New chairman and director for Gisborne Holdings Ltd
GISBORNE Holdings Ltd will begin its new year with a new chairman and director.
Chairman Bob Proudfoot told the annual meeting he would be standing down after four years and Gisborne businessman Dave Mullooly was appointed a director by Gisborne District Council, sole shareholder of the company.
Mr Proudfoot told the annual meeting, held at the council’s final meeting of the year, he would not seek re-election as chairman at the first meeting, where the chairman was traditionally appointed.
He would remain on the board for the rest of the year before fully retiring.
Earlier at its meeting, the council appointed Mr Mullooly to replace Matt Todd who retired by rotation.
After nearly 30 years in business, Mr Mullooly recently sold his four businesses — BP Ormond Road, BP Kaiti, Foster and Tyler Workshop and Gas ’N’ Gear.
He spent six years as a director of the BP co-op board, the past two as chairman.
Mr Proudfoot told the annual meeting that good companies depended on good people and many good people had assisted him during his time as chairman. He also praised the staff.
He had been very fortunate to have quality directors over his term. They had all been fine Gisborne people, showing a real love for the district and a strong intention to make Gisborne a better place to live in.
“We were a good team and are a good team and I am positive that GHL will be a good provider for GDC and the ratepayers of Gisborne-Tairawhiti district, if we are allowed to develop and reach the potential I foresee.
“I count myself as very fortunate to have had the opportunity to serve my district on the board of GHL,” he said.
Mayor Meng Foon acknowledged the benefit of the organisation to the community. The council appreciated the stewardship that each and every one had given, he said.
He thanked Mr Proudfoot for his leadership and articulating a pathway and long-term vision for the company.