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Air NZ's new chief nets free shares

Greg Foran got an $822,000 stake on his first day in the job.

Air New Zealand’s new chief executive has netted a bunch of free shares in the listed airline company.

A notice to the NZX today shows Greg Foran, who began the role a week ago, was issued 293,840 rights at no cost on February 3. These will convert to shares on satisfaction of certain terms,

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Calida Stuart-Menteath Mon, 10 Feb 2020
Contact the Writer: calida@nbr.co.nz
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