Leadership structure

®
is a registered Trade Mark of Wellington Drive Technologies WT 9398

Wellington Drive Technologies Ltd
P: +64 9 477 4500 E: info@wdtl.com
21 Arrenway Drive, Rosedale, Auckland 0632
PO Box 302-533 North Harbour, Auckland 0751, New Zealand
www.wdtl.com
5 June 2020
Market Announcement
For immediate release

Wellington Drive Technologies Leadership Structure
As part of a COVID related operational review and given ongoing related travel and country restrictions and
disruption to the world economy, the Board and CEO believes the company requires increased operational,
technical and business leadership in New Zealand.
To deliver these objectives the Board is putting in place an enhanced oversight structure to strengthen the
management of its day-to-day New Zealand operations. Gottfried Pausch, currently a non-Executive
director, will assume a two day a week interim role as Auckland-based Executive Director. Greg Allen
continues as Group CEO, reporting to the board, maintaining responsibility for leadership of the global
Wellington organisation and the company’s overall results. Gottfried will be working with Greg, who is
based in Vancouver, Canada, to ensure the business is managing well through the COVID period and has
the right strategy to grow. Gottfried will work with the New Zealand-based management team to ensure the
company’s supply chain, engineering, sales and marketing and product strategies are adapting as
necessary to deliver the right results.
CEO, Greg Allen commented “I am pleased to have the support of Gottfried in an increased capacity as we
navigate this post COVID world. His experience in managing large global growth companies in the tech
space will help my team and I come up with new ideas and improved operating strategies that we can use
to continue our strong track record.”
This structure is intended to operate as an interim arrangement until Wellington has clarity around its post-
COVID business outlook, or travel restrictions begin to be lifted allowing the CEO and managers to spend
more time in global offices and with the company’s global customers. Gottfried is contracting on arm’s
length commercial terms and as a result of this interim arrangement is no longer considered by the board to
be an independent director.
Chairman, John McMahon commented “The board believes that strengthening local New Zealand
leadership with Gottfried in an interim Executive Director role is important as Wellington revises it strategies
to resume growth following the COVD crisis. We are confident that Gottfried and Greg, working closely
with the board and management, will develop and execute the strategies that will recover and strengthen
the company’s performance.”
About Wellington Drive Technologies:
Wellington is a leading provider of IoT solutions, cloud-based fleet management platforms, proximity
marketing solutions, energy-efficient electronic motors and connected refrigeration control solutions. It
serves some of the world’s leading food and beverage brands and refrigerator manufacturers and offers
proximity-based marketing solutions for global food and beverage brands as well as Smart City projects in
the Australian market. Wellington’s products and services improve sales, decrease costs and reduce
energy consumption. Headquartered in Auckland with a global reach, Wellington is listed on the New

WT 9398

Zealand stock exchange under the ticker symbol NZ:WDT
For further information visit www.wdtl.com

Contact:
Greg Allen John McMahon
Chief Executive Officer Chairman
Phone +1-778-238-6494 +61-(0)410-411 806