Infratil says it is business as usual, but ready to roll, as it switches chief executive
10 Feb, 2021 04:37 AM
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Marko Bogoievski will step down as chief executive of Infratil in April, but will continue to head Morrison & Co, the fund s manager. Photo / Supplied
Marko Bogoievski will step down as chief executive of Infratil in April, but will continue to head Morrison & Co, the fund s manager. Photo / Supplied
Infratil has announced the departure of its long time chief executive, with the infrastructure investor insisting it is business as usual, but also readying itself for a possible takeover attempt. The NZX-listed fund, which jointly
Press Release – Infratil
The Infratil Board today announced that Jason Boyes will succeed Marko Bogoievski as Infratil Chief Executive Officer (‘CEO’) and a Director effective from 1 April 2021 with Mr Bogoievski stepping down after 12 successful years as Infratil’s CEO and a Director.
Mark Tume, Infratil’s Chair, said that with the strong portfolio positions and a positive investment outlook, the Board view this as a good opportunity to implement the succession plan.
“Marko signaled to the board his interest in this transition some months ago, after 12 years in the role as CEO. The board believes this is the right time for a well-managed transition from one high performing leader to another with the company in healthy shape and with a clear future growth plan.
Shares in seafood companies Sanford and New Zealand King Salmon Investments declined following news that some New Zealand fishing companies were suspended from exporting certain products to China.
10 Feb 2021 - The ASX is set to open higher this morning as tech stocks advanced in New York. There is also optimism in the US regarding further stimulus and strong quarterly results from some of their major companies. The AUD rose as the greenback weakened slightly. And Infratil (ASX:IFT) announced a new CEO.
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