Feltex Carpets adds John Hagen on its Board

28 Nov '05

2 min read

Leading carpet maker Feltex Carpets Limited announced that John has agreed to join its Board.

Hagen recently retired from his position as Chairman of the New Zealand practice of Deloitte, after a 24-year career with the firm and 10 years as Chairman. At Deloitte, John was a partner in the Corporate Finance area.

John has been President of the Institute of Chartered Accountants and was the inaugural Chairman of the Accounting Standards Review Board. Other directorships include Datacom, and Trustee Executors and formerly Gough Gough and Hamer.

“I have had extensive commercial experience and look forward to working with the existing Directors in continuing to restore value to shareholders”, said Hagen.

John has an MBA majoring in finance from the University of British Columbia and a Master of Commerce with first class honours from the University of Auckland.

He is a Fellow of the New Zealand Institute of Chartered Accountants, a Fellow of the Institute of Directors and a Fellow of the Arbitrators and Mediators Institute of New Zealand.

He is a Distinguished Alumni of the University of Auckland.

Hagen fills a vacancy left by Ms Joan Withers who resigned when she was appointed CEO of Fairfax New Zealand Ltd. The Board will seek confirmation of Hagen's appointment at the Annual General Meeting on 1 December.

Feltex Carpets, Australasia's largest manufacturer of residential and commercial carpets.

Feltex Carpets Limited

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