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Tower Limited board of directors
7 current directors, 57% independent, average tenure 4.2 years.
| Director | Role | Independent | Appointed | Tenure | Committees |
|---|---|---|---|---|---|
| Paul Johnston | Executive Director | No | 2025 | 1.3 yrs | — |
| Naomi Ballantyne | Chair | Yes | 2025 | 1.4 yrs | — |
| Mike Cutter | Independent Director | Yes | 2023 | 2.9 yrs | — |
| Angus Shelton | Independent Director | No | — | — | — |
| Graham Robert Stuart | Independent Director | Yes | 2012 | 14.3 yrs | — |
| Geraldine McBride | Independent Director | No | 2022 | 4.0 yrs | — |
| Marcus Nagel | Independent Director | Yes | 2025 | 1.4 yrs | — |
TWR governance score breakdown
Tower Limited scores 83/100 (Good) on the NZXplorer Governance Risk Score for FY2026, based on 63% data coverage. See the GRS methodology.
- Board structure
- 21/25
- Shareholder rights
- 18/20
- Executive remuneration
- 0/0
TWR dividends
The most recent Tower Limited dividend on record is 14.50 cents per share, for FY2025 (annual).
Tower Limited largest shareholders
Top 10 registered holders of TWR as disclosed for FY2025. Registry holdings include custodians and nominees, which may hold on behalf of many underlying investors.
| # | Holder | Holding |
|---|---|---|
| 1 | HSBC Nominees (New Zealand) Limited – NZCSD <Hkbn90> | 0.10% |
| 2 | Accident Compensation Corporation – NZCSD <Acci40> | 0.08% |
| 3 | Pacific International Insurance Pty Limited | 0.06% |
| 4 | Forsyth Barr Custodians Limited <1-Custody> | 0.06% |
| 5 | Citibank Nominees (New Zealand) Limited – NZCSD <Cnom90> | 0.05% |
| 6 | BNP Paribas Nominees (Nz) Limited – NZCSD <Bpss40> | 0.05% |
| 7 | Custodial Services Limited <A/C 4> | 0.04% |
| 8 | Masfen Securities Limited | 0.04% |
| 9 | Lennon Holdings Limited | 0.03% |
| 10 | HSBC Nominees A/C NZ Superannuation Fund Nominees Limited – NZCSD <Supr40> | 0.03% |
Recent TWR NZX announcements
The 10 most recent filings by Tower Limited to the NZX.
- Tower completes renewal of FY27 reinsurance programmeOperational Update
- Appointment of Jefferson Gibbs to Tower BoardDirector Appointment
- Appointment of Sophie Haslem to Tower BoardDirector Appointment
- SPH Notice - Forsyth Barr Investment Management LimitedSubstantial Holder Notice
- Tower appoints Len Elikhis as Chief Financial OfficerDirector Appointment
- Tower AUD FX rate for Financial year 2026 Interim DividendDividend
- Notification of Cessation of SecuritiesCapital Change
- Appendix 3A.1General
- Tower reports strong HY earningsHalf Year Results
- AM Best affirms Tower Limited's A-(Excellent) FSRCredit Rating
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