, Group CEO, Turners Automotive Group Limited, Mob: +64 27 493 8794


Announcement PDF


Markets News

NZ sharemarket down 0.38%
Markets Market close

NZ sharemarket down 0.38%

The S&P/NZX 50 Index closed at the day’s low of 12,349.47, down 46.79 points or 0.38%.

Graham Skellern 26 Jul 2024
Markets

Forsyth Barr initiates full Turners coverage

Forsyth Barr says a premium valuation is now warranted. 

Rebecca Howard 26 Jul 2024
Forsyth Barr initiates full Turners coverage
Economy

The kiwi dollar is falling prey to the bears

The only worst performer is the Norwegian krone.

Rebecca Howard 26 Jul 2024
The kiwi dollar is falling prey to the bears