Rob Telfer reappointed to Gisborne Holdings board
Rob Telfer has been reappointed to the board of Gisborne District Council's trading organisation, Gisborne Holdings Ltd.
Mr Telfer's reappointment was announced on Thursday during the company's AGM, which followed the council's final meeting for 2019.
Chairing the AGM, Mr Telfer announced the company was paying the council a $1.8 million dividend for the year to June 30.
His retirement by rotation led to a vacancy on the board that was advertised in November, although Mr Telfer, who is the board chairman, reapplied for the role and was automatically shortlisted.
The council's board appointment policy stipulates three-year terms for board directors and tenures limited to six years, or nine years in exceptional circumstances.
Accordingly, Ming Lim-Pollard, who was appointed to the board on December 1, 2016, and Peter Reeves, who was first appointed in 2009, should have been due for retirement.
However, Gisborne District Council chief executive Nedine Thatcher Swann said some of the company's directors were appointed before the adoption of the current policy in October 2018.
The council would look at how to resolve inconsistencies in the board appointment process early next year, Ms Thatcher Swann said.
A $200,000 fees pool for the company's five directors, including Dave Mullooly and Andrew Allan, was confirmed at the AGM.