Skellerup managing director resigns

Skellerup managing director Donald Stewart has resigned after 18 years in the top job.

He will remain in the role until June 30, but will continue with the company until a replacement was found.

Donald joined the Skellerup group in 1979, rising to become managing director in 1992.

The company was placed in a trading halt this morning, ahead of the material announcement.

Chairman Sir Selwyn Cushing said in a statement Donald had overseen a significant transformation in strategic direction during his tenure.

- NZHERALD STAFF