Chorus rebuild earns CFO top award
Carroll won for his work rebuilding market confidence in Chorus.
Andrew Carroll of Chorus is the EY chief financial officer of the year.
Carroll received the award at the 2017 CFO Awards in Auckland on Wednesday, for his work rebuilding market confidence in Chorus.
The judges said Carroll had successfully addressed a significant funding gap at the fibre company, as well as steering Chorus through complex regulatory challenges and market concern.
‘‘Despite the significant external challenges, Andrew demonstrated a strong ability to support his chief executive, communicate well with a wide variety of stakeholders, and maintain exceptionally high staff engagement levels.’’
The CFO Awards celebrate New Zealand’s top chief financial officers and senior finance executives and teams.
New Zealand Superannuation Fund chief executive Adrian Orr received an award for outstanding contribution to finance and business.
The judges commended Orr on his decorated career spanning NZ Treasury, the Reserve Bank of New Zealand, and the World Bank Treasury, which had had a significant impact on the greater business community.
Listed retirement home operator Summerset was named finance team of the year, for using better quality information to deliver an estimated 60 per cent profit increase.
Placemakers won the financial innovation project of the year, while Richard Chew from 90 Seconds took the award for SME finance team of the year.
Casey Blatch of Synlait Milk was named the young financial manager of the year, while Jessie Watling of Ruapehu Alpine Lifts was highly commended in the same category.
Head judge Jonathan Mason, a former Fonterra CFO, said the judges were impressedall the winners and finalists.
The awards were organised by Fairfax Media and Conferenz.