After 13 years in the role of chief executive for PrimePort, Jeremy Boys has called time on his tenure with the company.
The Timaru Herald reports that move comes just days after Boys announced the disestablishment of 16 positions at PrimePort but the creation of a similar number.
Boys says his move is for positive reasons and the decision to step down was not one easily done.
“I think its been a pretty good ship and a great time. It is an ideal time to someone new guide the port through a very exciting period ahead and a strong future, assured by the alignment with the Port of Tauranga,” he says.
PrimePort chairman Roger Gower told the Timaru Herald says a key focus for the company was to fill Boy’s position before recruiting for a newly established role of commercial manager.
Timaru District Holdings Ltd (TDHL) chairman Damon Odey told the Timaru Herald that Boys had served PrimePort well.
“I think he’s walking away with pretty big challenges put to bed and has set the port up nicely.”
The Port of Tauranga invested $21.6 million in a 50% share of PrimePort Timaru last year, and will lease the container terminal for up to 35 years.
TDHL holds 50% of PrimePort after TDHL bought 21% of TDHL’s stake the remaining 29%, previously held by a private consortium.
