Managing director of Tullis Russell Papermakers Chris Parr will take over the position of group chief executive as of 1 September 2007.
Parr will combine his new role with his existing position while the longer-term management structure of the business is considered.
Munro said: “We’ve built a strong team and I know it will continue to prosper.”
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"Thanks Jo, look forward to reading it in due course. Administrators generally argue that they need to act with lightning speed in order to protect the business/jobs, thereby overlooking the fact that..."
"Hello Keith,
The details will be in the administrators' report but that's not available yet. I will write a follow-up piece when that's filed.
Best regards,
Jo"
""The terms of the deal were not disclosed."
Here we go again. Why is it that administrators are not obliged to reveal the terms of a pre-pack deal?"
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