AWF: CHANGES TO FINANCE TEAM

NZX Release
20 February 2017
AWF MADISON GROUP LIMITED (NZX: AWF) – CHANGES TO FINANCE TEAM
The Board of AWF has been advised that the Group’s CFO, Nick Williams, has signalled his intention
to resign effective 16 June 2017.
Nick, who joined the Group in 2014, has contributed significantly to the Company’s financial
governance and has been instrumental in, amongst others, the implementing of a centralised payroll
and operational accounting systems. These changes, once fully implemented, will be key factors in
improving the financial reporting regime, from what was in place previously.
Group CEO, Simon Bennett, said that Nick has done a great job in managing the Finance function
through a demanding time of operational and regulatory change, whilst we have experienced
significant growth.
Simon also advised the appointment of Jannine Mountford as CFO-designate, with effect from 27
February. During the transition period, until 16 June, Jannine will assume responsibility for a number
of Group corporate functions which will be incorporated into the CFO function, as part of the
Group’s growth strategy and building internal management capability.
Jannine has many years’ experience in various accounting and financial leadership roles, at senior
levels, both national and international. In her most recent role, she was the CFO/GM Corporate
Services at the New Zealand Rugby Union, where her many and varied achievements included capital
raising, business process improvement, risk management and Human Resource practices across the
NZRU.
“I am thrilled to be working with Jannine; and I look forward to the financial, strategic and
commercial leadership experience she brings to the business at this time”, said Simon.
Ends
Contact: CEO -Simon Bennett +64 21 0368 387
Chairman – Ross Keenan +64 21 685 655