THE CEO of¬†the¬†ACC has quit, probably in disgust, following the purge of the boardroom by Judith Collins. I agree with Fran O’Sullivan in that he shouldn’t have gone:
ACC chief executive Ralph Stewart has become the latest scalp in the fall out from the Bronwyn Pullar fiasco, this morning confirming he is resigning after just eight months in the job.
Mr Stewart’s resignation comes just a day after a boardroom purge at the state owned accident insurer in which chairman John Judge was effectively forced out of his job by ACC Minister Judith Collins, and his deputy John McLiskie and another director Rob Campbell were also told they would not be reappointed.
Mr Stewart said the events of recent days and the departure of Mr Judge and the other directors “has brought me to the point where I have decided to step down as chief executive”.
“I am deeply frustrated that the benefits of the scheme and the great work we do has been overshadowed by recent events.”
“This has been an incredibly hard decision to take and one that I have considered very carefully.”