NZ: Director addition at Oyster Bay Marlborough

By | 17 April 2007

Oyster Bay Marlborough Vineyards has appointed a new director to its board.

The New Zealand wine company confirmed yesterday (16 April) that Ross Keenan has retired and will be replaced, with immediate effect, by Sandy Maier. The move will see Maier join the board as an independent director.

Maier has a background in investment banking with Citicorp and was statutory manager of Development Finance Corporation. For the past decade he has been a consultant in addition to holding several director appointments.

Shareholders will decide the permanence of Maier's appointment at the company's annual general meeting in November, Oyster Bay said.

In 2006, Oyster Bay was acquired by Delegat's Group. The group, which already held a 33% stake in Oyster Bay, had to battle with fellow Oyster Bay shareholder Peter Yealands, who had accused the two companies of holding back information from shareholders on the value of its vineyards.

Sectors: Wine

Companies: Delegat’s Group

View next/previous articles

Currently reading -

NZ: Director addition at Oyster Bay Marlborough

There are currently no comments on this article

Be the first to comment on this article

Related articles

NEW ZEALAND: Delegat's Group sees FY results soar

Delegat's Group has posted a healthy lift in figures for its fiscal year.

NZ: Delegat's calms share leap concerns

Delegat's Group has moved to clarify a recent leap in its share price.

NZ: Delegat's sees Oyster Bay boost figures

Delegat's Group has posted a healthy lift in its performance for the last six months of 2006.

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page