BNT V8 Supertourers Appoints New Chairman And CEO
V8 SuperTourers is pleased to announce that it has appointed the principal of RPM Promotions, Ray Noonan, as its new
Chairman and CEO effective immediately. RPM Promotions is an equity partner in V8 SuperTourers and the official promoter
of the BNT-backed series.
Current Chairman, Chris Abbott said: “I am delighted to welcome Ray on board as we had been actively seeking a suitably
experienced commercial person to take on this role for some time. In my opinion, we have been very fortunate to find
such a person in Ray. I have also, along with Mark Petch the founding director of the company, agreed to stay on as one
of the three directors representing the interests of the cornerstone shareholders.”
Current Managing Director, Mark Petch added: “I am extremely pleased to have someone with the business acumen of Mr
Noonan take over the day-to-day running of the company, which has grown way beyond any of our expectations.
“The Board has asked me to stay on as an Executive Director, providing governance assistance in strategic and technical
matters and I have accepted that new role and look forward to working with the new Board and Ray as our CEO and
Chairman,” added Mr Petch.
Incoming CEO Noonan says that he is extremely excited at the opportunity that BNT V8 SuperTourers presents. “I have
conducted my own due diligence and was pleasantly surprised at the positive level of solvency in such a young company,”
he explained. “I will bring my corporate governance and management experience to implement systems and processes that
will streamline our ‘back office’ functions and alleviate some of the growing pains that the company has experienced.”
Former Acting CEO Didier Debae stays on as V8ST’s Operations Manager, as does Robyn Anderson as the Company’s
Administration Manager. The new Board will appoint a further four directors representing the interest of the franchisee
SuperTourer teams. These appointments will be announced once they have been nominated at the next franchisee meeting on
the 15th of February.
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Picture shows V8 SuperTourer action at Ruapuna. The Board of the series has undergone a restructure ahead of the start
of the 2013 season.
Tickets: www.ticketpros.co.nz
ENDS