January 23, 2015
Tainui business boss to move on
Tainui Group Holdings chief executive Mike Pohio has quit.
Mr Pohio says he wants to pursue governance opportunities, and the time is right for a new CEO to lead the company over the next decade.
During his eight years in the job he completed the development of The Base shopping centre at Te Rapa and the award winning Novotel Auckland Airport Hotel.
He also kicked off plans to turn the tribe’s land at Ruakura on the eastern fringe of Hamilton into a multi-billion dollar transport hub, which included securing a zoning change.
TGH chair Sir Henry van der Heyden says Mr Pohio led the development of a new strategy to diversify investments beyond property by buying stakes for the company in Waikato Milking Systems, Go Bus and Genesis Energy.
Rahui Papa from the tribe’s executive board Te Arataura says the quality developments and investments led by Mr Pohio have helped establish an overall billion dollar platform of assets for Waikato-Tainui, built respect for TGH and promise a future with more opportunities for Waikato-Tainui people.
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