Following positive momentum in financial performance, New Zealand company, MOVE Logistics Group, has promoted its interim CEO.
Paul Millward has been named CEO of MOVE, effective 28 February 2025.
“In the past six months as interim CEO, Paul has demonstrated his passion for MOVE alongside strong leadership, and is making good progress on the transformation program and the shift to a high performance culture,” said MOVE Chair, Julia Raue.
“His appointment reflects the Board’s confidence in his ability to lead the organisation in achieving transformational change and delivering value to stakeholders, as demonstrated by a significantly improved 1H25 result.”
For the six months ended 31 December 2024, total income was $150.7 million NZD (approx. €83 million) – down 5.0 per cent compared to 1H24 but ahead of 2H24.
“MOVE is an iconic New Zealand business and I’m privileged to be stepping into the CEO role on a permanent basis,” said Millward.
“While there is still work to be done, we are making good progress.
“I’m looking forward to leading MOVE through its next phase and unlocking sustainable value in our business for our team, our customers and our shareholders.”
In other news, Gebrüder Weiss closed FY24 with net revenues of €2.71 billion, up 10 per cent year-on-year.
