Mainfreight has announced its chief financial officer, Tim Williams, will be stepping down following the company’s year-end result in June 2024.
Williams has been CFO since the acquisition of Daily Freightways in 1994 and, prior to that, held various finance roles for Daily Freightways since 1984.
“A total of 40 years of dedicated and loyal, blemish free, service to our company. Tim played an integral role during the public listing of Mainfreight in 1996 and has held the CFO position ever since,” chief executive Don Braid says.
“Tim has developed a very capable and professional accounting team around the world and therefore, we have been able to promote internally for the CFO role.”
Graeme Illing, New Zealand financial controller, will assume the role of CFO following Williams’ departure.
Illing started with Mainfreight in May 2000 and will transition to the role over the next seven months.
“We are extremely grateful and proud to have had Tim with us during our journey and we acknowledge his tremendous contribution over this time. Tim is held in high regard by us all, team members and the market alike.
“He retires with a huge vote of thanks for all he has accomplished for us,” Braid says.
