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New chair for Hanover group

David Henry has been appointed chairman the boards of both Hanover Finance and United Finance, as well as Hanover Capital.

Wednesday, March 18th 2009, 2:59PM

He was formerly an executive director and chief financial officer of Fisher & Paykel Industries (prior to the Appliances/Healthcare split) and is a director of a number of private companies.

Among Henry’s initial tasks, he will assist in the recruitment of a second independent director.

Hanover and United also announced they have made the first principal repayment to secured investors under the debt restructure plan.

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