Arrow International’s continued growth

Arrow International’s continued growth reflected in historic appointment of new CEO, Hugh Morrison

First change in CEO since company’s establishment eighteen years ago

Arrow International, New Zealand’s largest project and construction management company, today announced the promotion of Hugh Morrison to the role of Chief Executive Officer, the first change in the firm’s leadership since its establishment eighteen years ago. Having joined the company in 1994, Mr Morrison was most recently CEO of Arrow’s Australian operations where he oversaw the set up of the Sydney and Melbourne branches and the completion of several major projects.

Mr Morrison replaces Arrow’s founding CEO and Principal, Ron Anderson, who remains Chairman. Along with co-founder Bob Foster, Ron Anderson will continue to pursue strategic investment opportunities for the company at a board level.

According to Mr Anderson, the appointment of Hugh Morrison marks a significant milestone in the company’s history. “Following our continued success in the New Zealand and Australian markets, including a twenty per cent increase in growth in the last year, the time has come to implement the next phase of our succession strategy,” he says.

“Bob Foster and I founded Arrow International with the aim of creating the most outstanding company in the history of New Zealand’s project and construction industry. Today, we are more than half way towards that goal. With his outstanding record in the industry, Hugh has the vision, passion and proven leadership skills that will enable Arrow to reach that goal by 2010.”

Hugh Morrison explains that one of the significant keys to Arrow’s success is the company’s unique culture which is characterised by integrity, the ability to think outside the square and a total commitment to client relationships to achieve outstanding outcomes. “We will continue to strengthen Arrow’s culture and reputation so that the company will still be operating as a successful, innovative company in another hundred years,” he says.

Mr Morrison has broad experience in the construction and property industry which includes Singapore’s Sentosa Island Sewerage Scheme, Singapore’s Night Safari Zoo, Tunnelling and Civil Structures for Hong Kong’s Tai Kok Tsui Station, Overlay projects for Sydney’s 2000 Olympics, development of The Wollongong Innovation Campus in Australia as well as numerous hospitality and retail projects in both New Zealand and Australia. Mr Morrison holds a Bachelor of Engineering with honours from Canterbury University and a Masters of Business Administration with distinction from Otago University.

About Arrow International

Established in 1984, Arrow International is New Zealand's largest project and construction management company, with annual turnover in excess of $100 million, and 150 employees. Arrow’s project delivery services, together with its frontline strategic and development planning expertise, provide a unique ‘one stop’ approach to capital works, focusing on total project delivery.

With offices throughout New Zealand, Arrow has delivered some of the country's most outstanding projects, as evidenced by the accolades at last year’s New Zealand Institute of Building Awards. In addition, Arrow received an Export Award in 2000 after successfully entering the Australian market, where the company now operates an office in Melbourne.

Arrow International focuses on the needs of its clients, working within a team environment to understand better the client’s business objectives and deliver outstanding results without compromise.

Founding Directors, Ron Anderson and Bob Foster, are among New Zealand's leading multisport athletes, having competed in the Eco Challenge, Raid Gauloises and Southern Traverse. Arrow New Zealand also event manages its own 24 Hour Endurance Race with more than 100 teams competing in 2002. Arrow is a corporate member of the New Zealand Sports Foundation.

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