NZX rings more changes as PR chief Macrae exits

Nov. 5 (BusinessDesk) - NZX, which operates the stock exchange, has rung more changes with the exit of head of corporate affairs Rowan Macrae leaving after eight years with the company.

Macrae's resignation was effective from Oct. 31 and is the latest in a series of changes under new chief executive Tim Bennett. She left to "pursue other opportunities," the stock exchange said in a statement.

"Throughout her eight years’ service, Rowan has contributed significantly towards the growth of NZX, including with corporate communications, human resources, policy and investor relations," Bennett said. "NZX wishes Rowan all the best for her future endeavours and thanks her for her contribution to building NZX."

Bennett has stamped his mark on the NZX leadership team since taking the reins in May. Last month he appointed Mandy Simpson has his new head of operations, effective from Nov. 19, having wooed Bevan Miller to take over as chief financial officer.

His management team includes Tony Leggett as head of NZX Agri, David Godfrey as head of IT, Erich Livengood as head of energy and integration, Kathryn Jaggard as head of derivatives, Robin Dey as head of regulation, and Ron Storey as head of Australian commodities, according to its website.

Separately, NZX confirmed Chris Moller's resignation as a director to let him focus on his role as chair of SkyCity Entertainment Group, a move flagged in September.

The shares fell 0.8 percent to $1.23 in trading on Friday, and have climbed 27 percent this year.

(BusinessDesk)

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