There was a DCC media release New Directors Announced (23.12.14) in which DCHL’s Mr Crombie stated the new directors would “bring a wealth of experience and ideas to the boards” ….with Mr Cull saying “these appointments will inject new blood and proven skills into our Council company boards and I am confident they will contribute towards meeting Council’s increasing demands on company performance”.
Ah well. Our dear Mr Larsen !!
### ODT Online Wed, 21 Sep 2016
Engineers in receivership
By Simon Hartley
Twelve jobs are under threat at specialist Dunedin engineering company D.C. Ross, after its shareholders placed the company, more than 50 years old, into receivership. The McConnon family of Dunedin, who had a sizeable fortune from dairy interests in the days before and after Fonterra’s formation, are the majority 72.5% shareholders. Their Aorangi Laboratories Ltd holds 1.77million shares, split into five wider, equal, family allocations. D.C. Ross chief executive Peter Deans, a 12% shareholder along with co-director Robert Houliston, also with 12%, confirmed yesterday the Kaikorai Valley Rd company was placed in voluntary receivership, by its shareholders, not creditors. Mr Deans, who has been with the company for almost 18 years, said there had been “poor governance” since the aftermath of the 2007-08 global financial crisis and the company was “left to meander”.
D C ROSS LIMITED (1340666) In Receivership
Incorporation Date: 11 Jul 2003
Registered from 11 Jul 2003 to 14 Sep 2016
Address for service: 570 Kaikorai Valley Road, Dunedin
Pending address change to 188 Quay Street, Auckland Central, Auckland 1010 on 22 Sep 2016
13.4.15 Letter to Editor: DCC not holding DCHL to account
12.2.13 Ditching the big brother thing (mention)
27.3.10 Engineers with long experience
24.9.08 Automotive parts engineer reduces staff level
Posted by Elizabeth Kerr
Election Year. This post is offered in the public interest.