Kiwi Property appoints Kevin Kenrick as Independent Director
Wednesday 29 May 2024
Kiwi Property has appointed Kevin Kenrick as an Independent Director following a Director search conducted by SEQEL Partners.
Kiwi Property is one of New Zealand's largest listed property companies, with a $3.2 billion portfolio that features some of the country's most well-known and highly regarded real estate assets across mixed-use, office, retail, and build to rent properties.
Kevin was previously CEO of TVNZ, CEO of House of Travel and Chief Operating Officer of Telecom NZ. He currently sits on the Board of BNZ and was the Chair of the Advisory Board for Good George Brewing from 2015 to 2023. He has been appointed to the Kiwi Property board effective immediately.
Kiwi Property’s NZX announcement is as follows:
Kevin brings a wealth of strategic transformation experience from the retail, telecommunications, travel, and media industry sectors, which will be invaluable as Kiwi Property continues its evolution into a creator of mixed-use communities.
"We are pleased to welcome a director of Kevin’s calibre to the board," said Kiwi Property Chair, Simon Shakesheff.
"His proven track record and commercial acumen will be an asset to the organisation as we strive to create greater value for our shareholders and the communities where we operate. Kevin has enjoyed an impressive career as a CEO and director, and we look forward to benefitting from his vision and expertise.”
Kevin said he was looking forward to helping guide Kiwi Property through the next phase of its transformation journey. "I am excited to join Kiwi Property's board at this important time in its history. The company’s dedication to developing world-class mixed-use assets aligns with my passion for innovation, strategic leadership and sustainable growth.”
In accordance with NZX Listing Rule 2.6.1, the Board has determined Kevin is an independent director, having had regard to the non-exhaustive factors described in the NZX Corporate Governance Code that may impact director independence.