All change at Carter Holt Harvey
New Zealand pulp, paper and packaging giant, Carter Holt Harvey Limited, today announced further changes to its board of birectors. Following the change of control from International Paper to Rank Group Investments Limited and the consequent restructuring of the board, the company says its has received the resignations of Kerry McDonald and Dr Helen Nugent to take effect at the close of the offer period.
"Change is inevitable following the transition to a new majority shareholder," Carter Holt Harvey chairman, John Maasland says.
"The Company has been fortunate to have directors of the calibre of Kerry McDonald and Helen Nugent on its Board, and has benefited from their significant depth of experience and expertise. We wish them every success in their future endeavours," says Maasland.