Synlait loses its CEO and refreshes its board. NZX names a second Acting executive. Tourism Holdings brings in Barbara Chapman.

Acting Chief Executive Officer ·Synlait Milk

Appointed Acting CEO of Synlait, effective Thursday 14 May 2026, after the Board accepted Richard Wyeth's resignation. Fung is ordinarily resident in New Zealand. His career spans nearly 30 years across production, operations, CAPEX investments and market development, including as CEO of NIG Nutritionals Limited and Operations Director for Danone Oceania. He joined Synlait as a Director in June 2024 and chaired its People, Environment and Governance Committee from November 2025. Announcement source for Richard Wyeth, Synlait Milk — Source ↗

Acting Chief Financial Officer ·NZX Limited

Appointed Acting Chief Financial Officer of NZX, effective immediately. Trotman is NZX's Deputy CFO. Her appointment follows Graham Law, NZX's Chief Financial and Corporate Officer, becoming Acting Chief Executive from 1 May. Announcement source for Amy Trotman, NZX Limited — Source ↗

Independent Director ·Tourism Holdings

Appointed a Director of Tourism Holdings, effective immediately, filling the vacancy created by Gráinne Troute's departure. Chapman was Chief Executive and Managing Director of ASB Bank from 2011 to 2018. Her current governance roles include Chair of Genesis Energy, Director of the Bank of New Zealand and Deputy Chair of the New Zealand Initiative. She was awarded a Companion of the New Zealand Order of Merit for services to business in 2019. The Board determined she is independent for the purposes of the NZX Listing Rules. Announcement source for Gráinne Troute, Tourism Holdings — Source ↗

Chief Financial Officer ·AFT Pharmaceuticals

Appointed Chief Financial Officer of AFT Pharmaceuticals, commencing 15 June 2026. Houliston joins from Sanford, New Zealand's largest integrated fishing and aquaculture company, and was previously an audit Director at KPMG. He is a chartered accountant with a Master of Science from Oxford University. He succeeds Malcolm Tubby, who retires from the role on 29 May 2026, with Simon Bosley covering in the interim. Chair David Flacks said Houliston brings financial expertise from both public markets and the accounting profession. Announcement source for Stuart Houliston, AFT Pharmaceuticals — Source ↗

Independent Director ·Synlait Milk

Appointed an Independent Director of Synlait. Turner has more than 25 years' experience in executive and governance roles across the manufacturing, FMCG, agritech and primary sectors, with leadership positions at Fonterra, Sanford, Danone and TOMRA Food. Chair George Adams called her financial acumen and knowledge of the global dairy sector an exceptional fit for the role. She chairs Synlait's Audit and Risk Committee. Announcement source for Katherine Turner, Synlait Milk — Source ↗

Non-Executive Director ·EROAD

Appointed a Non-Executive Director of EROAD, effective 1 June 2026. Brosnahan has more than 25 years of international experience in financial services and technology, including as Chief Transformation Officer at Bendigo and Adelaide Bank. He has served as EROAD's Chief Transformation Officer on a part-time basis since October 2025, a role concluding before his directorship begins. Under NZX Listing Rule 2.6 the Board determined he does not currently qualify as independent given his recent executive engagement. He will stand for election at EROAD's Annual Shareholders' Meeting. Announcement source for Ryan Brosnahan, EROAD — Source ↗

Director ·New Zealand King Salmon

Appointed a Director of New Zealand King Salmon Investments, effective 1 June 2026, replacing Carol Chen. Pan is an Investment Manager at China Resources Asset Management and holds a Master of Arts in Economics from Vanderbilt University. She has more than 10 years of experience across the China Resources Group, and the Board points to the link she brings to the Chinese market. Announcement source for Jiali Pan, New Zealand King Salmon — Source ↗

Outgoing Chief Executive Officer ·Synlait Milk

The Synlait Board accepted Richard Wyeth's resignation as Chief Executive Officer. The Board credited him with leading Synlait through a challenging period focused on operational, quality and financial issues, rebuilding customer relationships and positioning the company for its next phase. Wyeth remains with the company until 30 June 2026 to support an orderly transition. Leon Fung steps in as Acting CEO from 14 May. Announcement source for Richard Wyeth, Synlait Milk — Source ↗

Outgoing Independent Director ·Synlait Milk

Resigned as an Independent Director of Synlait, effective Monday 18 May 2026. McGilvary served as a Director since 2022, holding roles including Chair of the People, Environment and Governance Committee, Acting Chair of the Board and Chair of the Dairyworks advisory Board. Under Synlait's Constitution and the NZX Listing Rules the company must have two Independent Directors, and its Nominations Sub-Committee began a search for a replacement earlier this year. Announcement source for Paul McGilvary, Synlait Milk — Source ↗

Outgoing Independent Director ·Tourism Holdings

Resigned from the Tourism Holdings Board, effective at the end of May 2026. Troute had served as a Director since 2015 and chaired the Remuneration and Nomination Committee from 2015 to 2023, most recently sitting on the Health, Safety and Sustainability Committee. Barbara Chapman fills the vacancy. Announcement source for Gráinne Troute, Tourism Holdings — Source ↗

Outgoing Chief Financial Officer ·Scott Technology

Resigned as Chief Financial Officer of Scott Technology after deciding to take up another opportunity, finishing on Friday 3 July 2026. O'Malley joined Scott in July 2023. CEO Mike Christman thanked him for his contribution across the Group. The process to appoint a successor will commence shortly. Announcement source for Mark O'Malley, Scott Technology — Source ↗

Outgoing Director ·NZME

Resigned as a Director of NZME after 10 years of service, effective 31 May 2026. Chair Steven Joyce thanked her for a decade of service. Board Director Kate Parsons takes over as Chair of the Audit and Risk Committee, effective immediately. Announcement source for Carol Campbell, NZME — Source ↗

Director ·NZX Limited

Will retire from the NZX Board in November after more than four years as a director, having taken up an employment role at ASX. The Board has agreed he remain a director until 30 November 2026 with conflict management processes in place, noting he is not in an ASX management role. Chair John McMahon credited his financial markets technology and capital markets expertise. Announcement source for Peter Jessup, NZX Limited — Source ↗

Independent Director ·Napier Port

Will not seek re-election at Napier Port's Annual Shareholders' Meeting in December 2026. Harvey joined the Napier Port Board in February 2019 and brought financial, governance and listed-company experience through the company's IPO and transition to being publicly listed. Chair Blair O'Keeffe acknowledged his contribution. Announcement source for John Harvey, Napier Port — Source ↗

Director ·WasteCo Group

Resigned as a Director of WasteCo Group, effective 25 May 2026. Redmayne had been part of WasteCo since the company was established in 2013, and the Board credited him with supporting its transition from a privately held company to a listed entity in 2022. Announcement source for James Redmayne, WasteCo Group — Source ↗

Alternate Director ·WasteCo Group

Resigned as an alternate director of WasteCo Group, with effect from 1 May 2026. The Christchurch-based national waste solutions company was established in 2013. Announcement source for Rodney Malam, WasteCo Group — Source ↗