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Mullooly GHL’s new chair

Dave Mullooly has been appointed the new chair of Gisborne Holdings Ltd.

The local businessman has been on the board for the past three-and-a-half years. He takes over from Rob Telfer, who stepped down after nearly three years as chair but remains on the board.

As part of the board's succession planning and continuity, Mr Mullooly has spent two months working alongside Mr Telfer for a seamless takeover.

“I appreciate the confidence shown by Mayor Rehette Stoltz and the councillors by reappointing me for a second term to the board, and am truly excited and humbled to be elected chair,” Mr Mullooly said.

He also acknowledged the support of the GHL board, management and staff.

“I will work hard to progress the company to fulfil our mandate to supply the council with a non-rates-based income for the district.”

Andrew Allan, who has been on the board for the past two-and-a-half years, is the new deputy chair.

Jacqueline Blake and Hayden Swann have been on the board for a year.

The independent board is appointed by Gisborne District Council, which is the 100 percent shareholder of GHL. Distributions generated by GHL are paid to the council to be reinvested back into the local community.

Under the GHL banner are Tauwhareparae Farms, Gisborne Vehicle Testing, the council's commercial property portfolio, Waikanae Beach Top 10 Holiday Park and the soon-to-be-opened Wash'n Go vehicle wash.

Dave Mullooly