19 Jan 2009
The Chairman of Infratil Limited, Mr. David Newman, today announced that Chief Executive, Lloyd Morrison, will step down from the business for a period of medical leave. Mr. Morrison has been diagnosed with a form of leukaemia and has started treatment.
Mr. Morrison will also take leave of absence from his positions as director of Infratil, TrustPower and Auckland International Airport.
Chief Operating Officer, Marko Bogoievski, has with immediate effect been appointed as Chief Executive for the period of the medical leave. Mr. Bogoievski has also been appointed with immediate effect as a director of Infratil (and determined, for the purposes of the NZX Listing Rules, to be a non-Independent Director).
Mr. Newman commented: "It is important for Lloyd to focus on his health and family. Infratil is very well placed with the strength of its businesses and the depth in the management team. Our thoughts are with Lloyd and his family and I am sure he will fight this illness with the same determination and passion he has shown in the business."
© Copyright Infratil