New Zealand Herald, 17 December 2019 – Sir John Key will step down from the board of Air New Zealand on March 31, the company says.
Chair Dame Therese Walsh says Key indicated earlier this year that 2020 would possibly be his last as a director due to increasing commitments on his professional time in New Zealand and overseas.
Key is also chair of ANZ New Zealand and also sits on the ANZ Group board.
In October, Reserve Bank governor Adrian Orr said he was considering stopping New Zealand bank directors from being on the boards of both the New Zealand arm and their Australian parent company.
Key also sits on the board of US cybersecurity giant Palo Alto Networks and was recently hired by private tutoring company Crimson as an “advisory member” of its board.
Walsh says Key has made a significant contribution to Air New Zealand.
“Sir John’s outstanding commercial acumen, international perspectives and stakeholder network have been incredibly valuable to Air New Zealand and we are fortunate to have had him as a member of our board,” she says.
Key said in a statement it was not an easy decision to step down from Air New Zealand.…read more
