Friday, 29 March 2024

Announcement

OFFICE: AWF: AWF: CHANGES TO FINANCE TEAM

20 Feb 2017 15:58NZX
NZX Release
20 February 2017
AWF MADISON GROUP LIMITED (NZX: AWF) - CHANGES TO FINANCE TEAM
The Board of AWF has been advised that the Group''s CFO, Nick Williams, has
signalled his intention to resign effective 16 June 2017.
Nick, who joined the Group in 2014, has contributed significantly to the
Company''s financial governance and has been instrumental in, amongst others,
the implementing of a centralised payroll and operational accounting systems.
These changes, once fully implemented, will be key factors in improving the
financial reporting regime, from what was in place previously.
Group CEO, Simon Bennett, said that Nick has done a great job in managing the
Finance function through a demanding time of operational and regulatory
change, whilst we have experienced significant growth.
Simon also advised the appointment of Jannine Mountford as CFO-designate,
with effect from 27 February. During the transition period, until 16 June,
Jannine will assume responsibility for a number of Group corporate functions
which will be incorporated into the CFO function, as part of the Group''s
growth strategy and building internal management capability.
Jannine has many years'' experience in various accounting and financial
leadership roles, at senior levels, both national and international. In her
most recent role, she was the CFO/GM Corporate Services at the New Zealand
Rugby Union, where her many and varied achievements included capital raising,
business process improvement, risk management and Human Resource practices
across the NZRU.
"I am thrilled to be working with Jannine; and I look forward to the
financial, strategic and commercial leadership experience she brings to the
business at this time", said Simon.
Ends
Contact: CEO -Simon Bennett +64 21 0368 387
Chairman - Ross Keenan +64 21 685 655
End CA:00297057 For:AWF    Type:OFFICE     Time:2017-02-20 15:58:45
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