ANZ names Ben Kelleher to succeed Antonia Watson. Fonterra locks in a market-led structure and adds Jonathan Mason. EROAD shareholders back the Board against an activist challenge.

Chief Executive Officer and Group Executive · ANZ NZ

Appointed ANZ NZ Chief Executive Officer and Group Executive, succeeding Antonia Watson who retires at the end of FY26. Kelleher is currently ANZ NZ Chief Risk Officer. His appointment is subject to a non-objection from the Reserve Bank of New Zealand and other regulatory engagement. Source ↗

Chief Financial Officer · Air New Zealand

Appointed Chief Financial Officer following an international search. Cudmore is currently Air New Zealand’s Infrastructure, Planning and Commercial Lead and has worked with the airline for three years, formally joining at the end of 2025. He held senior finance and transformation roles at Spark and Telstra. Chief Executive Nikhil Ravishankar said he brings finance, commercial and strategic leadership experience. Source ↗

Chief Executive Greater China · Fonterra

Named CEO Greater China under Fonterra’s new permanent leadership structure, accountable for leading its Ingredients and Foodservice businesses across Greater China. The change follows interim appointments made in April and shifts the Co-op from a channel-led to a market-led structure. Announced alongside the Fonterra Shareholders’ Fund. Source ↗

President Global Markets · Fonterra

Named President Global Markets under Fonterra’s new market-led leadership structure, accountable for the Ingredients and Foodservice businesses across Oceania, the Americas, South East Asia, Japan and the Middle East. Part of the permanent structure confirmed after the Mainland Group divestment. Source ↗

Independent Director · Fonterra

Joining the Fonterra Board as an Independent Director on 1 October 2026, chairing the Audit, Finance and Risk Committee and joining the Milk Price Panel. Mason was Fonterra’s Chief Financial Officer from 2009 to 2013 and is currently Chair of the NZUS Council and Dilworth School, an Independent Director of Zespri International, and a member of the University of Auckland Council. Source ↗

Chief Operating Officer · Infratil

Moving from Chief Financial Officer into the newly created role of Chief Operating Officer after two and a half years as CFO, to focus on execution and capital allocation across the portfolio. He retains accountability for capital management and is a director of One NZ and Eon Fibre. Chief Executive Jason Boyes said the changes support Infratil’s ongoing growth. Source ↗

Chief Financial Officer · Infratil

Promoted to Chief Financial Officer, reporting to Andrew Carroll. Ross has served as Deputy CFO since November 2023 and has been with Infratil for over 16 years. He is also a director of Wellington International Airport. Source ↗

Director · Infratil

Appointed to the Infratil Board by Chair Alison Gerry. Fuller is a Melbourne-based governance professional whose current directorships include Washington H. Soul Pattinson, Computershare and Vicinity Centres, with a background in chartered accounting, corporate finance, investment banking, private equity and funds management. The appointment reflects Infratil’s growing Australian portfolio. Source ↗

Director · Infratil

Appointed to the Infratil Board. Banducci brings over 35 years of leadership across retail, consumer, fintech and management consulting, and was Chief Executive and Managing Director of Woolworths Group, where he led a major portfolio transformation. Based in Sydney. Source ↗

Independent Non-Executive Director · KMD Brands

Joining the KMD Brands Board as an independent non-executive director effective 1 July 2026, as part of the company’s board renewal. Strowger was a partner at Chapman Tripp from 1993 to 2022 and is currently Chair of Skellerup Holdings and a director of Sanford. Recruitment for a further non-executive director is ongoing. Source ↗

Chief Information Officer · Westpac NZ

Appointed Chief Information Officer, commencing later this year. Heeley is currently CIO, Banking and Financial Services at Macquarie Group, and previously worked at Nationwide Building Society, Barclays and JP Morgan Chase. He succeeds Scott Collary, who is retiring. Chief Executive Anthony Miller announced the appointment. Source ↗

Independent Chair · Stride Property Group

Appointed independent Chair of the Boards of Stride Investment Management and Stride Property Limited, having joined those boards in June 2025. He succeeds Tim Storey, who resigned. Green was also appointed to the Investore Property Board, where he replaces Storey as a SIML-appointed director. He is lead independent director of EROAD and a director of Westpac New Zealand. Source ↗

Independent Non-Executive Director · Stride Property Group

Appointed an independent non-executive director of Stride Investment Management and Stride Property Limited, effective immediately, and will stand for election at the 2026 Annual Shareholder Meetings. Source ↗

Chief Investment Officer · Stride (SIML)

Appointed Chief Investment Officer of Stride Investment Management, with responsibility for capital partnering, transactions and development. Lilley continues to hold overall responsibility for Industre, Stride’s industrial property fund, and steps down as Investore Fund Manager. Chief Executive Philip Littlewood thanked him for his service in that role. Source ↗

Investore Fund Manager · Stride (SIML)

Appointed Investore Fund Manager, succeeding Adam Lilley. Wilson has been with Stride Investment Management for over eight years, most recently as Head of Corporate Finance and Strategy, with prior roles including Senior Investment Manager. Source ↗

Independent Director · Vital Healthcare Property Trust

Set to be appointed an Independent Director of Vital Healthcare, effective 1 September 2026, following an external review and search. Menhinnitt is a former senior Lendlease executive, including Chief Executive of Lendlease Australia, and is currently a Non-Executive Director of The GPT Group and Chairman of Downer EDI. He will join the People and Culture Committee. Source ↗

Director · PGG Wrightson

Appointed a non-independent director effective 1 July 2026. Allison has more than 45 years in agribusiness across Australasia and internationally, and has been Managing Director and Chief Executive of Elders since 2014, leading its transformation into a pure-play agribusiness. The Board determined him non-independent given Elders is a substantial product holder of PGW. Source ↗

Chair · WasteCo Group

Appointed Chair of WasteCo, effective 17 July 2026, succeeding Roger Gower. Joyce has been a non-executive director since December 2024 and is currently Group Chief Executive of Empire Capital. The Board is recruiting a permanent Chief Executive. Source ↗

Chief People and Capability Officer · Tourism Holdings

Appointed Chief People and Capability Officer, expected to commence in September 2026, based at the Auckland head office. Elsom has held people leadership roles at Vodafone New Zealand, MediaWorks, Warner Bros Discovery New Zealand and Pie Funds New Zealand. Source ↗

Chief Product Officer · Serko

Promoted to Chief Product Officer and a member of the Executive Team, effective immediately. The change accompanies an expanded remit for Chief Operating Officer Matthew Gerrie, who takes on day-to-day operational performance across all functions including commercial, finance, people, technology and product. Source ↗

Chief Executive Officer · TradeWindow

Appointed Chief Executive Officer, having served as Acting CEO since April and previously as TradeWindow’s Chief Operating Officer from 2022. Chair Alasdair MacLeod confirmed the appointment. Source ↗

Director · Comvita

Appointed a non-independent director effective 22 June 2026, nominated by Fraser and Neave following F&N joining the Comvita register as a strategic shareholder with Board representation. Chye is Chief Executive of BeerCo and an Alternate Director on the F&N Board. The appointment is valid until the next Annual Meeting. Source ↗

Managing Director and Group Chief Executive Officer · Ventia

Appointed Managing Director and Group Chief Executive Officer of Ventia, effective 1 September 2026, succeeding Dean Banks after an internal and external succession process. Ralston has spent 12 years at Ventia in executive roles spanning enterprise strategy, M&A, telecommunications and most recently the Defence and Social Infrastructure sector. Ventia is dual-listed on the NZX and ASX. Source ↗

Director · EROAD

Elected a Director of EROAD at the 2026 Annual Shareholders’ Meeting with 66.4 percent support. The meeting also saw shareholders back the Board over an activist challenge: Ampfield-nominated candidates Scott Smith and Steve Hammond were not elected, and Ampfield resolutions to remove directors John Scott and Sara Gifford were both defeated. John Scott remains Executive Chair. Source ↗

Director · EROAD

Elected a Director of EROAD at the 2026 Annual Shareholders’ Meeting with 70.6 percent support. Whiting was an Ampfield nominee whom the Board also recommended for election. Source ↗

Director · Argosy Property

Elected a Director of Argosy Property at the company’s annual meeting. The Board determined him an Independent Director under the NZX Listing Rules. Source ↗

Director · Argosy Property

Elected a Director of Argosy Property at the company’s annual meeting, and determined an Independent Director under the NZX Listing Rules. Source ↗

Independent Non-Executive Director · TruScreen Group

Appointed an independent Non-Executive Director with effect from 3 June 2026. O’Connell is Chairman of Nexsen, a Non-Executive Director of RooLife Group and Funds Manager of the Summit Funds Management Biotechnology Fund. Source ↗

Interim CEO · ArborGen Holdings

Appointed interim Chief Executive Officer following the resignation of Justin Birch, pending a permanent appointment. Cumbie is ArborGen’s VP of Product Development, joined in 2010 and has more than 23 years of forestry industry experience. Source ↗

Independent Director · Rua Gold

Appointed an independent director, nominated by Siren Gold as its board nominee. Kingcott has more than 15 years of financial and commercial analysis experience across Canada and New Zealand, and is Managing Director and Portfolio Manager of Zeta Resources within ICM. The appointment accompanies the resignation of Brian Rodan from the Board. Source ↗

Chairman of the Audit Committee · Henderson Far East Income

Succeeded Nicholas George as Chairman of the Audit Committee, with effect from 11 June 2026. Wilderspin joined the Board as a director on 5 June 2025. Henderson Far East Income is a Janus Henderson investment company listed on the NZX. Source ↗

Chief Executive Officer and Group Executive · ANZ NZ

Retiring as ANZ NZ Chief Executive Officer and ANZ Bank Group Executive, finishing on 30 September 2026. Watson has been with ANZ NZ since 2009 and Chief Executive since 2019. She will be succeeded by Chief Risk Officer Ben Kelleher, subject to Reserve Bank non-objection. Source ↗

Chairman · KMD Brands

Resigning as a director and Chairman of KMD Brands effective 1 July 2026, after more than 12 years as Chairman. Chair Philip Bowman thanked him for his service. His departure accompanies the board renewal that brings in John Strowger. Source ↗

Chief Strategy and Transformation Officer · Mercury

Resigned and will leave Mercury at the end of July 2026. Chief Executive Stew Hamilton said Neustroski made a significant contribution over five years, most notably leading the Trustpower integration that created New Zealand’s largest electricity retailer. Source ↗

Chief Information Officer · Westpac NZ

Retiring as Chief Information Officer later this year, as previously announced. He is succeeded by Richard Heeley, who joins from Macquarie Group. Source ↗

Chair and Director · Stride Property Group

Resigned as Chair and Director of Stride Investment Management and Stride Property Limited, having served as Chair since 2009, and retired as the SIML-appointed director on the Investore Property Board. He is succeeded by David Green across both. Source ↗

Chief Executive Officer · ArborGen Holdings

Resigned as Chief Executive Officer after three years in the role. The Board has begun a structured process to appoint a permanent CEO, with Patrick Cumbie serving as interim CEO. Source ↗

Non-Executive Director · TradeWindow

Resigned as a Non-Executive Director, effective 11 June 2026, advising that he intends to sell the balance of his shareholding. Chair Alasdair MacLeod thanked him for his contribution. Source ↗

Chair · WasteCo Group

Stepping down as Chair and as a director effective 17 July 2026, having served since the company’s NZX listing in December 2022. Gower continues as Interim Chief Executive while the Board recruits a permanent CEO. He is succeeded as Chair by Sean Joyce. Source ↗

Managing Director and Group Chief Executive Officer · Ventia

Departing as Managing Director and Group Chief Executive Officer ahead of 1 September 2026 after five years leading Ventia, supporting an orderly transition to successor Mark Ralston. Source ↗

Director and Chairman of the Audit Committee · Henderson Far East Income

Retired as a director and Chairman of the Audit Committee with effect from 11 June 2026. He is succeeded as Audit Committee Chairman by Steven Wilderspin. Source ↗

Independent Director · Rua Gold

Resigned from the Board of Directors. His departure accompanies the appointment of Tristan Kingcott as an independent director. Source ↗

Chair and Chief Executive Officer · Winton Land

Taking leave as Chief Executive for health reasons, effective immediately, having informed the Board on 24 June 2026. The senior leadership team will continue to deliver on Winton’s plans. Source ↗

Director · Stride Property Group

Giving notice of her retirement from the Stride Investment Management and Stride Property Limited Boards, effective at the close of the Annual Shareholders Meetings on 8 July 2026. Tierney has been a director of both since 17 July 2014. Following her retirement the Boards remain entirely independent non-executive. Source ↗

Independent Director · Steel & Tube Holdings

Has elected not to stand for re-election at the conclusion of his current three-year term, at the annual meeting expected in November 2026. Reindler joined the board on 28 August 2017, completing a nine-year tenure that included oversight of the People and Culture committee. The Board will run a search for a replacement. Source ↗

Director · EROAD

Did not stand for re-election and stepped down from the EROAD Board at the conclusion of the 2026 Annual Shareholders’ Meeting, after six years. The Board thanked him for his contribution. Source ↗

Director · Port of Tauranga

Concluding service as the Quayside Holdings appointee to the Port of Tauranga Board, effective 30 September 2026, as Quayside’s independent directors conclude their service. Quayside, the investment arm of the Bay of Plenty Regional Council, owns 54.14 percent of Port of Tauranga. Source ↗

Director · TruScreen Group

Retired as a Director as foreshadowed on 1 April 2026, after 13 years on the board. His retirement accompanies the appointment of Reece O’Connell as an independent Non-Executive Director. Source ↗