INDEPENDENT NEWS

Tourism Holdings Limited Director Update

Published: Fri 7 Jun 2013 02:19 PM
NZX | Media Release
TOURISM HOLDINGS LIMITED
Director Update
The board of thl are pleased to announce the appointment of Mr David Neidhart as a non-executive director of the company effective today.
David has a broad background in both investment banking and rental operations. David has spent the last four years with Hertz Rental Car operations in the United Kingdom leading strategy development for the Global business.
Mr Graeme Wong who has been leading the Director nomination and appointment committee said, “We are pleased to be able to appoint another director with diverse experience which will undoubtedly add real value to the mix of the board moving forward.”
Mr Neidhart is a representative of Sterling Grace Corporation which holds 17.3% of the shares in the company and therefore is not classified as independent.
Deepak Gupta a non-executive director and a Sterling Grace Representative from October 2007 to December 2012 announced his resignation from the board effective from the 7th June 2013.
Mr Keith Smith, Chairman of thl said “We thank Deepak for his contribution during his time as a Director of thl”
Further information on Mr Neidhart can be found on the company website.
Authorised by:
Keith Smith
Chairman
Tourism Holdings Limited
ENDS

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