Mon, 30 May 2005
TOWER has announced the appointment of Denis Wood as a Director to the Boards of TOWER Limited and TOWER Finance Limited. Mr Wood replaces Maurice Loomes who resigned as a TOWER Director in March 2005.
Mr Wood, M.A. (Hons) in Economics, is an Auckland based company executive. He has a wide ranging skill set and extensive experience across a broad range of investment areas from investment management to investment banking. Mr Wood is currently an Executive Director at Ernst & Young Corporate Finance Limited and prior to that he was an Executive Director at UBS Warburg. Mr Wood is also the current Chairman of two related healthcare companies, St Josephs Mercy Hospice Limited and Mercy Healthcare Auckland Limited.
TOWER Chairman Olaf O’Duill said, “Denis Wood brings outstanding commercial talent, depth and experience to TOWER and is a welcome addition to the Board. He will also chair the Group Investment Committee.”
Mr Wood will be subject to re-election at the 2006 TOWER Limited Annual Meeting.
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