NZAI Appoints CEO
New Zealand Automotive
Investments Limited
102 Mays Road,
Onehunga,
Auckland, 1061
info@nzautomotiveinvestments.co.nz
nzautomotiveinvestments.co.nz
7 December 2022
Market Announcement
NZX:NZA
NZAI appoints CEO
New Zealand Automotive Investments Limited (NZX:NZA) has appointed Paul Millward as Chief
Executive Officer.
Mr Millward will join NZAI from DB Breweries Limited (Heineken NZ) where he has enjoyed a 12-year
stellar career, most recently as Sales Director NZ since 2017. In this role, Millward was a member of the
executive leadership team, responsible for a team of 130 staff and revenue of circa $750m. Under his
leadership, market share, return on sales and EBIT margins all increased significantly.
Prior to joining DB Breweries, Millward gained extensive experience in sales and finance roles in
FMCG, retail and medical businesses not only in New Zealand, but in England, America and Denmark.
Mr Millward has a proven ability to lead and develop successful teams and build relationships with
customers. He also brings a sharp commercial focus to building brands and market penetration.
NZAI Chair, Michael Stiassny noted Millward’s appointment, saying, “The Board is pleased to welcome
Paul to NZAI. He is focused, ambitious and his sales, marketing and leadership experience in the fast-
paced world of FMCG will translate well to the automotive industry. We are confident he will bring
exceptional strength to the NZAI team.”
Mr Millward joins NZAI on 9 January 2023. Following a thorough handover, Interim CEO Gordon Shaw
will rejoin the NZAI Board as an independent director.
ENDS
This announcement has been authorised by the NZAI Board Chair, Michael Stiassny.
For further information please contact:
Gordon Shaw
Interim CEO
NZ Automotive Investments Limited
Email Gordon.s@nzautomotiveinvestments.co.nz
Mobile 021 199 0331
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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