Westpac NZ Becomes First Bank to Accept Zespri Shares as Lending Security
Westpac NZ has become the first New Zealand bank to receive approval from the Reserve Bank of New Zealand (RBNZ) to secure and leverage kiwifruit growers' Zespri shares.
He takes up a new position as president of the Americas for global berry company Driscoll’s.
Mathieson has been at Zespri for 21 years, almost seven of those as CEO and will remain at Zespri to oversee the 2024 harvest and start of the sales season and until a new CEO is appointed, with the industry poised to deliver one of its largest-ever crops to meet growing demand for Zespri Kiwifruit around the world.
Zespri chairman Bruce Cameron says Mathieson leaves as a world-class CEO who has helped turn Zespri into a leading sales and marketing company and with the industry well positioned to continue to succeed.
“Under Dan’s exceptional leadership Zespri grew sales from almost $2.3 billion in 2016/17 to a peak just over $4 billion in 2021/22 prior to the Covid-19 pandemic, with that growth set to continue in the coming years.
“Through that time he demonstrated his ability to bring talented people together, to set and execute strategy and ultimately to deliver great outcomes for the industry.”
Mathieson says it was a difficult decision to leave but does so confident the industry is well positioned, while also excited by the personal challenge ahead.
“I’m so passionate about this industry. It’s filled with incredible, deeply committed people providing a world-class product and its future is so bright.”
