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Announcement

ADMIN: SPN: South Port Appoints New Chief Executive

11 Aug 2017 09:48NZX
SOUTH PORT NEW ZEALAND LIMITED

Media Statement

For Immediate Release

11 August 2017

South Port Appoints New Chief Executive

South Port New Zealand Ltd today announced the appointment of Nigel Gear as
the Company''s new Chief Executive.

Nigel Gear is currently the Commercial Manager of the Port and has also held
management positions in Operations, Warehousing and Finance in addition to
previous roles within the fuel and meat processing sectors.

Mr Gear will fill the vacancy left by Mark O''Connor who is stepping aside
after 24 years with the Port, 18 of which were as Chief Executive.

Chairman, Rex Chapman said "the Company had engaged an external consultant to
assist the Board in the recruitment of the new Chief Executive.  The position
had attracted strong interest from a number of very capable candidates".

"It is a tribute to the leadership of Mark that at the conclusion of this
process we have been able to find his successor from within the existing
management team".

"Nigel has been with the Company for 23 years in a variety of roles and the
Board is delighted that it has been able to promote an internal candidate to
this leadership
position".

"Nigel is already well known by our customers and has been part of a very
successful management team operating during the Company''s recent period of
growth".

"The Board is looking forward to working with and supporting Nigel in his new
role".

Mark O''Connor will officially hand over to Nigel Gear on 1 October 2017 but
will remain at the Port until early November 2017.

For further information:

R T Chapman
Chairman
South Port New Zealand Ltd
Email: rex.chapman@cplaw.co.nz
Telephone: 0274 548 455
End CA:00305383 For:SPN    Type:ADMIN      Time:2017-08-11 09:48:20
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