INDEPENDENT NEWS

West Auckland Trust Services Board Takes 20% Pay Cut For The Next Six Months

Published: Mon 4 May 2020 05:37 PM
Members of the West Auckland Trusts Services Ltd. (WATS) Board, led by Chairman Brian Corban CNZM QSO, have decided to take a 20 per cent pay cut for the next six months.
Mr. Corban said that the Board was following Prime Minister Jacinda Ardern’s lead to show solidarity with those who have been impacted by the effects of Covid-19.
“The impact of Covid-19 will be felt throughout all of New Zealand. This is a small way of standing with those in our West Auckland community who have been affected at this time,” said Mr. Corban.
The 20 per cent pay cut represents an average of $10,000 per Board member for the six months.
In addition, Linda Cooper, President of the Waitakere Licensing Trust and Pam Nuttall, President of the Portage Licensing Trusts have both agreed to take a 20% reduction in their $30,000 annual honorarium for six months.
The majority of the Trusts stores have remained open during the level four lockdown, and in addition to serving locals, The Trusts are focused on what can be done for their local community during this difficult time.
“We have heard from a number of local community groups that they are struggling with the increased load on their services.
“We are working alongside the elected members of the Waitakere and Portage Licensing Trusts to determine how we can best help West Auckland in the short, medium and long term through this crisis,” said Mr. Corban.
The WATS Board of Directors is comprised of nine people. Five are independent directors with commercial experience to complement the four directors appointed from the licensing trusts.The WATS Ltd board comprises:Brian Corban CNZM QSO (Chair) – Independent DirectorCampbell Barbour – Independent DirectorAndrew Bonner – Independent DirectorTim Livingstone – Independent DirectorDianne Williams – Independent DirectorNeil Henderson – On behalf of Portage Licensing TrustMark Roberts – On behalf of Portage Licensing TrustPenny Hulse – On behalf of Waitakere Licensing TrustLynette Adams – On behalf of Waitakere Licensing Trust
About the Trusts
The Waitakere Licensing Trust and Portage Licensing Trust have responsibility for the sale of alcohol in some retail outlets and hospitality venues within a set geographic boundary in West Auckland. Established by a community vote, they are collectively known as The Trusts.
The Trusts are community-owned and governed, with the aim of giving back to West Auckland.
Given the proximity of the two licensing trust districts, the Trusts merged their operational and management functions, such as HR, accounting, marketing and logistics to streamline operations. West Auckland Trust Services Ltd is the management company where these merged functions sit.

Next in Business, Science, and Tech

Tiwai Deal Gives Time For Managed Transition
By: New Zealand Government
SEEK NZ Employment Report - Strong Job Ad Performance In Quarter Four, Job Ads Up 19% On Quarter Three
By: SEEK
2020: New Zealand’s 7th-warmest Year On Record
By: NIWA
Property Market Set To Cool From Sizzling To Warm In 2021
By: Quotable Value New Zealand
View as: DESKTOP | MOBILE © Scoop Media