“The work that Agria has been able to do to benefit PGW and NZ is not yet finished but I think that my time in leading PGW as chair must come to an end as I need to focus on the next phase in my career and spend more time with my family.
“Leadership always needs to be refreshed and I have done everything within my power to lead and benefit PGW over the last 10 years to greener pastures and to greater success.
“I believe in this company and this country.
“I have been a proud caretaker for this iconic NZ company and have full confidence in the board and trust they will continue to serve the shareholders and PGW well into the future.”
Director Joo Hai Lee has been appointed chairman from tomorrow with Trevor Burt continuing as deputy chairman.
The board’s composition and governance will be reviewed and the market will be updated on outcomes in due course, Burt said.
