Investors

Zespri International Limited is a consumer-driven, grower-owned company dedicated to the global marketing of kiwifruit. We are a relatively large company in terms of the number and diversity of our stakeholders.

Growers and shareholders entrust a great deal to the company, through both the investment that they have in their shares, as well as the broader reliance they have on Zespri as the world's marketer, strategic leader, innovation provider and steward of the Zespri System.

New Zealand kiwifruit growers, past and present, are Zespri shareholders. To be eligible to purchase shares, Zespri growers must demonstrate current production of kiwifruit.

At the end of each financial year the Zespri Board reviews available profits, and declares a dividend payment per share. The Board currently have a policy of paying between 70% to 90% of each year’s available profits as dividends. The Zespri Board is committed to paying a strong and stable dividend into the future, whilst building a strong capital base to support anticipated future growth.

Zespri Business

Zespri is owned by around 3000 current and past growers, who are as determined as the Zespri Board, Executive Team and staff to keep improving the quality of Zespri Kiwifruit.

Our Board of Directors is chaired by Peter McBride, and he and the Directors offer a wide range of experience, from international marketing and corporate governance to industry knowledge and financial expertise. Their task is to provide strong strategic direction for the company and ensure it meets all regulatory requirements.

Meanwhile, our Executive Team is led by Lain Jager; he and Zespri's high calibre managers have the skills and experience necessary to deliver for our stakeholders.

Around 250 employees make up the Zespri family globally. The entire Zespri family places great importance on investing in the future of our industry. We work toward this by fostering the education of our young people and our industry's future leaders, and by enriching the lives of people where we live, work and play.        

Board of Directors

Zespri’s eight Board Members offer a wide range of experience, from international marketing and corporate governance to industry knowledge and financial expertise. Their task is to provide strong strategic direction for the company and ensure it meets all regulatory requirements.

  • Peter McBride

    Peter McBride

    Chairman

    • ZGL/ZIL Director since 2002
    • Chairman since May 2013
    • Director of Zespri Innovation since 2002

    Peter McBride became a Zespri director in 2002 and has been Zespri chairman since 2013.  He represents Zespri International as a Director on the New Zealand International Business Forum and as a member of the New Zealand – China Council.

    Peter’s career has focussed on agribusiness development and management in the New Zealand kiwifruit and dairy industries. As well as being an investor in the kiwifruit and dairy industries, Peter has financial interests in the New Zealand avocado and forest products sectors – he was previously a Director of Sequal Lumber Ltd, based in Kawerau.
     
    Peter has a long history of service to charitable organisations. He was a former director of Longview Charitable Trust Board (Dairy) in the Waikato and has been a Director of Centrefarm Aboriginal Horticulture in Australia since 2008.  He is also currently the General Manager of Horticulture for Trinity Lands Ltd, a large scale dairy and kiwifruit charitable trust.
     
    As well as his agribusiness background, Peter’s horticultural science experience has led him to have a strong interest and governance focus on innovation in the New Zealand kiwifruit Industry, including serving as Chairman of Kiwifruit Vine Health  from 2011 to 2013, in response to the outbreak of Psa in New Zealand.

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  • Bruce Cameron

    Bruce Cameron

    • ZGL/ZIL Director since August 2010
    • Deputy Chairman since May 2013
    • Chairman of the Industry Advisory Council
    • Member of the Organisation and Administration Committee

    Bruce Cameron is a long time kiwifruit grower. He also has a background in pastoral and arable farming, previously was the Managing Director of the Cameron Group of Companies whose interests were in the Quarry and Transport Industries up to 2007 when it was sold to Fletcher Concrete and Infrastructure Ltd. Bruce has interests around property, diary, beef, sheep and kiwifruit farming.

    Bruce is on the boards of the New Zealand Rugby Union, Te Awanui Huka Pak, Cameron Farms Ltd, Gilston Mains Ltd, and Waipuna Foundation.

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  • Jonathan Mason

    Jonathan Mason

    • ZGL/ZIL Independent Director since May 2013
    • Chairman of the Audit and Risk Management Committee
    • Member of the Organisation and Administration Committee

    Jonathan Mason has 30 years’ international commercial experience in oil, chemicals, forest products, and dairy and consumer products, with an emphasis on emerging markets. Among previous positions, Jonathan was the Chief Financial Officer of Fonterra, Executive Vice President and Chief Financial Officer of Cabot Corporation in the United States, and Chief Financial Officer for Carter Holt Harvey.

    From 1985 to 2000 he worked in a variety of financial management positions at International Paper and ExxonMobil Corporations. Jonathan is also a member of Vector Ltd and Air New Zealand boards, and is Adjunct Professor of Management at the University of Auckland.
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  • Tony de Farias

    Tony de Farias

    • ZGL/ZIL Director since 2007
    • Chairman of the Supply Chain Committee
    • Member of the Organisation and Administration Committee
    • Member of the Industry Advisory Council
     
    A Zespri Director since 2007, Tony de Farias also holds a number of governance roles in the Agricultural / Horticultural sector covering Dairy and Pipfruit in addition to Kiwifruit, where he is the independent Chairman of Opotiki Packing and Coolstorage Limited (Opac).

    He is also a Director of NZX listed Eastern BOP Lines Company, Horizon Energy. Community interests include Chairmanship of Grow Whakatane Advisory Board. Previously a director of the BOP Rugby Union, he now holds a position as independent Director of Chiefs Rugby. Tony de Farias has a long history with the kiwifruit industry including orchard ownership, involvement in several industry bodies and the establishment of Seeka Kiwifruit Industries Limited which he managed until 2006. Tony is the Zespri Director appointed to the Green Development Group.

    Tony has direct interests in both Zespri Green and Gold Kiwifruit orchard investments located in Te Puke, Katikati and Otamarakau.
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  • Paul Jones

    Paul Jones

    • ​Zespri Grower Director since July 2014
    • Member of the Organisation and Administration Committee
    • Member of the Industry Advisory Council

    Paul Jones is a long term Kiwifruit grower and investor.  He is a Founding Partner and Director of Direct Management Services (DMS), a post-harvest and orchard management company in the Bay of Plenty.

    Paul has served on a number of industry entities and, prior to his appointment as Director, was a member of the KGI Forum, and a Director of Kiwifruit Vine Health (KVH).  He grows all Zespri commercial varieties and is actively involved in orchard management.

    Paul also has interests in avocados, dairy and forestry.  He is a Director of a number of private companies and a Trustee of a charitable trust.

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  • David Pilkington

    David Pilkington

    • ZGL/ZIL Independent Director since 2005
    • Chairman of the Board Innovation Subcommittee
    • Member of the Supply Chain Committee

    David Pilkington joined Zespri with an extensive career in the New Zealand agricultural industry, including 28 years with Fonterra (formerly the New Zealand Dairy Board) where he held a number of senior management positions, including Chief Executive Officer of the Dairy Board’s operations in both North America and Japan. His most recent role at Fonterra was a Managing Director of New Zealand Milk, the global consumer products and food-service business.

    A professional director since 2004, David is on the boards of publicly-listed Restaurant Brands New Zealand Limited and Port of Tauranga Limited, which he also Chairs. He is a director of Ballance Agri-Nutrients Limited, Tuatara Brewery Limited and Douglas Pharmaceuticals Limited. He is Chairman of Rangatira Limited and Chairman of Hellers Ltd.

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  • Nathan Flowerday

    Nathan Flowerday

    • ZGL/ZIL Director since July 2012
    • Member of the Audit and Risk Management Committee
    • Member of the Business Innovation Subcommittee
    • Zespri Board appointed Director on Kiwifruit Vine Health (KVH)

    Nathan Flowerday comes from a farming and kiwifruit orchard background.  After graduating from Massey University, Nathan spent several years as a rural bank manager for ASB Bank in the Bay of Plenty before joining Merrill Lynch Investment Managers (London) as a business analyst and management accountant; before returning to New Zealand in 2006.

    Nathan became involved in the kiwifruit industry in 1997, when his family moved over from the Waikato and purchased their first kiwifruit orchard. Now, Nathan is involved in all aspects of kiwifruit growing owning several kiwifruit orchards and an orchard management and orchard contracting business. He is passionate about the kiwifruit industry, as well as ensuring Zespri continues to deliver premium kiwifruit to the world, resulting in strong returns back to Zespri growers and shareholders.

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  • Teresa Ciprian

    Teresa Ciprian

    • ​ZGL/ZIL Director since November 2014.

    Teresa has a background in the commercialisation, innovation, marketing and business development of branded consumer dairy and other foods.

    She has significant international business experience, having held a number of senior roles with Danone in both the USA and France from where she worked in a number of international markets. Her primary focus was on identifying, developing and delivering global growth initiatives with central and locally based teams.  Beginning her career as a technician in the dairy industry, she is passionate about adding value to New Zealand’s primary and technology based industries.

    Since returning to New Zealand, Teresa has advised a number of internationally focused businesses on their growth strategies and has developed a governance portfolio that also includes the boards of Firstlight Foods Ltd, AgResearch, Aspeq and Aviation New Zealand.

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Executive Team

The Executive Team is responsible for the day-to-day operation of Zespri and implementing its business strategies.

  • Lain Jager

    Lain Jager

    Chief Executive

    Lain Jager joined Zespri in 1999 as Human Resources Manager and was promoted to General Manager Supply Chain in July 2004. Lain was appointed Acting Chief Executive in July 2008, and Chief Executive in December 2008. 

    Before Zespri, Lain was Director, Human Resources at the Sheraton Auckland and prior to that he was Executive Development Manager for Pacific Steel and Human Resources Manager for Sheraton Rotorua. Lain, who grew up in New Plymouth, has a Masters degree in Psychology, Philosophy and English from the University of Waikato.

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  • David Hazlehurst

    Chief Financial Officer

    In February 2015, David was appointed Chief Financial Officer, responsible for the overall finance and information services functions of the Zespri Group of Companies.

    Before joining Zespri, David held the role of CFO and Vice President, Commercial and Pacific Islands for NZ Steel (a NZ$1Billion business).

    Prior to this David, a Waikato University graduate, worked for Lion Nathan in Financial Controller and Group Management Accountant roles, had a short period with Oxygen Business Solutions (the IT division of Carter Holt Harvey) before moving to Fonterra in 2002 where he held three senior roles; GM, Fonterra Business Services and Global Finance Integration Manager. He then moved to Germany where he was Chief Financial Officer of a JV between Friesland Campina and Fonterra.

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  • Daniel Mathieson

    Daniel Mathieson

    President - Global Sales and Marketing

    Daniel Mathieson joined Zespri Japan as a member of the operations team in 2003. He was soon promoted to Operations Manager for East Asia, and in 2005 took over responsibility for Zespri Korea as Market Manager.

    After three successful years there, he was appointed Market Manager for the Southeast Asia Region, where he was able drive considerable growth in Zespri’s new and developing markets. In April 2011, Daniel took on a global executive role as Vice President Sales and Marketing based in Antwerp, Belgium, and was appointed Zespri’s President of Global Sales and Marketing in May 2013.  He is based in Tokyo.

    Before Zespri, Daniel worked based out of Tokyo for Omron and NEC in corporate communications, international marketing and project management roles. Daniel, who grew up in Auckland, has spent the last eighteen years studying and working in Asia, and more recently Europe. He studied Japanese and International Business at the Auckland University of Technology and Waseda University in Tokyo, and completed an Executive MBA from the National University of Singapore.
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  • Blair Hamill

    Blair Hamill

    General Manager Supply Chain

    Blair Hamill joined Zespri in 2000 as Operations Accountant. In 2004 he was promoted to Commercial Manager in the New Zealand Supply side of the business. In 2008 he was seconded to the 12-month non-New Zealand supply side of the business focusing on the Northern Hemisphere supply from Italy and France. In 2011 Blair was appointed General Manager Global Supply and was based offshore in Italy. Blair was appointed General Manager Supply Chain in December 2014.

    Prior to joining Zespri, Blair worked in Chartered Accountancy and as a Management Accountant. He has a Business Studies Degree, majoring in Accounting from Massey University.

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  • Simon Chisholm

    Simon Chisholm

    General Manager Supply Chain Development

    ​Simon Chisholm joined Zespri as General Manager Supply Chain Development in 2013.

    Prior to Zespri, Simon spent 10 years working for Fonterra in various supply chain operational and strategy roles, most recently as business owner of a three-year business transformation project re-engineering supply chain processes and systems.

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  • Carol Ward

    Carol Ward

    General Manager Marketing

    Carol Ward joined Zespri in April 2002 after two years of involvement with Kiwifruit New Zealand and Kiwifruit Growers Incorporated (KGI). Initially working as the Global Marketing Manager Gold she moved to the role of Planning and Supply Manager in January 2006. Carol was appointed to the role of Director Corporate and Grower Services in late 2008 and in 2011 Carol assumed her current role as General Manager Marketing, based initially in Belgium, then Taiwan, and recently has relocated to Zespri’s Singapore office.

    Prior to working in the kiwifruit industry Carol held a variety of marketing and sales roles at Carter Holt Harvey Tissues and divisional management roles at Hanimex (NZ) Limited and New Zealand Dairy Foods.

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  • Simon Limmer

    Simon Limmer

    Chief Operating Officer

    Simon joined Zespri in April 2008 and was responsible for the development of global fruit production and sourcing, research and development, and grower services.  As well as managing the Grower Services and Government Relations teams, in 2013 Simon was appointed as General Manager China. In late August  2014 Simon was appointed Chief Operating Officer, providing strategic leadership and integration on the supply side of the business.

    Prior to this he had 14 years international general management and business development experience with Veolia Environment, the €30 billion global leader in environmental services. His most recent role was as the Deputy Vice President/Commercial Director – Global Industrial Markets Division. Simon graduated from the University of Waikato with a Bachelor of Management Studies (Commerce/Marketing) before joining Ford Motor Company.

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  • Bert Barmans

    Bert Barmans

    General Manager Europe

    ​Bert Barmans started at Zespri in 2000 as Market Manager for Benelux and Nordic, and was later in charge of all Eastern Europe sales before becoming Sales Manager for Europe & MEIOA in 2006. In April 2011, Bert was promoted to General Manager Europe.

    Before Zespri, Bert worked in different retail functions for Exxon, IKEA and a Belgian subsidiary of Carrefour. He holds a degree in International Economics and Econometrics from the Leuven University, Belgium.

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  • Holly Brown

    Holly Brown

    Global Human Resources Manager

    ​Holly Brown has been with Zespri since 2008 and is responsible for human resources, organisational development, administration and health and safety.

    Prior to joining Zespri, Holly headed up the Human Resources division of the London branch for corporate investment bank Natixis, and held a variety of HR roles with global companies under The Nuance Group (including Regency Duty Free). Holly has a Bachelor of Social Sciences from the University of Waikato, majoring in Psychology, Human Resources and Industrial Relations.

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  • Carolyn Culliney

    Carolyn Culliney

    Acting General Counsel

    Carolyn Culliney is the Acting General Counsel for Zespri. Carolyn has a background in commercial corporate law which she has practiced for 16 years with leading law firms in Auckland, Hamilton and Tauranga.  Before this, Carolyn worked in resort development for several years in Tokyo and the financial futures and options field in London.

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  • Ben Hughes

    Ben Hughes

    Regional Manager MEIOA/Americas

    ​Ben Hughes joined Zespri in 2012 as Regional Manager for the Middle East, Africa and Indian sub-continent. Based in Dubai, he focused on Sales, Marketing and Operations. In April 2014 Ben was appointed as Regional Manager MEIOA/Americas which expands his regional management to include North and Latin America.

    Prior to joining Zespri, Ben worked for Fonterra Brands based in Dubai in a variety of Marketing and Business Development roles covering the Middle East, Africa and former Russian Federation countries. In New Zealand, Ben worked for Goodman Fielder in marketing and category management roles. Ben has a Masters degree in Marketing and International Management from Waikato University.

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  • https://admin.zespri.com/PublishingImages/Steve-Bunyan.jpg

    Steve Bunyan

    Regional Manager South & Southeast Asia

    ​Steve Bunyan moved from the Forestry Sector to Zespri in 2002 when he was employed as Zespri Group Management Accountant. Since then Steve has held key positions in Zespri’s Marketing Services and Supply Chain teams in New Zealand. In 2011 Steve moved to Singapore to manage the Southeast Asia market and in early 2014 was appointed Regional Manager East and Southeast Asia.

    Steve has a background in accounting and finance, initially working in business banking before spending five years in the NZ forestry sector at Rayonier and Fletcher Forests. Steve is a member of NZICA with a Bachelor of Commerce from the University of Auckland.

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Targeted Share Offer

​We are starting a registration process to identify new plantings and developments as part of identifying growers who may be unshared or under-shared (less than 1:1) and wish to take part in a share offer planned for later this year. Registering will not mean growers are obliged to take any of the shares that may be offered, but will give growers who meet the criteria the opportunity to take part if they wish to.

The registration process, and who is eligible for the proposed share offer, will be outlined once the due diligence Zespri has to first undertake is completed, and the details of the proposed share offer are available. For those with new plantings/new developments, so we can identify you and allocate the relevant entitlement, we are conducting a registration process. The registration process will involve completing the Registration of New Plantings/Developments form (attached) and supplying a supporting GPS map that is no less than two years old.

Click here for more information and to register»

Investor Publications

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