Edition:
United States

Argosy Property Ltd (ARG.NZ)

ARG.NZ on New Zealand Stock Exchange

1.04NZD
21 Sep 2017
Change (% chg)

$0.00 (+0.48%)
Prev Close
$1.03
Open
$1.03
Day's High
$1.04
Day's Low
$1.03
Volume
276,409
Avg. Vol
796,452
52-wk High
$1.12
52-wk Low
$0.96

Summary

Name Age Since Current Position

Philip Smith

2002 Independent Non-Executive Chairman of the Board

Peter Mence

2012 Chief Executive Officer

Dave Fraser

Chief Financial Officer

Scott Lunny

2013 Investor Relations Manager

Peter Brook

Independent Non-Executive Director

Mark Cross

2012 Independent Non-Executive Director

Andrew Evans

2007 Independent Non-Executive Director

Chris Hunter

2013 Independent Non-Executive Director

Jeff Morrison

2013 Independent Non-Executive Director

Biographies

Name Description

Philip Smith

Mr. Philip Michael Smith is Independent Non-Executive Chairman of the Board of Argosy Property Ltd. He was employed by Lion Nathan Limited for 29 years. During that time, he held a number of senior executive positions with the Lion Nathan Group and was a director of the parent company for 16 years. Mr Smith is a director of a number of companies, including Greymouth Petroleum Limited, Maui Capital Indigo Fund Limited and Maui Capital Aqua Fund Limited. His previous directorships/trusteeships include Lion Nathan Limited, The Lion Foundation, Fonterra Co-operative Group Limited, Auckland International Airport Limited, OnePath Holdings (NZ) Limited and Fisher & Paykel Healthcare Corporation Limited. Mr Smith holds a Master of Commerce degree from The University of Auckland and is a Graduate of the Program for Management at Harvard Business School. He is also a member of the Institute of Directors in New Zealand.

Peter Mence

Mr. Peter Mence is Chief Executive Officer of Argosy Property Ltd. Peter is the Chief Executive Officer of Argosy Property Limited. An engineer by background, he has 35 years of experience in the property industry working with Progressive Enterprises, Challenge Properties, Richard Ellis and Green & McCahill. Peter joined Armstrong Jones (NZ) in 1994 and was appointed General Manager of Argosy (then known as ING Property Trust) in 2007. Instrumental in the rebranding and internalisation of the Company’s management, he was appointed Chief Executive of the business in 2009. Peter is a fellow of the Property Institute, is a past lecturer in Advanced Property Management at The University of Auckland and is the current President of the Property Council of New Zealand. In 2013, he was honoured with the Stuart McIntosh award in recognition of his contribution to the University.

Dave Fraser

Mr. Dave Fraser is an Chief Financial Officer of Argosy Property Ltd. He joined the team in 2011 and was originally responsible for the planning and execution of the management internalisation and Argosy’s corporatisation. He now oversees the financial and corporate activities of the Company. Dave has spent over 28 years in senior financial and general management roles both in New Zealand and overseas, including six years in Japan as a senior vice president with the Jupiter Group. He has broad experience in strategic and operational planning, business development, debt restructures, equity raisings, and mergers and acquisitions. In addition to being a qualified Chartered Accountant, Dave has Bachelor of Commerce and Master of Business Administration degrees from The University of Auckland.

Scott Lunny

Mr. Scott Lunny is Investor Relations Manager of Argosy Property Ltd. He has been with Argosy Property Limited since July 2006 and has over 18 years’ experience in the banking, managed funds and property industries, gaining considerable expertise in all aspects of financial reporting, treasury, tax management and investor relations. Prior to joining Argosy, Scott spent two years in the UK working for various fund managers and five years in the managed funds division of ING New Zealand. Scott is a Chartered Accountant and has a Bachelor of Business Studies degree and a Postgraduate Diploma in Business and Administration, majoring in Finance, both from Massey University.

Peter Brook

Mr. Peter Clynton Brook is Independent Non-Executive Director of Argosy Property Ltd. He has 20 years’ experience in the investment banking industry, retiring in 2000 to pursue his own business and consultancy activities. He is presently Chairman of BurgerFuel Worldwide Limited, Trust Investments Management Limited and Generate Investment Management Limited. Mr Brook is also a trustee of the Melanesian Mission Trust Board, a member of the Institute of Finance Professionals New Zealand Inc. and a director of several private companies. Mr Brook holds a Bachelor of Commerce degree from The University of Auckland and is a member of the Chartered Accountants Australia and New Zealand.

Mark Cross

Mr. Mark Cross is Independent Non-Executive Director of Argosy Property Ltd. He has more than 20 years’ experience in investment banking, holding senior positions in New Zealand, Australia and the United Kingdom. He is currently chairman of Milford Asset Management Limited and MFL Mutual Fund Limited/Superannuation Investments Limited, and a director of Genesis Energy Limited, Z Energy Limited, Chorus Limited, Triathlon New Zealand Inc. and other private companies in which he is an investor. Mr Cross holds a Bachelor of Business Studies degree from Massey University. He is a member of Chartered Accountants Australia and New Zealand and the Institute of Directors in New Zealand.

Andrew Evans

Mr. Andrew Hardwick Evans is Independent Non-Executive Director of Argosy Property Ltd. He has more than 25 years' experience in commercial real estate and asset management, previously holding executive positions in listed and unlisted real estate investment businesses. He is a director of Vital Healthcare Management Limited, Holmes Group Limited, Holmes GP Fire Limited, Trust Investments Management Limited, Hughes and Cossar Group Holdings Limited, Infinity Investment Group Limited and Westbrooke Capital Partners Limited. In addition, Mr Evans is a past national president of the Property Council of New Zealand, a foundation member of the Property Institute of New Zealand, a government appointee to the Land Valuation Tribunal (Waikato No.1) and is a trustee of the Marist Brothers Rugby Charitable Trust. Mr Evans is a Chartered Fellow of the Institute of Directors and is on the Auckland Branch Committee. He has Bachelor of Business Studies and Master of Business Administration (with distinction) degrees from Massey University and a Graduate Diploma in Finance from The University of Auckland.

Chris Hunter

Mr. Chris Hunter is Independent Non-Executive Director of Argosy Property Ltd. He has extensive commercial property experience including more than 25 years’ in New Zealand’s construction industry, most recently as the Chief Executive Officer of Hawkins Construction and he has recently invested in NZ Strong Group. Over the past 20 years he has been associated with more than $10 billion of developments across industrial, commercial, retail, residential and infrastructure sectors. Mr Hunter currently has a portfolio of business investments and is active in the property development sector. Mr Hunter is a member of the New Zealand Institute of Quantity Surveyors, a fellow of the Royal Institute of Chartered Surveyors and holds a Master of Business Administration degree from Massey University.

Jeff Morrison

Mr. Jeff Morrison is Independent Non-Executive Director of Argosy Property Ltd. He has 39 years’ of experience as a property lawyer, 29 of them as a commercial property partner at Russell McVeagh, and now practises on his own account. Mr Morrison is a trustee of the Spirit of Adventure and other charitable trusts and holds a number of private company directorships. Mr Morrison is a qualified lawyer with a Bachelor of Laws degree from The University of Auckland. He is also a member of the Institute of Directors in New Zealand.

Basic Compensation

Name Fiscal Year Total

Philip Smith

155,000

Peter Mence

--

Dave Fraser

--

Scott Lunny

--

Peter Brook

87,500

Mark Cross

95,000

Andrew Evans

75,000

Chris Hunter

75,000

Jeff Morrison

77,500
As Of  30 Mar 2017