Board of Directors
Simon Luke Moriarty
MS (Stanford), LLB (Hons), BCA (VUW)
Chairman of Directors
Last re-elected 2015
Mr Moriarty was appointed Chairman of Directors in 2005. He is the Chief Executive Officer and an Executive Director of Rubicon Limited. Prior to that he was a member of the Executive Office of the Fletcher Challenge Group, and was instrumental in structuring the financial separation of the Fletcher Challenge Group in 2001 and the establishment of Tenon as a stand-alone entity. He joined Fletcher Challenge Limited in 1982, and held a number of senior executive roles across the Fletcher Challenge Group Divisions in New Zealand and North America, including Chief Financial Officer of Fletcher Challenge Canada and Director of TimberWest Forests. Between 2011 and 2015 he was a Monetary Policy Advisor to the Governor of the Reserve Bank of New Zealand. He is also a director of ArborGen Inc.
The Board has determined that Mr Moriarty is not an independent Director because he is a director of Rubicon Forests Holdings Limited, the Company’s largest shareholder, and is the Chief Executive Officer and Executive Director of Rubicon Limited, the holding company of Rubicon Forests Holdings Limited.
Mark Kenneth Eglinton
B. Com., LLB (Otago)
Last re-elected 2016
Mark Eglinton is currently the CEO and a director of NDA Group (NDA). NDA is a NZ-based international engineering group, which has a large presence in the US, and where Mark spends a considerable amount of his time. Prior to joining NDA Group, Mark worked for Tenon for nine years, including five years as CEO from 2005 through to 2009, and before that four years as Commercial Director and head of Tenon’s US-based consumer solutions business. Prior to Tenon, Mark held a number of positions within Fletcher Challenge Building, including Managing Director of Fletcher Aluminium. Mark is also a trustee of the Young Enterprise Trust.
The Board has determined that Mr Eglinton is an independent Director.
BEng, MBA (McGill)
Last re-elected 2014
Mr Karaplis has over 36 years experience in building and growing shareholder value and a proven track record in “turn-around” and high growth companies. He was previously Deputy Chairman of Netia, a Polish integrated telecom services and media solutions company, and he has previously led France Telecom’s Global One business in Greece as Managing Director. He also acted as Chief Financial Officer and General Manager of International Investments for the Hellenic Telecommunications Organisation. Prior to that Mr Karaplis held a number of management positions in Canada and Europe. He has relevant experience in the forestry and wood products industry from his previous employment with Domtar, a Canadian Paper and Forest Products producer.
The Board has determined that Mr Karaplis is not an independent Director because he is a director of Rubicon Limited, the holding company of the Company’s largest shareholder, Rubicon Forests Holdings Limited.
Stephen Garfield Kasnet
BA University of Pennsylvania (Philadelphia)
Last re-elected 2016
Mr Kasnet is currently Chairman of Rubicon Limited, the holding company of the Company’s largest shareholder, Rubicon Forests Holdings Limited. He is also Chief Executive Officer of Calypso Management LLC, President of Ocean Manchester Corporation, director of the First Ipswich Bank, Trustee of the Governors Academy and Vice Chairman and lead director of Two Harbors Investment Corp and lead Silver Bay Realty Trust Corp. He has previously held the roles of President and Chief Executive Officer of Harbor Global, a prime asset of which was a timber harvesting and sales operation in eastern Russia covering over three million acres of concession area, Managing Director of First Winthrop Corporation and Winthrop Financial Associates in the US, President and Chief Executive Officer of Raymond Property Group and Dartmouth Street Company and also Executive Vice President of the Pioneer Group Inc. in the US. His responsibilities there covered the global strategic investments for the Pioneer Group, including venture capital and timber operations.
The Board has determined that Mr Kasnet is not an independent Director because he is the Chairman of Rubicon Limited, the holding company of the Company’s largest shareholder, Rubicon Forests Holdings Limited.
Stephen Brent Walker
BCom, BSc (Auckland)
Mr Walker was appointed to the Board in December 2016. He brings a wealth of experience in investment management, financial markets and governance, having been a leading investment manager and analyst with over 25 years of experience producing high-quality analysis and insights on a wide range of Australasian companies and sectors. He is Executive Officer of Methodist Trust Association and a director of Wood Engineering Technology Limited.
The Board has determined that Mr Walker is an independent director.