The board of New Zealand Post has announced that chief executive Brian Roche (left) will leave the business in April 2017. Roche joined New Zealand Post as chief executive in January 2010 and now plans to retire from all full-time executive positions to pursue other business interests.
Sir Michael Cullen, board chairman, New Zealand Post, said, “Brian Roche has led the New Zealand Post Group superbly through a period of great challenges, and positioned the company well for the future.”
Roche added, “I will leave the business satisfied that change programs have been put in place to allow the New Zealand Post Group to become a stronger commercial entity. There is a lot more to be done, but the foundations and staff spirit are there to meet the challenges and opportunities ahead.”
As chief executive, Roche oversaw several key changes to the company, including the introduction of alternate day mail delivery, the integration of its courier and postal businesses, and growth in Kiwibank, a New Zealand Post subsidiary.
Most recently, Roche helped develop the proposed new ownership arrangements for Kiwibank, which are expected to see third-party capital introduced. Roche’s departure date of April 2017 is intended to provide New Zealand Post with enough time to search for a new CEO.
September 6, 2016
