Mr Beech said the man did not appear to be in terrible pain, a common result of stingray wounds.
"He wasn't too bad actually. I think he was more worried about what would happen in regard to the toxin barbs can carry.
"He was conscious and talking to us for a while."
The man was taken to Tauranga Hospital.
His friend was left to clean up the boat.
A hospital spokesman said the man was in a "comfortable" condition yesterday. The man declined to talk to media.
Last Thursday 40-year-old Aucklander fisherman Peato Ilalio died after jumping into the sea to retrieve his fishing rod and tackle after a stingray pulled it into the water.
Mr Ilalio is presumed to have drowned after disappearing about 200m from shore while fishing from Kauri Point wharf, north of Katikati.