New Chief Executive for Air NZ

Monday, 13 Oct, 2005 0

Air New Zealand announced today that Rob Fyfe will assume the role of Chief Executive Officer effective immediately.

Mr Fyfe is currently the Group General Manager Airlines and has been with the company for almost three years.

Air New Zealand Chairman John Palmer said Mr Fyfe’s appointment follows a global search that included the evaluation of strong internal candidates for the role.

Mr Palmer said Rob Fyfe has been appointed on merit after an extensive and rigorous selection process, which attracted high quality overseas candidates through to the final stage.

“It is a great testament to Air New Zealand’s leadership development and succession planning that Mr Fyfe has gained the position against international benchmarks,” he said.

Mr Palmer said Air New Zealand would now be entering a new phase in its history with a new leader who has the full support of the Board and who is focussed on delivering value for shareholders.

“I would also like to thank Chief Financial Officer Rob McDonald for his stewardship as interim CEO while the search for a new Chief Executive took place,” Mr Palmer said.

Commenting on his appointment, Rob Fyfe said he was delighted and greatly appreciative of the unique opportunity presented to him by the Board.

“I feel privileged to lead this iconic company that has such a pivotal role in the life of so many New Zealanders and businesses. I have a passion for Air New Zealand and look forward to guiding the company through this next stage in its history.  I am committed to ensuring that Air New Zealand continues to develop into a company that everyone in our nation can feel justifiably proud of.”

Mr Fyfe said it was clear that Air New Zealand was currently operating in a particularly challenging business environment.

“But I believe the company has the resilience, the vision and the people to deal with these challenges and to become an enduring, internationally successful airline.”



 

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Graham Muldoon



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