The board of Gough Holdings Limited has confirmed a new chairman for the group – following the retirement of its incumbent after six years.
Keith Taylor will become chairman, replacing Jim Sheed. Family member Ben Gough has taken the deputy chair role.
Taylor is currently chairman of the Government Superannuation Fund and Spiers Group Limited, a director at Port Marlborough Limited, Reserve Bank of New Zealand and Southern Cross Medical Society and was formerly managing director of Tower Limited.
Taylor has been a member of the Gough Group board for the past five-and-a-half years.
Gough is currently general manager strategic development for the Gough Group and is co-dealer principal of the Caterpillar dealership alongside group chief executive officer, Karl Smith.
He is a third generation family member and grandson of the late Tracy T Gough, the founder of the group.
A successful businessman outside of the family business, Gough is the majority shareholder of the Gough Group and also holds directorships in Tailorspace Investments Limited, HCG Group Limited and Tin Roof Properties Limited.
Sheed, who has been a director of the Gough Group for seven years, was previously managing director of the company. Following this role he was appointed managing director and ceo of Hastings Deering (Australia) Limited, the Queensland Caterpillar dealership and part of the wider Sime Darby SDN Berhad group of Malaysia.
He also undertook a number of professional directorship roles within Australia and New Zealand.
Sheed commenced with Gough Group in August 1973 and has contributed enormously to the group in both management and governance roles for over 26 years.
