Weldon to leave NZX in 2012
Mark Weldon will step down as NZX chief executive in the first half of next year, after nearly 10 years in the role.
Mark Weldon will step down as NZX chief executive in the first half of next year, after nearly 10 years in the role.
"Mark has effectively been founder, as well as leader, of NZX, as we now know it, since 2002. Under his stewardship, NZX has grown from a small and threatened mutual exchange to a thriving information, markets and infrastructure business, with a range of integrated business lines, a healthy balance sheet and a valuable set of options for future growth," NZX chairman Andrew Harmos said when announcing Mr Weldon's decision.
"Following the successful execution of NZX's second five-year strategic plan, Mark has indicated that the time is now right for him to leave the company. The Board respects his decision. We have been privileged to have someone with that amount of talent, energy and commitment as the driving force behind NZX's first critical decade.
Mr Weldon said he had been privileged to have led NZX, working with "wonderful, talented and passionate people who care deeply about our markets and the companies that depend on them to grow".
"Although it's been a very tough decision to leave, I know it's the right time. The organisation is in such good shape, with momentum building that will provide a positive working environment for the next CEO," he said.
He made no comment on his plans after NZX.
NBR staff
Thu, 06 Oct 2011
Thu, 06 Oct 2011
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Weldon to leave NZX in 2012
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