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April 2026  /  Monthly Edition An Infinitas brief
Tate McClenaghan
Tate McClenaghan Partner · Infinitas [email protected] · 021 057 9991 · LinkedIn ↗
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The Month

NZX itself names an Acting CEO. Fonterra appoints Richard Allen. Fisher Funds resets its Chair across three vehicles.

Eighteen verified board events across NZX-listed companies in April. NZX itself loses Mark Peterson and names Graham Law Acting CEO. Fonterra picks Richard Allen as Miles Hurrell's successor. Air New Zealand opens a CFO search after Richard Thomson resigns. Synlait Milk loses its Chief Quality Officer Hila Mory the same morning Bright Dairy reports widening losses at Synlait. Underneath, five small-cap director resignations and a coordinated Fisher Funds governance refresh.

18Board events
9Appointed
9Departed
Graham Law

Graham Law

Acting Chief Executive · NZX Limited

Becomes Acting CEO of the New Zealand Stock Exchange itself from 1 May 2026, after Mark Peterson leaves the role on 30 April. Law is currently NZX Chief Financial and Corporate Officer, joined NZX in November 2017, previously Head of Finance at ACC and Managing Director and CFO at AMP Capital Limited. The Board says it continues to advance the search for a permanent Chief Executive. Source ↗

NZX:NZX 22 Apr 2026 Acting CEO
Richard Allen

Richard Allen

CEO · Fonterra Co-operative Group

Steps into the Fonterra CEO role on 1 May 2026, succeeding Miles Hurrell. Joined Fonterra as a graduate in 2008. Most recently President Global Ingredients responsible for Ingredients sales, optimisation, risk management, trading and global manufacturing. Earlier roles include President Atlantic based in Chicago, Vice President of Foodservice in China, and founding CEO of MyMilk. Hurrell stays on in an advisory role until September 2026. Sources: FCG ↗ · FSF ↗

NZX:FCG / FSF 13 Apr 2026 Appointed
Emma Oettli

Emma Oettli

CFO · Genesis Energy

Promoted internally from General Manager, Portfolio Management, effective 15 April. Oettli joined Genesis in October 2020. Genesis CEO Malcolm Johns calls her a key contributor to the FY32 growth plan and progressing final investment decisions for new asset developments. Previously held senior finance roles within Genesis and the banking sector. Source ↗

NZX:GNE 15 Apr 2026 Appointed
Sarah Theodore

Sarah Theodore

CFO · Kiwi Property

Appointed CFO of Kiwi Property, expected to commence in late July 2026. Most recently Deputy CFO at NZX/ASX dual-listed Summerset Group Holdings. Earlier senior leadership at Transpower New Zealand and Macquarie Group. Over 20 years across banking, infrastructure, property and retirement living. Tiniya du Plessis continues as Interim CFO until Theodore starts. Source ↗

NZX:KPG 10 Apr 2026 Appointed
Hamish Rumbold

Hamish Rumbold

Independent Non-Executive Director · Ryman Healthcare

Joins the Ryman Board on 1 May 2026. Currently a director of House of Travel, Orbit Remit, LIC and The Warehouse Group. Previously Chief Digital and Technology Officer at Kiwibank, CEO of ClearPoint, and senior digital roles at Air New Zealand. Chair Dean Hamilton frames Rumbold as completing the Ryman Board refresh. Source ↗

NZX:RYM 24 Apr 2026 Appointed
Tim Russell

Tim Russell

Non-Executive Director · Arvida Group

Joins the Arvida Board as a non-executive director, effective 1 April 2026. Russell is a founder and director of Aura Holdings, a retirement village group based in Queensland, Australia. Source ↗

NZX:ARV 01 Apr 2026 Appointed
Murray Jordan

Murray Jordan

Independent Director · Property For Industry

Joined the PFI Board on 1 April 2026 as part of the Board's stated succession plan. Currently a director of Metlifecare and Stevenson Group, and was on Southern Cross Healthcare's board until 31 March. Earlier executive roles included Managing Director of Foodstuffs North Island, GM of Property Strategy for Foodstuffs, and General Manager of AMP's unlisted New Zealand property portfolio. Sits on PFI's Audit and Risk Committee. Source ↗

NZX:PFI 01 Apr 2026 Appointed
Simon Flood

Simon Flood

Independent Director · Fisher Funds Listed Suite

Joins the boards of Kingfish, Marlin Global, and Barramundi Global as Independent Director, effective 1 June 2026. Investment management and corporate governance experience across London, Hong Kong, Singapore and New Zealand. Announced 24 April alongside the wider Fisher Funds governance refresh. Sources: KFL ↗ · BRM ↗ · MLN ↗

NZX × 3 24 Apr 2026 Appointed × 3
Fiona Oliver

Fiona Oliver

Incoming Chair · Fisher Funds Listed Suite

Becomes Chair of Kingfish, Marlin Global, and Barramundi Global from 30 June 2026, succeeding Andy Coupe. Oliver has been an independent director on the boards since June 2022. The Chair handover lands alongside Simon Flood's incoming directorship. A single 24 April announcement reset the Chair, succession plan, and director bench across all three listed Fisher Funds vehicles. Sources: KFL ↗ · BRM ↗ · MLN ↗

NZX × 3 30 Jun 2026 Becoming Chair
Mark Peterson

Mark Peterson

Outgoing CEO · NZX Limited

Leaves the Chief Executive role at the New Zealand Stock Exchange itself on 30 April 2026. Graham Law (NZX CFO) steps in as Acting CEO from 1 May while the Board runs the search for a permanent appointment. Source ↗

NZX:NZX 30 Apr 2026 Departing
Richard Thomson

Richard Thomson

Outgoing CFO · Air New Zealand

Resigned 22 April, leaves the airline on 28 August 2026. Rejoined Air NZ as CFO in March 2021 after earlier senior commercial and finance roles at the airline. CEO Nikhil Ravishankar credits him with the recapitalisation, post-Covid recovery, and response to fleet availability challenges. The airline has commenced a search for a successor. Source ↗

NZX:AIR 22 Apr 2026 Resigned
Julie Amey

Julie Amey

Outgoing CFO · Genesis Energy

Resigned effective 10 April. During her time at Genesis, Amey led the implementation of the new enterprise software system and the Powered Finance transformation programme, alongside positioning the finance function to support delivery of Genesis's growth programme. Genesis has commenced a search for a successor. Source ↗

NZX:GNE 10 Apr 2026 Resigned
JU

John Upperton

Director · New Talisman Gold Mines

Confirmed as a former Director of New Talisman Gold Mines following the 21 April market-update announcement of his retirement. NZX-listed junior gold miner under ticker NTL. Sources: Market Update ↗ · SHINTR ↗

NZX:NTL 22 Apr 2026 Resigned
YW

Yawen Wu

Director · Comvita

Resigned 29 April. Wu was the China Resources representative on the Comvita board, reflecting the manuka honey exporter's strategic focus on the China market. Comvita Chair Bridget Coates thanked her and her alternate Ching Ho (Alfred) Luk for the China Resources contribution to the board. Source ↗

NZX:CVT 29 Apr 2026 Resigned
HM

Hila Mory

Outgoing Chief Quality Officer · Synlait Milk

Resigned 30 April, last day 31 July 2026. CEO Richard Wyeth credited Mory with delivering Synlait's Quality Strategy and the Synlait Care company-wide quality commitment. Successor not named. Announced alongside Bright Dairy's Q1 FY26 report flagging significant Synlait losses, with the Synlait Board having previously withdrawn FY26 financial guidance. Source ↗

NZX:SML 30 Apr 2026 Resigned
Aaron Ridgway

Aaron Ridgway

Independent NED · Enprise Group

Resigned as Independent non-executive Director effective 30 April 2026 to pursue other business interests. Chairperson Nick Paul thanks Ridgway for his pragmatic and energetic approach during his tenure. Enprise Group is NZX-listed under ticker ENS. Source ↗

NZX:ENS 30 Apr 2026 Retired
Christopher Swasbrook

Christopher Swasbrook

Director · New Zealand Rural Land Company

Resigned as Director of NZL and its subsidiaries, effective 5.00pm on 30 April 2026. Swasbrook had been a Director since 11 September 2020, prior to NZL's December 2020 IPO. The Board says he was instrumental in the company's growth and development. NZL continues with three independent directors (Rob Campbell as Chair, Tia Greenaway, Sarah Kennedy) and remains in compliance with NZX Listing Rules. Source ↗

NZX:NZL 30 Apr 2026 Resigned
Andy Coupe

Andy Coupe

Outgoing Independent Chair · Fisher Funds Listed Suite

Retiring as Independent Chair of Kingfish, Barramundi Global, and Marlin Global effective 30 June 2026, after 13 years on the Kingfish board. Announced 24 April alongside Simon Flood's incoming directorship and Fiona Oliver's elevation to Chair. Coupe remains Chair of Television New Zealand and a director of Briscoe Group, with 35 years in capital markets across IPOs and takeovers. Sources: KFL ↗ · BRM ↗ · MLN ↗

NZX × 3 30 Jun 2026 Retiring × 3