Change - Announcement of Cessation::Resignation of Chief Executive

Issuer & Securities

Issuer/ Manager
AUCKLAND COUNCIL
Securities
AUCKLAND COU NOK1.4B 4%N280909 - XS0964196603 - 2ZFB
AUCKLANDCOEU185M 2.125%N340324 - XS1045821847 - 3E4B
AUCKLANDCOUN EU500M1%N270119 - XS1520344745 - 67KB
AUCKLANDC NOK1B 2.0775%N311128 - XS1514161956 - 61YB
AUCKLANDC EUR500M0.125%N290926 - XS2055663764 - KJIB
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
04-Feb-2020 10:57:23
Status
New
Announcement Sub Title
Resignation of Chief Executive
Announcement Reference
SG200204OTHRRA3T
Submitted By (Co./ Ind. Name)
Andrew John
Designation
Funding Manager
Effective Date and Time of the event
04/02/2020 11:00:00
Description (Please provide a detailed description of the event in the box below)
Media release

4 February 2020

Resignation of Chief Executive

Stephen Town has announced his resignation as Auckland Council s Chief Executive.

Mr Town has accepted the role as the inaugural Chief Executive of the NZ Institute of Skills and Technology. He will remain in his current role until 25 June 2020 and will take up his new position on 6 July 2020.

Mr Town was due to leave the council in December 2020. A recruitment process is already underway to appoint a new Chief Executive.

ENDS

For further information please contact:
Katherine Forbes
Head of Public Affairs,
Mobile: +64 21 872 680,
Email: katherine.forbes@aucklandcouncil.govt.nz

Additional Details

Name Of Person
Stephen Town
Age
59
Is effective date of cessation known?
Yes
If yes, please provide the date
25/06/2020
Detailed Reason (s) for cessation
Accepted the role as the inaugural Chief Executive of the NZ Institute of Skills and Technology. Mr Town was due to leave the council in December 2020.
Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?
No
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
No
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of Appointment to current position
14/01/2014
Does the AC have a minimum of 3 members (taking into account this cessation)?
Yes
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
0
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Executive
Role and responsibilities
Chief Executive
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
N/A
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
N/A
Present
N/A

Attachments

Stephen Town resignation - 4 Feb 2020.pdf
Total size =67K