Position Specification
New Zealand Post Ltd
On behalf of the shareholding Ministers, we are inviting applications from people with
governance capability who can bring a fresh perspective to the Board of New Zealand Post
(NZ Post) Ltd from their career and life experience.
Applicants must have the necessary capabilities that enable them to meet the requirements
of a director in terms of the Companies Act 1993 and other relevant legislation. They must
be able to demonstrate the knowledge, skil s, attributes, behaviours, and personal qualities
critical for organisational stewardship and required for particular roles on the Board.
For a full list of capabilities applicable to Crown companies and SOE boards go to
: What we
look for - Board Appointments.
Capabilities sought
Ideal candidates wil have some or all of the following:
•
significant governance experience, including experience chairing committees
•
commercial acumen
•
strategic thinking
•
experience in the retail sector
•
expertise in the customer experience, including online
•
large organisation experience, operational experience
•
strong people and culture experience would be an advantage
Commitment
The Board typically meets eleven times per year by way of either physical meetings or video
conferencing. In addition, all members sit on at least one of the Board’s commit ees which
generally meet four times a year and require around half a day preparation. Some matters
are considered by the Board via circulation, as required.
Remuneration
Directors’ fees for the NZ Post Board are based on a rate of $80,330 per annum. Actual fees
paid are at the discretion of the board.
Closing date and Introduction Letter
Candidates are asked to provide a cover letter to support their application. This may include
details on their values, interest and motivations for this role, and any personal attributes,
strengths and diverse perspectives that they think would contribute to performance on this
Board.
To be successful in this role candidates must be able to demonstrate the core capabilities
sought. In their cover letters, candidates are required to clearly outline how they meet the
following key requirements:
• significant governance experience, including experience chairing committees
•
commercial acumen
•
experience in the retail sector
•
expertise in the customer experience, including online.
Please note that if you are shortlisted as part of this appointment process, you wil be asked
to disclose all relevant interests (which could be personal, private, business or financial
interests) that could result in an actual, potential or perceived conflict of interest. All
shortlisted candidates are also subject to reference and background checks which wil be
undertaken by an external provider engaged by the Treasury. Al final decisions regarding
board composition are at the discretion of the shareholding or responsible Minister. Your
application and cover letter are required to be with the Treasury no later than
5.00pm on
Sunday 30 March 2025.
Any queries should be directed to
[email address]
Current Board composition
Board Member
Appointment date
Term end date
Dame Paula Rebstock (Chair)
14 November 2024
31 October 2027
Paul Reid (Deputy Chair)
14 November 2024
31 October 2027
Paul Cochrane
29 June 2022
31 May 2025
Roger Gray
8 July 2024
30 June 2027
Brodie Stevens
14 November 2024
30 April 2027
Bruce Wattie
5 April 2023
31 March 2026
Linley Wood
14 November 2024
30 April 2027
Entity’s business and structure
NZ Post’s mail and parcel businesses are experiencing different growth trajectories and
significant transformation is required over the short to medium term to efficiently manage
these two core business segments.
Mail volumes are continuing to decline due to increasing use of digital communications. Due
to falling volumes and relatively fixed costs, the continued delivery of mail services under
current settings is no longer commercially viable. The Deed of Understanding between the
Crown and NZ Post which sets out the minimum service requirements for NZ Post’s mail
business is currently being reviewed to identify options for a commercially sustainable mail
service.
Parcel volumes have been increasing as a result of growing eCommerce markets, both in
New Zealand and internationally, and NZ Post has been investing to enhance its parcel
network backbone – Te Iho. This is a 10-year investment programme, which started in
2019 that aims to increase the processing efficiency and volume capacity of NZ Post’s
parcel operations through automation of its national parcel processing network, in
recognition of the opportunities that ongoing growth in both global and domestic
eCommence activity has for the logistics sector. The programme includes plans to integrate
the mail and parcels businesses with the aim of providing cost efficiencies for the mail
business.
Furthermore, NZ Post has made several acquisitions recently. These include Fliway, a New
Zealand based logistics company that specialises in delivering high value products (March,
2022), Supply Chain Solutions which focuses on logistic solutions (acquiring a 50% stake in
July, 2021 and acquiring the second 50% in October, 2024) and courier customer contracts
from Peter Baker Transport (June, 2024).
Business drivers short to medium term
The primary areas NZ Post wil be focussed on are as follows:
• NZ Post’s strategy for 2024-27 (as listed in its Statement of Corporate Intent) focuses
on its five 'capitals': commercial; customer; people; environment; and networks.
• These capitals represent the key aspects that underpin NZ Post's value and are
intended to provide a holistic view of the business.
• Underlying these capitals is NZ Post's focus on sustainable growth of its parcel
segment and managing the decline of its mail segment.
Document Outline
