12 Jun 2011

Appliance company veteran to stay on board

11:35 am on 12 June 2011

Fisher & Paykel Appliance veteran Gary Paykel will defer his retirement as a company director for another year while the company seeks to fill two board vacancies.

Directors Simon Botherway and Philip Carmichael have resigned in the last two months, and four others have recently retired or resigned or plan to do so.

Fisher & Paykel chief executive Stuart Broadhurst says two new Board appointments will be announced soon. However he says Mr Paykel's 45-years of experience with the company are needed for another year.

Mr Broadhurst says the company is continuing with its director succession plan.