Bruce Davidson has been appointed chairman of Calan Healthcare Properties Limited. Davidson was chairman of CDL Hotels New Zealand Limited for more than 10 years and chaired associated public companies CDL Investments New Zealand Limited and Kingsgate International Corporation Ltd. He is presently chairman of Telco Asset Management Limited, MEC Distributors Ltd, Realtor Investments Ltd, and the Registration Board of the Property Institute of New Zealand. Current directorships include The Auckland Trotting Club Inc., Waimangu Volcanic Valley Ltd, and Real ENZ Limited.
He is a partner of law firm Phillips Fox.
Tim Saunders has been appointed non-executive director, Calan Healthcare Properties Limited. He will also assume the role of chairman of the audit committee. Saunders is a partner in Northington Partners Limited, an investment banking firm in Auckland.
A Fellow of the Institute of Directors (NZ) Inc., Mr Saunders is currently Chairman of Feltex Carpets Limited and Solid Energy New Zealand Ltd. He is also a director of a number of companies including Contact Energy Limited, AFFCO Holdings Limited, Capital Properties New Zealand Limited, Challenger International (New Zealand) Ltd, and Pyne Gould Corporation Ltd.
Mr Saunders has been a member of a number of government advisory boards. He chaired the Electricity Reform Transition Unit and was an adviser to New Zealand Treasury from 1987 to 1996. His experience encompasses corporate governance, corporate strategy, public sector reform, and economic and financial analysis.
The appointment of Mr Davidson and Mr Saunders follows the retirement of Mr Neville Darrow, Chairman and Mr David Sadler, Non-Executive Director, effective 30 June 2002.
