A quieter month on the NZX, but not at Bremworth, where most of the board changed while a takeover offer was on the table.

Independent Chair · Winton Land Limited

Winton Land's new independent chair from 2 September. Stiassny has more than 40 years in financial advisory, governance and capital markets and already chairs NZX-listed 2 Cheap Cars and Being AI. He also chairs the nomination and remuneration committee while the board looks for more independent directors, a permanent chief executive and a new CFO. Announcement source for Michael Stiassny, Winton Land Limited — Source ↗

Independent, Non-Executive Director · Booster Innovation Fund

Joins the board of Booster Investment Management from 30 September. Booster manages both the Booster Innovation Fund and the Private Land and Property Fund. Hiatt is a Senior Legal Adviser at Chapman Tripp, was previously General Counsel at FirstCape and has held governance roles in funds management for the past 10 years. Announcement source for Nichola Hiatt, Booster Innovation Fund — Source ↗

Non-executive Chair · RTO Limited

Elected non-executive chair of RTO from 15 September, taking over from Sean Joyce. Announcement source for Hao (Howard) Long, RTO Limited — Source ↗

Independent Director / Chair of Audit, Finance and Risk Committee · RTO Limited

New independent director at RTO from 15 September and chair of the Audit, Finance and Risk Committee. Announcement source for Hao (Howard) Long, RTO Limited — Source ↗

Director · WasteCo Group Limited

Nominated himself for the WasteCo board and was elected an additional director at the annual meeting on 22 September. Announcement source for Justin Marshall, WasteCo Group Limited — Source ↗

Independent Director · Bremworth

One of two new Bremworth directors from 25 September, and the independent one. Knowles had a 36-year career in professional services, including time as a senior partner and board member at KPMG New Zealand, and has chaired Yachting New Zealand. He stands for election on 19 November. Announcement source for David Ferrier, Bremworth — Source ↗

Director · Bremworth

Takes a Bremworth board seat from 25 September as the man behind the partial takeover offer. He is the sole director and shareholder of Mangawhai Collective, the substantial shareholder making the offer, so the board has not classed him as independent. Ferrier is also a director and major shareholder of WoolWorks New Zealand and stands for election on 19 November. Announcement source for David Ferrier, Bremworth — Source ↗

Chair of the Board · Booster Innovation Fund

Now chairs Booster Investment Management, the manager of the Booster Innovation Fund, in place of John Selby. The same 25 September document confirmed Nichola Hiatt's appointment to the board. Announcement source for John Selby, Booster Innovation Fund — Source ↗

Independent Director · Chorus Limited

Chorus's newest independent director from 1 October, with a seat on the People, Performance and Culture Committee. He brings more than 30 years in executive and board roles across listed companies, private equity, venture-backed businesses and state-owned enterprises, and stands for election on 4 November. Announcement source for Jack Matthews, Chorus Limited — Source ↗

Alternate Director · Bremworth

Appointed alternate director to David Ferrier on the Bremworth board from 1 October. The board has not counted him as independent because of his connection with David Ferrier. He is a director and shareholder of private companies ranging from industrial packaging and wool through to technology, property and retail. Announcement source for Henry Ferrier, Bremworth — Source ↗

Chief Operating Officer - Generation · Mercury NZ Limited

Leaving Mercury at the end of the year, retiring as Chief Operating Officer Generation after joining in 2025. Chief executive Stew Hamilton credited him with strengthening the way Mercury operates and maintains its generation assets. No successor named yet. Announcement source for Kevin Taylor, Mercury NZ Limited — Source ↗

Independent Director · Bremworth

Left Bremworth at close of business on 25 September, one of three independent directors who said it was time to let the board transition for the company's next phase. Announcement source for Murray Dyer, Bremworth — Source ↗

Independent Director · Bremworth

Stepped down from Bremworth on 25 September alongside Trevor Burt and Murray Dyer. Chair Rob Hewett, who stays on, thanked all three for the professionalism and integrity they brought to the board. Announcement source for Murray Dyer, Bremworth — Source ↗

Independent Director · Bremworth

Gave notice on 10 September that he would go once Bremworth's FY26 annual report was out, and left the board on 25 September. Announcement source for Murray Dyer, Bremworth — Source ↗

Director · Winton Land Limited

Resigned from the Winton Land board from 14 September, having stepped down as chief executive and chair in July. New chair Michael Stiassny said the decision lets the board focus on the business without distraction. Announcement source for Chris Meehan, Winton Land Limited — Source ↗

General Manager Corporate Services · Winton Land Limited

Resigned as General Manager Corporate Services at Winton Land on 15 September, the day after Chris Meehan left the board. Winton is running an external search. Announcement source for Justine Hollows, Winton Land Limited — Source ↗

Chief Financial Officer · Serko Limited

Finishes as Serko's CFO in March 2027 after more than five years. He joined in October 2021 and is staying through a six-month notice period to see the FY27 reporting through. The search for his replacement is under way. Announcement source for Shane Sampson, Serko Limited — Source ↗

CEO · Accordant Group Limited

Plans to retire as Accordant's CEO towards the end of FY27 and focus on his non-executive work. He has run the business since 2021. Chair Simon Bennett said the search has started and the board has time for an orderly handover. Announcement source for Jason Cherrington, Accordant Group Limited — Source ↗

Chief Executive Officer · General Capital Limited

Retires as General Capital's CEO on 30 June 2027, stepping down as managing director of General Finance at the same time. Chairman Rewi Bugo said total assets have grown from $12 million to more than $300 million over his eight years. The board is looking for a successor. Announcement source for Brent King, General Capital Limited — Source ↗

Independent Chair · RTO Limited

Did not stand for re-election and retired as RTO's independent chair at the end of the annual meeting on 15 September. James Law takes over. Announcement source for Sean Joyce, RTO Limited — Source ↗

Non-executive Director · Downer EDI Limited

Retired from the Downer board on 14 September for personal reasons, less than a year after joining in November 2025. She sat on the People and Culture, Project Governance and Nominations committees. Announcement source for Annette Carey, Downer EDI Limited — Source ↗

Director · Foley Wines Limited

Leaves the Foley Wines board at the November annual meeting after 14 years. He came on in September 2012 and has invested with Bill Foley in majority shareholder Foley Holdings since 2009. The board will review its make-up once the meeting is done. Announcement source for Tony Anselmi, Foley Wines Limited — Source ↗

Chair of the Board · Booster Innovation Fund

Handed the chair of Booster Investment Management to fellow director Dianne Day, a change set out in a supplementary offer document for the Booster Innovation Fund on 25 September. Announcement source for John Selby, Booster Innovation Fund — Source ↗

Director · Chorus Limited

Retiring from the Chorus board, with chairman Mark Cross describing Paul Reid's appointment as part of the succession for his seat. Announcement source for Jack Matthews, Chorus Limited — Source ↗

Director · Auckland Airport

Steps down from the Auckland Airport board at the annual meeting on 22 October, having joined in April 2018. Chair Julia Hoare said his experience delivering large infrastructure projects had been valuable as the airport works through its building programme. A search for a new director has started. Announcement source for Mark Binns, Auckland Airport — Source ↗