Appointment of new CFO

Dec 14 2018

New Zealand freight and logistics company, TIL Logistics Group Limited (NZX: TLL), is pleased to announce the appointment of Lee Banks as Chief Financial Officer from 1 January 2019, replacing long-standing CFO, Greg Whitham, who has advised of his intention to retire.

Lee has been with TIL Logistics Group since 2013 and is currently Group Financial Controller. Alongside Greg, she was an integral part of the reverse listing process in 2017. Lee is an experienced, senior financial executive who has held international roles in the USA and Australia, in both the service and manufacturing sectors. She holds a Bachelor of Business Studies with a major in accounting.

Greg was one of the original partners in the company, after joining TIL in 1984 and becoming a part owner in 1989. He has been Chief Financial Officer since 1996. He will continue working with TIL Logistics for a short period to ensure a smooth transition.
CEO of TIL Logistics, Alan Pearson, thanked Greg for his lengthy contribution and efforts on behalf of the company. “Greg has been an integral part of establishing TIL Logistics as the leading company it is today, working closely with the executive team over the years to expand the scale and breadth of the business and the services it offers. We wish him all the best for his retirement.

“I am delighted to welcome Lee to the role of CFO. She has been involved in all areas of TIL’s financial management, from acquisitions and mergers through to the reverse listing and moving to the listed company reporting framework. Her appointment provides a continuity of knowledge and expertise and is line with our policy to develop and upskill people across our company.”