Market Releases


1st June 2018

Freightways Limited (Freightways) announces the appointment of Abby Foote to the Board as an Independent Director, with effect from 1 June 2018.

Abby Foote is a professional director based in Christchurch with over 10 years' governance experience, including various NZX-listed and Crown-owned companies. With qualifications in both law and accounting, Abby has experience in a range of senior management, finance and legal roles, with a focus on corporate finance and commercial transactions. Her experience covers a number of diverse areas, including mergers & acquisitions, treasury, structured finance transactions, web-based platforms, management of large projects and strategy development and implementation.

Abby has a strong analytical and strategic focus, coupled with a critical awareness of corporate governance and risk management issues.

Abby is currently a director of Z Energy, where she chairs the Health, Safety, Security & Environment Committee; a director and chair of the audit & risk committees of The Museum of New Zealand Te Papa Tongarewa, TVNZ and Livestock Improvement Corporation Limited; and a director of Sanford Limited. Abby's past governance appointments have included Transpower Limited, Diligent Corporation, BNZ Life Insurance Limited and the NZ Local Government Funding Agency Limited.

In welcoming Abby as a Freightways Director, Chairman Sue Sheldon said "Abby's experience complements that of other Freightways Directors and adds strength, particularly across finance, risk and commercial transactions. She also brings a strong focus on corporate governance and experiences from a broad range of business types and styles."

At the company's Annual Shareholders Meeting on 25 October 2018, shareholders will be asked to elect Abby Foote to the Board of Freightways Limited.

For further information please contact:

Chief Executive Officer
Freightways Limited
Ph: (09) 571 9670