When will Key act on Muir?

The shareholders of Pumpkin Patch and the Management have realised the problem that is Greg Muir.

Greg Muir will step down as chairman of Pumpkin Patch saying his presence has become a distraction.

Muir’s previous stewardship of Hanover Finance has led to questions over his fitness to chair the children’s clothing chain.

Muir was chairman of Hanover Group from December 2005 to October 2008, meaning he was there when the group froze $554 million of investors’ funds in 2008.

Devon Asset Management principle Paul Glass and Brian Gaynor, a director of Milford Asset Management, both said this week they would not support Muir’s re-election as a director because of his role at Hanover.

If the shareholders of Pumpkin Patch can see the problem then why can’t John Key. Greg Muir is the Chair of Tourism New Zealand, a position essentially appointed by the Minister of Torurism.

That means that Greg Muir is in charge of New Zealand’s biggest export earner, bigger even than dairy.

New Zealand’s adventure activities, unique culture and stunning, diverse natural landscapes attract approximately 2.3 million people each year. Tourism is now New Zealand’s biggest export earner, generating an estimated NZ$6.3 billion in foreign exchange annually

If the shareholders of Pumpkin Patch think Greg Muir is a distraction then why doesn’t the Prime Minister? Can we really risk Tourism New Zealand in the hands of Greg Muir?

Do you want:

  • Ad-free access?
  • Access to our very popular daily crossword?
  • Access to daily sudoku?
  • Access to Incite Politics magazine articles?
  • Access to podcasts?
  • Access to political polls?

Our subscribers’ financial support is the reason why we have been able to offer our latest service; Audio blogs. 

Click Here  to support us and watch the number of services grow.