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Rangatira boss resigns

Wellington investment company Rangatira’s chief executive, Ian Frame, is to retire at the end of June this year.

Saturday, February 15th 2014, 10:28AM

Chairman David Pilkington said: “Ian has been our chief executive for the past 11 years and has led the business through a period of strong growth and performance. Under his leadership, the value of Rangatira’s assessed asset backing has grown from $102 million to $187 million. In addition, over $70 million of dividends has been paid to shareholders.”

He said the board had begun a process to recruit a replacement.

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