New Role for DWC Chief Executive

New Role for DWC Chief Executive

“DWC Chief Executive Mike Trousselot has resigned to take up a new role as CE of the Taranaki Investment Management Limited fund.”

“Mike has done a very good job through the initial and difficult establishment phase of DWC and in the subsequent operation of the Trust. His efforts have resulted in very tangible benefits to the West Coast community. His new role is with a similar but larger organization. We wish him well.”

“Mike has headed DWC since it began in 2001. Since then the initial fund of $92 million has grown to over $120 million and DWC has made investments in local businesses of over $40 million.”

“The strong investment performance in Mike’s time has translated into regional and local gains for business, community facilities, and educational and training programs. These have helped drive the strong turnaround in the economic performance of the West Coast especially in dairying, mining, and tourism. “

“An acting CE will be appointed in due course.”

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